---
title: "Super League stockholders approve Metaplanet's 2,100 BTC investment and Nasdaq rename"
description: "Bitcoin Magazine reports that Super League stockholders approved all proposals tied to Metaplanet's 2,100 BTC investment, clearing the way for the Nasdaq-listed firm to be renamed Superplanet as Metaplanet's U.S. Bitcoin treasury vehicle. Metaplanet will contribute 2,100 Bitcoin and $2.5 million in…"
language: en
canonical: "https://whycoinmoves.com/en/events/bitcoin-super-league-stockholders-approve-metaplanet-1d330ce3441090"
published: 2026-10-20T08:59:14.000Z
updated: 2026-10-20T10:16:02.000Z
indexable: false
---

# Super League stockholders approve Metaplanet's 2,100 BTC investment and Nasdaq rename

Bitcoin Magazine reports that Super League stockholders approved all proposals tied to Metaplanet's 2,100 BTC investment, clearing the way for the Nasdaq-listed firm to be renamed Superplanet as Metaplanet's U.S. Bitcoin treasury vehicle. Metaplanet will contribute 2,100 Bitcoin and $2.5 million in…

Attributed sources: [Bitcoin Magazine](<https://bitcoinmagazine.com/news/metaplanet-super-league-deal-approved>)

## Key facts

Bitcoin Magazine reports that Super League stockholders approved all proposals tied to Metaplanet's 2,100 BTC investment, clearing the way for the Nasdaq-listed firm to be renamed Superplanet as Metaplanet's U.S. Bitcoin treasury vehicle. Metaplanet will contribute 2,100 Bitcoin and $2.5 million in cash through a U.S. subsidiary for 44,859,400 shares at $3.00 per share, plus preferred stock and warrants. Closing is expected in the fourth quarter of 2026.
Evidence strength: Single source, 1 publisher group(s) (Bitcoin Magazine); this describes source coverage, not truth or causation.
After site detection, observed returns were 5 minutes: -0.09% (20/10/2026, 08:59 → 20/10/2026, 09:04, UTC; OKX · USDT); 1 hour: -0.07% (20/10/2026, 08:59 → 20/10/2026, 09:59, UTC; OKX · USDT). Unlisted windows are unavailable.
In the preceding 30 days, the 99th percentile of absolute hourly returns was 1.23% (OKX · USDT; cutoff 20/10/2026, 08:59, UTC). This hourly baseline is not directly comparable with a minute move.

## Returns after site detection

| Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source |
| --- | --- | --- | --- | --- | --- |
| 5 minutes | -0.09% | -0.09% | 0.00 pp | 20/10/2026, 08:59 → 20/10/2026, 09:04 | OKX · USDT |
| 1 hour | -0.07% | -0.07% | 0.00 pp | 20/10/2026, 08:59 → 20/10/2026, 09:59 | OKX · USDT |
| 24 hours | — | — | — | — | — |

## Historical hourly baseline

| Metric | Value |
| --- | --- |
| Ready | true |
| Coverage | 100.0% (720/720) |
| Median absolute hourly return | 0.15% |
| 99th percentile of absolute hourly returns | 1.23% |
| BTC beta | 1.00 |
| Source / cutoff (UTC) | OKX · USDT / 20/10/2026, 08:59 |

## Claims and open questions

- Super League stockholders approved all proposals tied to Metaplanet's 2,100 BTC investment, including issuance of common stock and warrants and the corporate name change, according to Bitcoin Magazine.
- Metaplanet will contribute 2,100 Bitcoin and $2.5 million in cash through Metaplanet Holdings for 44,859,400 shares at $3.00 per share, along with preferred stock and warrants, per the reported definitive agreement.
- Stockholders approved increasing authorized preferred shares from 10 million to 100 million, and Metaplanet held 43,000 BTC as of August 18, according to the report.
- What specific exceptions, if any, apply to the restrictions on Metaplanet disposing of its Super League equity after closing; Super League's announcement reportedly did not detail them.
- Whether the Nasdaq Capital Market filings and remaining customary closing conditions will be satisfied for a fourth-quarter 2026 close, which would be confirmed by an official closing announcement or regulatory filing.
- The final ownership percentage and share count after preferred stock and warrants are issued, which would be confirmed by a securities filing.

## Source evidence

- [Super League Stockholders Approve Metaplanet’s 2,100 BTC Investment, Paving Way for ‘Superplanet’](<https://bitcoinmagazine.com/news/metaplanet-super-league-deal-approved>) — Bitcoin Magazine; published 19/10/2026, 19:32; received 20/10/2026, 08:59 (UTC).


## Recent BTC events and market reactions

- [Chinese court accepts prosecutors' bid to confiscate Bitcoin seized in UK](<https://whycoinmoves.com/en/events/bitcoin-china-seeks-seize-61-800-4164ce7516a9b9>) — Published 22/10/2026, 06:24 (UTC) · Multiple publishers (3 publishers) · General news · 5m -0.02% / 1h -0.41% / 24h -0.94%
- [US spot Bitcoin ETFs take in about $1.07 billion over three sessions](<https://whycoinmoves.com/en/events/bitcoin-bitcoin-etfs-attract-1-08-7421d6e582dfce>) — Published 22/10/2026, 04:41 (UTC) · Multiple publishers (3 publishers) · Market watch · 5m +0.05% / 1h +0.07% / 24h -1.31%
- [Bitcoin slips below $82K after Tesla and Meta results unsettle tech markets](<https://whycoinmoves.com/en/events/bitcoin-bitcoin-gives-back-its-run-c5768e2dae0af9>) — Published 22/10/2026, 03:51 (UTC) · Multiple publishers (2 publishers) · Market watch · 5m +0.13% / 1h +0.04% / 24h -1.04%
- [Bitcoin rises above $84,500 as SpaceX earnings lift tech stocks](<https://whycoinmoves.com/en/events/bitcoin-bitcoin-price-tags-84-6k-05c44eaec33a33>) — Published 21/10/2026, 15:13 (UTC) · Multiple publishers (2 publishers) · Market watch · 5m +0.15% / 1h +0.25%
- [SpaceX and Tesla boards weigh merger that would combine 30,221 bitcoin](<https://whycoinmoves.com/en/events/bitcoin-spacex-tesla-explore-merger-that-f4a3acbe34b194>) — Published 21/10/2026, 09:23 (UTC) · Multiple publishers (2 publishers) · General news · 5m +0.08% / 1h -0.21% / 24h -2.08%
- [Full coin archive](<https://whycoinmoves.com/en/coins/bitcoin>)

## Research for this archive

- [Altcoin beta to Bitcoin: BTC, ETH, SOL and DOGE hourly returns](<https://whycoinmoves.com/en/research/hourly-returns-and-bitcoin-beta.md>)
- [Perpetual funding rates and annualized yield: a 2025 comparison](<https://whycoinmoves.com/en/research/funding-rates-versus-investor-returns.md>)
- [Bitcoin halving and bull markets: evidence from four halvings](<https://whycoinmoves.com/en/research/bitcoin-halving-and-market-cycles.md>)
- [Bittensor (TAO): Bitcoin beta, volatility and the AI crypto narrative](<https://whycoinmoves.com/en/research/tao-bitcoin-risk-and-ai-narrative.md>)

[Methods and limitations](<https://whycoinmoves.com/en/methodology>)
Publisher count is not independent evidence count. Price changes cannot verify news or prove causation.
