Mega Matrix Inc. Board of Directors Approves Bitcoin | Crypto Work Pro
SINGAPORE, May 30, 2025 /PRNewswire/ — Mega Matrix Inc. (“MPU” or the “Company”) (NYSE American: MPU), right this moment introduced that the Company’s Board of Directors accepted the acquisition of Bitcoin and/or Ethereum to carry 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.”
About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, by means of Yuder Pte, Ltd., an oblique wholly owned subsidiary of the Company. Mega Matrix Inc. is a Cayman Islands company headquartered in Singapore. For more data, please contact data@megamatrix.io or go to: http://www.megamatrix.io.
Forward-Looking Statements
This press release incorporates forward-looking statements within the which means of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements on this press release different than statements which might be purely historic are ahead wanting statements. When used on this press release, the phrases “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose,” and variations of these phrases or related expressions (or the detrimental variations of such phrases or expressions) are supposed to establish forward-looking statements. These forward-looking statements should not ensures for future efficiency, circumstances or outcomes, and contain a quantity of recognized and unknown dangers, uncertainties, assumptions and different important elements, many of that are outdoors the Company’s control, that would trigger precise outcomes or outcomes to vary materially from these mentioned within the forward-looking statements. Important elements, amongst others, are: the flexibility to handle growth; skill to establish and combine future acquisitions; skill to grow and develop our FlexTV business; skill to buy Bitcoin or Ethereum on the price that we wish; skill to acquire extra financing sooner or later to fund capital expenditures and our Bitcoin/Ethereum treasury reserve strategy; fluctuations on the whole financial and business circumstances; prices or different elements adversely affecting the Company’s profitability; litigation involving patents, mental property, and different issues; potential modifications within the legislative and regulatory atmosphere; a pandemic or epidemic; the chance that the Company could not reach developing its new traces of companies as a consequence of, amongst different issues, modifications within the business atmosphere, competitors, modifications in regulation, or different financial and coverage elements; and the chance that the Company’s new traces of business could also be adversely affected by different financial, business, and/or aggressive elements. The forward-looking statements on this press release and the Company’s future outcomes of operations are subject to extra dangers and uncertainties set forth underneath the heading “Risk Factors” in paperwork filed by the Company with the Securities and Exchange Commission (“SEC”), together with the Company’s newest annual report on Form 20-F, filed with the SEC on March 28, 2025, and are based mostly on data out there to the Company on the date hereof. In addition, such dangers and uncertainties embody the inherent dangers with investing in Bitcoin and/or Ethereum, together with Bitcoin‘s and Ethereum‘s volatility; and risk of implementing a new treasury strategy. The Company undertakes no obligation to replace or revise any forward-looking statements, whether or not as a end result of new data, future occasions or in any other case, besides as required by relevant law. Readers are cautioned to not place undue reliance on forward-looking statements, which converse solely as of the date of this press release.
Disclosure Channels
We announce materials details about the Company and its providers and for complying with our disclosure obligation underneath Regulation FD by way of the next social media channels:
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X (f/okay/a Twitter): |
twitter.com/MegaMatrixMPU |
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Facebook: |
fb.com/megamatrixmpu fb.com/flextvus |
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LinkedIn: |
linkedin.com/company/megamatrixmpu |
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TikTok: |
tiktok.com/@flextv_english |
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YouTube: |
youtube.com/@FlexTV_English |
The Company may even use its touchdown web page on its company web site (www.megamatrix.io) to host social media disclosures and/or hyperlinks to/from such disclosures. The data we post by means of these social media channels could also be deemed materials. Accordingly, traders ought to monitor these social media channels along with following our web site, press releases, SEC filings and public convention calls and webcasts. The social media channels that we intend to make use of as a means of disclosing the data described above could also be up to date from time to time as listed on our web site.
For inquiries, please contact: Info@megamatrix.io
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SOURCE Mega Matrix Inc.
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