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Mega Matrix Announces $3M ENA Token Acquisition As First Step In Stablecoin Governance DAT Strategy

Author: Benzinga Newsdesk | September 12, 2025 08:27am

Mega Matrix Inc. ("MPU" or the "Company") (NYSE:MPU) today announced its first strategic acquisition of approximately $3 million worth of ENA tokens based on the past 1D VWAP. The company purchased 3.86 million ENA tokens at the average cost of $0.7117 per token (inclusive of all fees and transaction costs) over the past two weeks. This transaction represents the initial implementation of its stablecoin governance token DAT strategy.

Posted In: MPU


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