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Metaplanet plans to buy a Nasdaq-listed company to manage its Bitcoin stash.

DealRead the original at Benzinga
Good for SLE

SLE stockholders approved a deal to receive 2,100 Bitcoin, valued at about $132 million, and $2.5 million cash. That would give it new assets, though closing is still expected later in 2026.

SLE · Super League Enterprise, Inc.

AI read · Good for SLE

The AI's read

This would shift SLE toward holding Bitcoin for Metaplanet's U.S. operations and give it cash as well. The benefit depends on a deal that has not closed, but shareholders have approved the proposals.

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