Metaplanet's board resolved on August 18, 2026 to take control of Super League Enterprise, Inc. (SLE), a Nasdaq-listed company, paying with cryptocurrency rather than a conventional cash offer. The Tokyo-listed company's wholly owned US subsidiary, Metaplanet Holdings, Inc., will contribute 2,100 Bitcoin and $2.5 million in cash to SLE in exchange for common stock and a new class of Strategic Alliance Preferred Stock.
Once the deal closes, Metaplanet Holdings will hold 44,859,400 voting rights in SLE, equal to 95.7% of the total, all held indirectly through the Delaware-incorporated holding company. The preferred stock also carries the right to nominate a majority of SLE's board, and SLE will become a consolidated, specified subsidiary of Metaplanet under Japanese disclosure rules.
SLE currently runs an advertising, media and content-publishing business built around immersive digital platforms, based in Santa Monica, California, and led by chief executive Matt Edelman. At closing, the company will be renamed Superplanet, Inc. and is set to launch a Bitcoin treasury business, extending Metaplanet's own strategy of holding bitcoin on its balance sheet to a US-listed affiliate.
The transaction is not yet done. It depends on approval from SLE's own shareholders and on other conditions written into the deal agreement, and Metaplanet expects closing in the fourth quarter of 2026, a target the filing says could still shift.
On the same day, Metaplanet filed routine amendments to two existing shelf registrations, covering its Class A and Class B preferred stock programs worth up to ¥277.5bn each, simply to attach the new extraordinary report as a reference document. That paperwork changes nothing about the terms of the SLE deal itself; the substance sits in the board's own account of the bitcoin-and-cash transaction, not in the registration housekeeping that followed it.