Mega Matrix purchases $6 million in ENA tokens for stablecoin strategy

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

September 19, 2025 8:20 AM EDT

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... More