According to PR Newswire, Mega Matrix Inc. (NYSE American: MPU) has announced the purchase of 12 $BTC since the end of May as part of its treasury strategy, at an average purchase price of approximately $105,554.00 per coin (including fees and expenses). Yucheng Hu, CEO of Mega Matrix, stated that this Bitcoin acquisition is the execution of the company's strategic decision to use Bitcoin as a treasury reserve asset, reinforcing the company's commitment to diversification and value creation. [ChainCatcher]