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      Metaplanet Moves Closer to U.S. Takeover as Super League Shareholders Approve 2,100 BTC Deal Super...

      Metaplanet Moves Closer to U.S. Takeover as Super League Shareholders Approve 2,100 BTC Deal Super League shareholders approved Metaplanet’s planned investment, including the issuance of shares and warrants and the rebranding to Superplanet. At closing, Metaplanet is expected to contribute 2,100 BTC and $2.5 million in cash and would own about 93.7% of the company’s common stock. Superplanet is intended to serve as Metaplanet’s U.S.-listed Bitcoin treasury platform, while related warrants could provide up to roughly $3.4 billion in additional equity capital.

      Source: Wu Blockchain
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud