According to Woofun AI, the US game advertising company Super League Enterprise (SLE.US) revealed the latest move to increase its holdings and purchased 16 BTC between November 4 and 9. This move marks a further encryption of its asset allocation as an entity under MetaPlanet that will soon be merged into the Tokyo Stock Exchange.
Details of the transaction showed that the average purchase price was approximately $76,892.32 each, and the use of funds was clearly defined as a reserve of financial assets along with cash and cash equivalents. Looking back at its position opening path, the company began with the initial purchase of 1 BTC on October 10, then added 2, 4, and 8, respectively, showing a strict multiplier rhythm.
According to data compiled by Woofun AI, based on the 8-K documents submitted to the SEC in the past 5 times, the cumulative purchase volume of the five disclosures reached 31 units (this figure is calculated by adding up the balance of positions not disclosed by the company), with a total cost of about US$2.43 million; the average price of a single batch of purchases dropped from US$83,041.40 to US$76,892.32 this time, and the cumulative average cost of the five purchases was approximately US$78,283.56 per piece.
It is worth noting that although MetaPlanet signed an agreement in August of this year that the wholly-owned subsidiary will inject 2,100 BTC and $2.5 million in cash at the time of delivery to acquire approximately 95.7% of Super League Enterprise's common shares, as of the documents submitted on November 9, the company name and stock code have not changed and remain the same. The acquisition involved 2,100 BTC from MetaPlanet's existing inventory and was not an additional market purchase.
As the resolution of the October 16 shareholders' meeting progresses, it is expected that the transaction will be settled in the fourth quarter. At that time, the company will change its name to Superplanet and the stock code will be changed to SUPA. This series of operations not only reflects the strategic transformation of traditional media business to crypto asset management, but also indicates that MetaPlanet's model of integrating overseas subsidiaries through existing BTC stocks is being implemented at an accelerated pace, providing a reference sample for more similar mergers and acquisitions in the future.