Mega Matrix Corp Stock Price, News & Analysis

Mega Matrix (NYSE American: MPU) has announced a strategic update to its Digital Asset Treasury (DAT) strategy, transitioning from a single-asset focus on Ethena's governance token (ENA) to a diversified basket of leading stablecoins and their governance tokens.

The new strategy implements a "dual-engine" model comprising: 1) Stable Yield through holding stablecoins and deploying them in low-risk DeFi strategies, and 2) Growth Potential via allocation to governance tokens of leading stablecoin protocols. The company will focus on multiple ecosystems including USDe/USDtb, USDS/DAI, USDH, USDF, and USST, positioning MPU as one of the first U.S.-listed firms to anchor its treasury on a diversified stablecoin ecosystem.

Mega Matrix (NYSE American: MPU) has announced a significant expansion of its stablecoin governance tokens strategy through the acquisition of $6 million worth of ENA tokens. The company purchased 8.46 million ENA tokens at an average price of $0.7165 per token, with $3 million of the total acquisition completed in the past week.

This strategic move reinforces MPU's Stablecoin Governance Token Treasury Reserve (DAT) strategy, with management indicating plans for continued weekly token accumulations based on market conditions. The company aims to establish itself as a leading treasury reserve for stablecoin governance tokens.

Mega Matrix (NYSE:MPU) has filed a groundbreaking $2 billion universal shelf registration with the SEC to implement its Digital Asset Treasury (DAT) strategy, focusing on ENA, the governance token of stablecoin USDe. This marks MPU as the first U.S.-listed company to center its corporate treasury on ENA.

USDe has emerged as the world's third-largest stablecoin, with its market cap growing over 200% since August 2024. The strategy leverages both yield potential from USDe's expansion and ENA's token price appreciation. Industry forecasts project the stablecoin market to reach between $1.2-4 trillion by 2028-2035, while MPU's internal analysis suggests potential growth to $10 trillion.

USDe has demonstrated remarkable growth, generating $100 million in revenue within 250 days and reaching $10 billion in circulation in 500 days, positioning ENA as a strategic treasury asset.

Mega Matrix (NYSE American: MPU) has announced its first strategic purchase of $3 million worth of ENA tokens as part of implementing its Stablecoin Governance Token Treasury Reserve (DAT) strategy. The company acquired 3.86 million ENA tokens at an average cost of $0.7117 per token over a two-week period.

MPU's management has indicated plans to continue accumulating ENA tokens on a weekly basis, subject to market conditions, as they work towards establishing a premier treasury reserve for stablecoin governance tokens.

Mega Matrix Inc. (NYSE American: MPU) announced its participation in the 27th Annual H.C. Wainwright Global Investment Conference in New York City from September 8-10, 2025. As the leading publicly listed company implementing a stablecoin governance token strategy, MPU will showcase its recently launched DAT (stablecoin governance tokens treasury reserve) strategy and discuss its position in the crypto ecosystem.

During the conference, management will engage in one-on-one meetings and sessions to present the company's strategic roadmap and business progress. MPU aims to advance secure and efficient governance infrastructure for stablecoins through its subsidiary Yuder Pte, Ltd., which also operates FlexTV, a short-video streaming platform.

Mega Matrix Inc. (NYSE American: MPU) has filed a $2 billion universal shelf registration statement on Form F-3 with the SEC to advance its stablecoin governance token (DAT) strategy. The filing will enable MPU to offer various securities including Class A ordinary shares, preferred shares, debt securities, warrants, and units, subject to market conditions and SEC approval.

The company aims to become the largest stablecoin governance token DAT company, with Ethena's governance token $ENA identified as a primary target. This strategic move will allow MPU to systematically accumulate leading stablecoin governance tokens, gaining both financial upside and influence in the stablecoin ecosystem.

Mega Matrix Inc. (NYSE American: MPU) has announced its strategic focus on stablecoin governance token treasury reserve, primarily targeting Ethena's governance token (ENA) under its digital asset treasury (DAT) strategy. The company aims to participate in the governance of leading stablecoin ecosystems through strategic token holdings.

Ethena's stablecoin USDe is currently the third-largest stablecoin by circulating supply, following Tether and Circle. The stablecoin has achieved remarkable growth, surpassing $10 billion market supply in 500 days. According to a 2025 Standard Chartered report, the stablecoin market could expand to $2 trillion by 2028.

Mega Matrix (NYSE American: MPU) has successfully completed a $16 million private placement to fund its strategic expansion into the stablecoin sector. The company issued 16 million Class A ordinary shares at $1.00 per share to qualified institutional and accredited investors, primarily crypto funds and industry professionals, with a 6-month lock-up period.

The proceeds will be used to develop a stablecoin asset allocation system and on-chain yield mechanisms, focusing on corporate treasury strategies based on stablecoins and governance tokens. The company is currently in discussions with leading stablecoin issuers to initiate allocations of mainstream stablecoins and governance tokens.

Mega Matrix (NYSE American: MPU) announced two strategic initiatives: the reinstatement of its Ethereum staking business and the appointment of Yaman Demir as Executive Director. The company has purchased 40 ETH at $2,462 per ETH and plans to conduct solo staking through institutional-grade providers like Coinbase.

The ETH staking business, which was originally launched in 2022 but suspended in 2024 due to regulatory uncertainty, will now be restarted following recent regulatory clarity. All ETH assets will be secured with established custodians, including Coinbase Custodian and Cactus Wallet.

Mr. Demir, appointed on June 27, 2025, brings extensive experience as a digital asset investor with successful exits across over 20 crypto projects.