Metaplanet to take 93.7% stake in Super League through 2,100 BTC deal
Summary
Metaplanet has reached an agreement to acquire a majority stake in Super League in exchange for Bitcoin. This corporate transaction is designed to provide the firm with entry into United States capital markets to support future digital currency acquisitions through preferred stock sales.
The transaction would give Metaplanet access to US capital markets, where it plans to use preferred stock offerings to finance additional Bitcoin purchases.
Source: Read the full story at Cointelegraph.com News
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