Japanese bitcoin treasury company Metaplanet plans to acquire a 95.7% stake in Nasdaq-listed Super League Enterprise by investing $134.6 million, including 2,100 Bitcoin worth about $132.1 million and $2.5 million in cash. The company will rebrand Super League as Superplanet and trade under the ticker SUPA, gaining a U.S. bitcoin treasury platform and a direct public market presence. Metaplanet will appoint five of nine directors and retain Super League’s CEO Matthew Edelman to lead the new entity. The transaction is expected to close in Q4 2026, with Metaplanet having rights to invest an additional $210 million over 24 months through preferred stock offerings using bitcoin as collateral.
AMD CEO Lisa Su announced that the company's server revenue is projected to grow by more than 80% in the current half-year period. This growth estimate specifically excludes revenue from AMD's AI accelerator business, highlighting strong demand in ot...
Cypherpunk Technologies has activated the world's largest Zcash mining operation, backed by a $33.33 million equity investment from Winklevoss Capital. The mining fleet contributes about 18% of the total Zcash network hashrate and holds 1.92% of ZEC ...
Ademi LLP is investigating Weave's recent $650 million transaction with Francisco Partners for potential breaches of fiduciary duty and other legal violations. The merger agreement offers Weave stockholders $7.40 per share but includes terms that hea...
CK Hutchison Holdings reported a 7% year-on-year increase in normalized net income for the first half of 2026, driven by strong performance in its Ports and Energy segments. The company improved its financial health by reducing net borrowings by 44% ...
Enovix reported Q2 results slightly above expectations but continues to face challenges with cash burn and low manufacturing yields in Malaysia. The company’s smartphone battery qualification with lead customer Honor is still in progress. After CEO R...
