Mega Matrix Inc. (“MPU” or the “Company”) (NYSE American: MPU), today announced that the Company’s Board of Directors approved the purchase of Bitcoin and/or Ethereum to hold as a treasury reserve asset.
Yucheng Hu, Chief Executive Officer of MPU, commented, “Bitcoin and Ethereum represent next-generation treasury assets that enhance our financial strategy. While remaining focused on our core short drama streaming business, we believe this move strengthens our long-term balance sheet positioning.”
