Mega Matrix (MPU) announced its first strategic acquisition of approximately $3M worth of ENA tokens based on the past 1D VWAP. The company purchased 3.86M ENA tokens at the average cost of $0.7117 per token over the past two weeks. This transaction represents the initial implementation of its stablecoin governance token DAT strategy.
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Read More on MPU:
- Mega Matrix Files $2 Billion Shelf Registration Amid Strategic Shift
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- Mega Matrix Inc. Shifts Focus to Stablecoin Governance Tokens
- Mega Matrix to focus on stablecoin governance with Ethena’s token
