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[6-K] Mega Matrix Inc. Current Report (Foreign Issuer)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K
Rhea-AI Filing Summary

Mega Matrix (NYSE:MPU) submitted a Form 6-K dated June 28 2025 outlining the company’s first step in its previously approved plan to hold Bitcoin and Ethereum as treasury reserve assets.

The filing discloses that the company has purchased 12 BTC, as detailed in the attached press release (Exhibit 99.1). Management states that net proceeds from future sales of Class A Ordinary Shares may be used for growth initiatives, working capital and additional cryptocurrency acquisitions. Until deployed, any unused funds may be placed in short-term, investment-grade instruments.

The report emphasises that planned expenditures may change significantly, giving management broad discretion over capital allocation. The Bitcoin purchase was not quantified in dollar terms, and no financial statements were included. The attached press release is expressly not incorporated by reference into Exchange Act filings except where specifically referenced.

Mega Matrix (NYSE:MPU) ha presentato un modulo 6-K datato 28 giugno 2025 che illustra il primo passo della società nel piano precedentemente approvato di detenere Bitcoin ed Ethereum come riserve di tesoreria.

Il documento rivela che la società ha acquistato 12 BTC, come dettagliato nel comunicato stampa allegato (Allegato 99.1). La direzione dichiara che i proventi netti dalle future vendite di azioni ordinarie di Classe A potranno essere utilizzati per iniziative di crescita, capitale circolante e ulteriori acquisizioni di criptovalute. Fino al loro impiego, eventuali fondi non utilizzati potranno essere investiti in strumenti a breve termine e di qualità creditizia elevata.

Il rapporto sottolinea che le spese pianificate potrebbero variare significativamente, conferendo alla direzione ampia discrezionalità nell’allocazione del capitale. L’acquisto di Bitcoin non è stato quantificato in termini monetari e non sono stati inclusi bilanci finanziari. Il comunicato stampa allegato non è espressamente incorporato per riferimento nelle dichiarazioni ai sensi dell’Exchange Act, salvo dove specificamente indicato.

Mega Matrix (NYSE:MPU) presentó un Formulario 6-K fechado el 28 de junio de 2025 que detalla el primer paso de la compañía en su plan previamente aprobado para mantener Bitcoin y Ethereum como activos de reserva en tesorería.

La presentación revela que la empresa ha comprado 12 BTC, según se detalla en el comunicado de prensa adjunto (Anexo 99.1). La dirección indica que los ingresos netos de futuras ventas de acciones ordinarias Clase A pueden utilizarse para iniciativas de crecimiento, capital de trabajo y adquisiciones adicionales de criptomonedas. Hasta su uso, los fondos no utilizados pueden invertirse en instrumentos a corto plazo y de grado de inversión.

El informe enfatiza que los gastos planificados pueden cambiar significativamente, otorgando a la dirección una amplia discreción sobre la asignación de capital. La compra de Bitcoin no se cuantificó en términos monetarios y no se incluyeron estados financieros. El comunicado de prensa adjunto no se incorpora expresamente por referencia en los archivos bajo la Exchange Act, salvo cuando se menciona específicamente.

Mega Matrix (NYSE:MPU)2025� 6� 28�� 6-K 양식� 제출하여 회사가 이전� 승인� 계획� � 단계� 비트코인� 이더리움� 재무 준� 자산으로 보유하 내용� 설명했습니다.

해당 제출서류에 회사가 12 BTC� 구매했다� 사실� 첨부� 보도자료(증거 99.1)� 상세� 나와 있습니다. 경영진은 향후 클래� A 보통� 매각에서 발생하 순수�� 성장 이니셔티�, 운전자본 � 추가 암호화폐 매입� 사용� � 있다� 밝혔습니�. 사용되지 않은 자금은 단기 투자등급 상품� 배치� � 있습니다.

