Super League buys first BTC ahead of Metaplanet’s 2,100 BTC investment

Nasdaq-listed Super League bought its first BTC for $83,041.40 on Oct. 10, according to Crypto Briefing, which cited an SEC Form 8-K filing disclosed by the company on Oct. 13. The company said it is considering Bitcoin as a treasury asset to hold alongside cash, but it has not made an official announcement confirming a broader purchase plan. In August, Super League signed an investment agreement with Metaplanet, a Japan-listed company focused on a Bitcoin accumulation strategy, tied to the launch of U.S. Bitcoin treasury platform Superplanet. Once the third-party allotment capital increase is completed, Super League will change its name to Superplanet, Inc., while Metaplanet will secure about 95.7% of Superplanet’s issued shares and consolidate it as a subsidiary. Media coverage said Super League’s purchase of 1 BTC before receiving the 2,100 BTC appears intended to prepare custody and accounting processes.