U.S. Stock Futures Extend Gains, Surge Up to 90% Pre-market

BlockBeats News, August 18th, according to the market data from BIT (Bit.com), the pre-market trading price of the US metaverse company Super League once surged by 90%, and the gain has now retreated to 70%.

On the news front, Metaplanet will inject 2,100 BTC, worth about $132 million, into the Nasdaq-listed company Super League (SLE), and provide an additional $2.5 million in cash. Super League will be renamed "Superplanet," and the stock ticker symbol is set to change to SUPA.

Upon completion of the transaction, Metaplanet is expected to hold approximately 95.7% of Superplanet's shares, creating a publicly traded Bitcoin treasury platform in the United States to leverage the US capital markets for funding.