Mega Matrix purchases an additional 8.46 million ENA tokens... worth about $6 million
Summary
- Mega Matrix said it added approximately $3 million worth of ENA tokens over the past week.
- It said cumulative acquisitions are about $6 million, securing a total of 8.46 million ENA tokens at an average price of $0.7165.
- Management emphasized it will continue weekly accumulation to strengthen the stablecoin governance token reserve (DAT) strategy.
Singapore-headquartered Mega Matrix has made large additional purchases of Etena (ENA) tokens to strengthen its Data Treasury (DAT) strategy for stablecoin governance tokens.
On the 18th (local time), Mega Matrix announced that it had purchased approximately $3 million worth of ENA tokens over the past week, bringing cumulative acquisitions to about $6 million. It secured a total of 8.46 million ENA tokens at an average price of $0.7165.
Mega Matrix's management emphasized, "Since the launch of the DAT strategy, we have steadily increased our ENA holdings," adding, "depending on market conditions, we will continue weekly accumulation to build an optimal treasury for stablecoin governance tokens."
Mega Matrix is a holding company listed on the NYSE American and is expanding its Data Treasury (DAT) reserve strategy for stablecoin governance tokens as a core business pillar. At the same time, through its subsidiary Yuder Pte, Ltd., it is also operating the short-form video streaming platform 'FlexTV' and a short drama production business.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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