TechFlow, September 19 — According to Prnewswire, publicly traded company Mega Matrix (NYSE American: MPU) announced today that it has cumulatively purchased $6 million worth of ENA tokens at an average price of $0.7165 per token (including all fees). Of this amount, $3 million was spent in the past week alone, acquiring a total of 8.46 million ENA tokens. The company stated it will continue weekly增持 based on market conditions to advance the implementation of its stablecoin governance token reserve (DAT) strategy.
Earlier, Mega Matrix made its initial purchase of $3 million worth of ENA tokens to execute its DAT strategy for stablecoin governance.
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