The third-largest company holder of BTC has revealed extra particulars about its deliberate US enlargement, which can see it make investments 2,100 BTC and $2.5 million in money into Tremendous League Enterprise.
The transaction will remodel the Nasdaq-listed entity into Superplanet and can change into a US Bitcoin treasury platform working beneath the ticker SUPA.
Superplannet Is Coming
Metaplanet is predicted to regulate roughly 95.7% of the corporate’s frequent inventory and voting energy following the deal. The newly revealed investor presentation explains the broader technique during which the Japanese firm desires to duplicate its Asian BTC treasury mannequin within the significantly deeper US capital market.
It described the construction as “two listed issuers, two currencies, in two of the world’s largest capital markets.” The corporate will proceed accessing yen-denominated capital in Japan, whereas Superplanet will try to boost USD within the States. All of the BTC amassed by the newly-renamed entity will stay inside the Metaplanet group and be consolidated into its general holdings.
A key a part of the technique might contain issuing USD-denominated perpetual most well-liked shares to boost extra capital and enhance Superplanet’s frequent share rely. The agency plans to make use of the proceeds to accumulate extra BTC.
Within the hypothetical instance offered within the presentation, Metaplanet stated if Superplanet raises most well-liked capital equal to the worth of its preliminary BTC holdings, it would use all of it to buy extra parts of the cryptocurrency. This is able to double the preliminary treasury from 2,100 BTC to 4,200 items and enhance attributable bitcoin per absolutely diluted Metaplanet share by roughly 4.7% with out issuing extra frequent shares, the assertion defined.
Metaplanet can even have the choice to take a position one other $210 million into Superplanet and obtain long-term warrants probably protecting as much as 381 million shares.
It’s value noting that the deal stays topic ot shareholder, Nasdaq, and different regulatory approvals. If it receives the inexperienced mild, it’s anticipated to begin within the last quarter of the yr
43,000 BTC
Metaplanet adopted the BTC treasury technique final yr and made a number of main acquisitions. Nonetheless, it paused its purchases for months as market costs unraveled in 2026, earlier than resuming them in early July. As of press time, it holds 43,000 BTC, making it the third-largest publicly listed company holder of the cryptocurrency, trailing Twenty One Capital (43,514 items), and Technique (840,447 BTC).
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