Mega Matrix Inc. is a Singapore-based holding company which operates the FlexTV platform. announced today Its first Bitcoin purchase was part of the new treasury strategies. The company bought 12 Bitcoin for an average price per coin of about $105,554, including fees and costs.
Mega Matrix joins the trend for corporate Bitcoin adoption with this purchase. It will be completed by the end of 2025. Joining a list Publicly traded companies have allocated part of their Treasury Reserves to Bitcoin, as a hedge from inflation and devaluation of currency.
“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,” Yucheng Hu is the Chief executive officer of Mega Matrix Inc.
When you buy, it is important to consider the timing. Bitcoin price At 108,000 today, on June 25, 2025. It shows the confidence of the company in the long-term value of this digital asset. Mega Matrix, at the average reported purchase price of Bitcoin, invested around $1.27million in Bitcoin as part of its Treasury allocation.
Mega Matrix is operated by its Singapore-based subsidiary Yuder Pte Ltd. which operates FlexTV, an online streaming service that specializes in drama shorts. Singapore is the headquarters of this Cayman Islands company. It has recently expanded its digital offerings.
Bitcoin volatility is acknowledged in the company’s statements. Mega Matrix stated that it is dependent on market and regulatory conditions to be able to continue to acquire Bitcoins at the desired price and to obtain financing to do so.
You can also find out more about this by clicking here. Bitcoin purchase Mega Matrix is the first company to enter into Bitcoin Treasury Management. This follows a trend in corporate balance sheet additions that have seen firms from Strategy to Tesla. Mega Matrix is making this move because it believes that Bitcoin will serve as an alternative to traditional financial markets and a way of storing value.
Mega Matrix is a good example of how many companies are exploring Bitcoin treasury strategy. It has been stated that Bitcoin may be purchased as a part of the ongoing strategy for treasury reserves.
As they move forward in their digital assets journey, the company plans to update its quarterly reports with future Bitcoin purchases.
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Source: bitcoinmagazine.com
