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Super League shareholders approve Metaplanet deal with 2,100 BTC and $2.5M for shares and renaming.

Market News
19 Oct 2026
Tokenpost
View Source
Bullish
Super League shareholders approve Metaplanet deal with 2,100 BTC and $2.5M for shares and renaming.

Super League shareholders approved a deal where Metaplanet will contribute 2,100 Bitcoin and $2.5 million in cash at closing. In exchange, Metaplanet will receive about 44.86 million common shares, strategic alliance preferred shares, and warrants, with a five-year lock-up period. After closing, Super League will be renamed Superplanet and its ticker will change from SLE to SUPA. Metaplanet also gains the option to invest up to an additional $210 million through preferred stock subscriptions within 24 months, creating a U.S.-listed Bitcoin treasury platform.

The Super League shareholders' approval of the Metaplanet Bitcoin deal provides context for cryptocurrency market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 19, 2026 22:31 WIB: out of 50 major cryptocurrencies, 41 rose and 8 fell today. Bitcoin Cash (BCH) traded at Rp5.033.152 with a 3.85% gain and a typical hold time of 69 days, contrasting with Tezos (XTZ) at Rp5.477, up 3.63% with a 100-day hold time and strong buy interest (84% buy orders). The Graph (GRT) was priced at Rp433, rising 3.54% but showing predominantly sell orders (90% sell).

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