- Mega Matrix Inc. (MPU, Financial) approves Bitcoin and Ethereum as treasury reserve assets.
- Move aims to bolster long-term financial strategy while focusing on short drama streaming.
- CEO highlights cryptocurrencies as next-generation treasury assets for MPU.
Mega Matrix Inc. (MPU), a company focused on short drama streaming, has announced a significant shift in its financial strategy. On May 30, 2025, the company's Board of Directors approved the acquisition of Bitcoin and/or Ethereum as treasury reserve assets. This decision marks a strategic effort to enhance the company's long-term balance sheet positioning.
CEO Yucheng Hu emphasized the forward-looking approach, stating that these cryptocurrencies represent next-generation treasury assets. The move is expected to strengthen MPU's financial strategy while allowing the company to maintain its focus on its core business operations.
Mega Matrix Inc., through its subsidiary FlexTV, continues to operate as a short-video streaming platform. Despite this new direction in financial management, the company assures stakeholders that its primary focus remains on delivering engaging short drama content.
The decision to diversify into cryptocurrencies is indicative of a broader trend among businesses seeking to capitalize on the potential benefits of crypto holdings. However, it also exposes MPU (MPU, Financial) to the inherent volatility and regulatory uncertainties associated with the cryptocurrency market.
