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Super League Enterprise buys 16 Bitcoin for $1.2 million, lifting treasury to 31 BTC

U.S. publicly traded company Super League Enterprise has purchased 16 Bitcoin for approximately $1.2 million during a market dip, expanding its corporate reserves to 31 BTC ahead of an upcoming deal with Metaplanet.

A white Bitcoin symbol centered on an orange background.
Image: @cryptodotnews

U.S. publicly traded company Super League Enterprise has added 16 BTC to its corporate treasury, spending approximately $1.2 million to acquire the cryptocurrency during a market dip, according to reports from Bitcoin Magazine and crypto.news.[2][3]

The transaction expands the company's total Bitcoin holdings to 31 BTC, Crypto Briefing reported. The outlet noted that the acquisition comes ahead of a deal with Metaplanet.[1]

Key facts

  • Super League Enterprise acquired 16 BTC for approximately $1.2 million during a market dip.
  • The Bitcoin purchase was allocated to Super League Enterprise's corporate treasury.
  • The purchase increases Super League Enterprise's total Bitcoin holdings to 31 BTC.
  • The acquisition comes ahead of an upcoming deal with Metaplanet.

Sources 路 3 sources

  1. CB

    Crypto BriefingArticle 路

    Super League buys 16 more Bitcoin, lifting its stack to 31 BTC ahead of Metaplanet deal Super League's Bitcoin acquisition strategy signals a shift towards becoming a major player in the crypto market, impacting shareholder dynamics. The post Super League buys 16 more Bitcoin, lifting its stack to 31 BTC ahead of Metaplanet deal appeared first on Crypto Briefing .

    Open source
  2. BM

    Bitcoin Magazine@BitcoinMagazinePost on X 路

    JUST IN: 馃嚭馃嚫 Public company Super League Enterprise bought 16 BTC for worth $1.2 million for its treasury during this dip! 馃殌 https://t.co/a5sYRpjVxe

    Open source
  3. CN

    crypto.news@cryptodotnewsPost on X 路

    LATEST: Super League Enterprise has added 16 BTC to its corporate treasury The publicly traded company spent approximately $1.2 million acquiring Bitcoin during the market dip. https://t.co/yKknDSms3E

    Open source