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Mega Matrix Announces First Purchase Of 12 BTC For Its Bitcoin Treasury Strategy
Mega Matrix Inc., a Singapore based mostly holding firm that operates the FlexTV streaming platform, introduced at present its first Bitcoin buy as half of a new treasury technique. The firm acquired 12 Bitcoin at an common worth of roughly $105,554 per coin, including all charges and bills.
JUST IN:
Mega Matrix Inc. proclaims their first buy of 12 BTC as half of their (*12*)#bitcoin treasury technique. pic.twitter.com/u6vaEBtc7o
— NLNico (@btcNLNico) June 25, 2025
The buy, accomplished at the finish of May 2025, represents Mega Matrix’s entry into the rising pattern of company Bitcoin adoption. The firm joins a checklist of publicly traded companies that have allotted parts of their treasury reserves to Bitcoin as a hedge against inflation and foreign money debasement.
“Our acquisition of Bitcoins is an execution of our strategic decision to adopt BTC as a treasury reserve asset, reinforcing our commitment to diversification and value creation,” stated Yucheng Hu, Chief Executive Officer of Mega Matrix Inc.
The timing of the buy coincides with Bitcoin worth at 108,000 as of at present, June 25, 2025, indicating the firm’s confidence in the digital asset’s long run worth. At the reported common buy worth, Mega Matrix invested roughly $1.27 million in Bitcoin for its treasury allocation.
Mega Matrix operates through its subsidiary Yuder Pte Ltd., which runs FlexTV, a short-video streaming platform specializing in quick drama content material. The Cayman Islands-incorporated firm is headquartered in Singapore and has been increasing its digital leisure choices.
The firm’s forward-looking statements acknowledge Bitcoin’s volatility. Mega Matrix famous that its means to buy Bitcoin at desired costs and acquire future financing for continued Bitcoin acquisitions stays topic to market circumstances and regulatory components.
This Bitcoin buy marks Mega Matrix’s first foray into Bitcoin treasury administration, following a company pattern that has seen corporations from Strategy to Tesla add Bitcoin to their steadiness sheets. This transfer for Mega Matrix indicators the firm’s perception that Bitcoin can serve as a retailer of worth and hedge against conventional monetary market volatility.
As more corporations discover Bitcoin treasury methods, Mega Matrix’s entry into the area demonstrates how companies across varied sectors are contemplating Bitcoin as a legit treasury asset. The firm has indicated that Bitcoin purchases may proceed as half of its ongoing treasury reserve technique.
The firm expects to present updates on future Bitcoin acquisitions in upcoming quarterly experiences as they proceed their journey in the digital asset area.
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