Corporate Bitcoin accumulation continued over the weekend as two publicly traded companies disclosed additional purchases. Super League Enterprise bought 16 BTC for roughly $1.23 million between November 4 and November 9, while Strive added another 29 BTC for approximately $2.2 million, bringing its total holdings to 43,153 BTC.
Super League disclosed that its latest coins were acquired at an average price of $76,892.32 each. The purchase was twice the size of its previous eight-coin batch and brought its disclosed cumulative Bitcoin acquisitions since October to 31 BTC, with a calculated total cost of about $2.43 million, or $78,283.56 per coin. The company did not identify the funding source, name a custodian, or provide a consolidated balance in the filing.
The purchases are part of Super League's exploration of Bitcoin as a treasury asset alongside cash and cash equivalents. Its larger treasury plans remain tied to a proposed contribution from Metaplanet, which agreed in August to deliver 2,100 BTC and $2.5 million in cash through a US subsidiary in exchange for common shares, preferred shares, and warrants. Shareholders approved the transaction-related proposals in October, and the deal is expected to close in the fourth quarter subject to Nasdaq filings and other conditions. After closing, Super League is expected to become Superplanet and trade under the ticker SUPA.
Strive's latest acquisition was reportedly funded for $2.2 million, implying an estimated average price of about $75,862 per BTC. The addition is small relative to its existing position but reinforces its Bitcoin-focused treasury strategy. With 43,153 BTC, Strive would control approximately 0.21% of Bitcoin's maximum supply of 21 million coins, making it one of the more substantial corporate holders.
Institutional and corporate Bitcoin purchases often draw attention because they signal how publicly traded companies are incorporating digital assets into treasury management. The latest disclosures highlight continued accumulation even as entry prices fluctuate, though Bitcoin holdings expose companies to significant price volatility.