Metaplanet Plans 93.7% Super League Stake in 2,100 BTC Deal
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Metaplanet would gain access to US capital markets through a proposed 2,100 BTC transaction for a 93.7% stake in Super League.
Metaplanet plans to acquire a 93.7% stake in Super League in a transaction involving 2,100 Bitcoin, according to Cointelegraph.
The proposed deal would give Metaplanet access to US capital markets, providing a route to raise funds for its Bitcoin buying strategy.
Metaplanet intends to issue preferred shares in that market to finance further Bitcoin purchases. The planned stake would make it Super League’s controlling shareholder.
Source: Cointelegraph
