Super League secures $2.3M through first ATM offering

Super League sold 475,598 shares for $2.23 million through its first ATM offering and added another $2.27 million of stock-sale capacity.

• Super League has raised approximately $2.23 million through its first at-the-market (ATM) stock offering, with an additional $2.27 million capacity available.
• This offering is part of a larger deal where Super League will become Metaplanet's U.S. Bitcoin treasury platform, with Metaplanet contributing 2,100 BTC and $2.5 million.
• The transaction, expected to close in Q4 2026, will result in Super League being renamed Superplanet and will provide U.S. investors with Nasdaq-listed Bitcoin exposure.

Topics: Institutional adoption, Asset types, Public market access, Asset manager initiatives, Financial instruments, Bitcoin etf

Tags: #superleague #metaplanet #bitcointreasury #atmoffering #stocksale #nasdaq #superplanet #corporatefinance #digitalassets

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Nasdaq-Listed Zhibao Wants a Bitcoin Treasury, Plans to Sell $220M in Stock for BTC

A Shanghai-based insurance-tech company trading below $1 wants to build a bitcoin treasury by taking BTC directly as payment for new shares.

• Nasdaq-listed Zhibao Technology plans to sell $220 million in stock for approximately 3,500 Bitcoin, effectively establishing a Bitcoin treasury.
• The deal involves a PIPE financing where a buyer, Joyertech, will pay in Bitcoin and gain control of Zhibao, while Zhibao's current management will oversee operations temporarily.
• This move follows a trend of companies adding Bitcoin to their balance sheets, though the article notes the inherent uncertainties and risks associated with such transactions, including regulatory compliance and potential shifts in control.

Topics: Asset types, Institutional adoption, Public market, Alternative assets, Asset manager initiatives, Stock equity tokenization

Tags: #bitcointreasury #zhibaotechnology #pipefinancing #joyertech #nasdaq #stocksale #digitalinsurance #insurtech #bitcoinpayment #corporatetreasury

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