After Bitcoin and Ethereum, Mega Matrix Bets $2B on ENA as Next Treasury Asset
NEW YORK, Sept. 12, 2025 /PRNewswire/ -- Mega Matrix (NYSE: MPU) has filed a $2 billion universal shelf registration with the U.S. Securities and Exchange Commission (SEC) to advance its Digital Asset Treasury (DAT) strategy. With this move, MPU becomes the first U.S.-listed company to anchor its corporate treasury on ENA — the governance token of stablecoin USDe. Industry observers see the decision as the next chapter in the evolution of corporate digital asset treasuries — from MicroStrategy's pioneering Bitcoin strategy, to Ethereum and other protocol based models, and now MPU's next-generation bet on ENA.
