Mega Matrix Inc. Announces Accumulated $6 million ENA tokens Purchase, Reinforcing its Stablecoin Governance Tokens DAT Strategy

Rhea-AI Summary

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.

Positive

• Strategic acquisition of $6 million worth of ENA tokens at $0.7165 per token
• Recent $3 million purchase completed in the past week shows active implementation of strategy
• Commitment to continued weekly token accumulations demonstrates long-term investment approach

Negative

• Significant capital allocation to volatile crypto assets may pose investment risks
• Heavy concentration in stablecoin governance tokens could impact portfolio diversification

SINGAPORE, Sept. 19, 2025 /PRNewswire/ -- Mega Matrix Inc. ("MPU" or the "Company") (NYSE American: MPU) today announced its accumulated strategic acquisition of approximately $6 million worth of ENA tokens based on the past 1D VWAP,  including the recent $3 million purchase executed over the past week. The company acquired 8.46 million ENA tokens at an average cost of $0.7165 per token (inclusive of all fees and transaction costs). The continued purchases strengthen MPU's growing position in its stablecoin governance tokens DAT strategy.

The management of MPU, commented, "Following our launch of MPU's Stablecoin Governance Token Treasury Reserve (DAT) strategy, we have further expanded our holdings of $ENA and will continue executing weekly accumulations based on market conditions, strengthening our commitment to building the premier treasury reserve for stablecoin governance tokens."

About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU), a holding company headquartered in Singapore is executing its strategic expansion into the stablecoin governance tokens treasury reserve("DAT") strategy and operates FlexTV, a short-video streaming platform and producer of short dramas, through Yuder Pte, Ltd., an indirect wholly owned subsidiary of the Company. For more information, please contact info@megamatrix.io or visit http://www.megamatrix.io.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are the: ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to purchase stablecoin governance tokens, Bitcoin or Ethereum at the price that we want; ability to reinitiate the ETH staking business, ability to implement the strategic expansion into the stablecoin sector, ability to implement the new business strategy with a focus on stablecoin governance token and ability to create value; the regulatory volatility on stablecoins and governance tokens; ability to obtain additional financing in the future to fund capital expenditures and our digital asset treasury ("DAT") reserve strategy and ability to create value; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company's profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company's new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company's future results of operations are subject to additional risks and uncertainties set forth under the heading "Risk Factors" in documents filed by the Company with the Securities and Exchange Commission ("SEC"), including the Company's latest annual report on Form 20-F, filed with the SEC on March 28, 2025, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the inherent risks with investing in ENA token, Bitcoin and/or Ethereum, including ENA token's,  Bitcoin's and Ethereum's volatility; and risk of implementing a new DAT strategy focusing on ENA token. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Disclosure Channels

We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:

X (f/k/a Twitter): twitter.com/MegaMatrixMPU
Facebook: facebook.com/megamatrixmpu
LinkedIn: linkedin.com/company/megamatrixmpu

The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website.

For inquiries, please contact: Info@megamatrix.io 

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SOURCE Mega Matrix Inc.

FAQ

How many ENA tokens did Mega Matrix (MPU) purchase in total?

Mega Matrix purchased 8.46 million ENA tokens at an average cost of $0.7165 per token, totaling approximately $6 million.

What is MPU's DAT strategy?

MPU's DAT (Stablecoin Governance Token Treasury Reserve) strategy focuses on building a premier treasury reserve for stablecoin governance tokens through regular token acquisitions.

How much did Mega Matrix (MPU) spend on ENA tokens in the past week?

Mega Matrix spent $3 million on ENA tokens in the past week, as part of their total $6 million accumulation.

What is Mega Matrix's (MPU) plan for future ENA token purchases?

Mega Matrix plans to continue weekly accumulations of ENA tokens based on market conditions, as part of their stablecoin governance tokens strategy.

What was the average purchase price for MPU's ENA token acquisition?

The average purchase price was $0.7165 per ENA token, inclusive of all fees and transaction costs.