보고서 계획� 지출이 크게 변경될 � 있음� 강조하며, 경영진에� 자본 배분� 대� 폭넓은 재량권을 부여합니다. 비트코인 구매 금액은 달러 기준으로 명시되지 않았으며, 재무제표� 포함되지 않았습니�. 첨부� 보도자료� 특정 참조가 있 경우� 제외하고� 증권거래� 신고서에 명시적으� 포함되지 않습니다.

Mega Matrix (NYSE:MPU) a soumis un formulaire 6-K daté du 28 juin 2025 décrivant la première étape de son plan préalablement approuvé visant à détenir Bitcoin et Ethereum en tant qu'actifs de réserve de trésorerie.

Le dépôt révèle que la société a acheté 12 BTC, comme indiqué dans le communiqué de presse joint (Exhibit 99.1). La direction indique que les produits nets des futures ventes d’actions ordinaires de Classe A pourront être utilisés pour des initiatives de croissance, le fonds de roulement et des acquisitions supplémentaires de cryptomonnaies. Tant qu’ils ne sont pas utilisés, les fonds non employés peuvent être placés dans des instruments à court terme de qualité investissement.

Le rapport souligne que les dépenses prévues peuvent changer de manière significative, donnant à la direction une large discrétion quant à l’allocation du capital. L’achat de Bitcoin n’a pas été quantifié en termes monétaires, et aucun état financier n’a été inclus. Le communiqué de presse joint n’est expressément pas incorporé par référence dans les dépôts au titre de l’Exchange Act, sauf mention spécifique.

Mega Matrix (NYSE:MPU) reichte ein Formular 6-K mit Datum 28. Juni 2025 ein, das den ersten Schritt des zuvor genehmigten Plans des Unternehmens beschreibt, Bitcoin und Ethereum als Treasury-Reservevermögen zu halten.

Die Einreichung offenbart, dass das Unternehmen 12 BTC gekauft hat, wie in der beigefügten Pressemitteilung (Anlage 99.1) detailliert beschrieben. Das Management erklärt, dass Nettoerlöse aus zukünftigen Verkäufen von Stammaktien der Klasse A für Wachstumsinitiativen, Betriebskapital und zusätzliche Kryptowährungsakquisitionen verwendet werden können. Unverwendete Mittel können bis zur Verwendung in kurzfristigen, erstklassigen Anlageinstrumenten angelegt werden.

Der Bericht betont, dass geplante Ausgaben sich erheblich ändern können, wodurch das Management einen großen Ermessensspielraum bei der Kapitalallokation erhält. Der Bitcoin-Kauf wurde nicht in Dollarbeträgen angegeben, und es wurden keine Finanzberichte beigefügt. Die beigefügte Pressemitteilung ist ausdrücklich nicht durch Verweis in Exchange Act-Einreichungen aufgenommen, außer an speziell genannten Stellen.

Positive
  • Execution of previously announced plan with first purchase of 12 Bitcoin, marking tangible progress toward a cryptocurrency treasury strategy
Negative
  • Management retains broad discretion over net proceeds and notes that spending plans "may change significantly," reducing visibility into future capital allocation

Insights

TL;DR: First 12-BTC buy signals crypto-treasury kickoff, but financial materiality remains unclear.

Key insights: The company has executed its stated strategy by acquiring 12 Bitcoin, demonstrating operational follow-through and positioning itself for potential balance-sheet diversification. However, the filing omits purchase price, carrying value and percentage of total cash, preventing assessment of financial impact. Management’s broad discretion clause provides flexibility but reduces transparency on capital deployment discipline. Investors should monitor subsequent 6-K updates for size, cost basis and valuation methodology of any additional crypto holdings.

TL;DR: Crypto allocation raises valuation risk; vague use-of-proceeds language heightens uncertainty.

The filing introduces new asset-class exposure without disclosing hedging policies or impairment testing approach, creating potential earnings volatility. The statement that spending plans "may change significantly" shifts execution risk onto shareholders, especially given management’s unrestricted authority to invest in Bitcoin and Ethereum. The absence of dollar figures for the 12-BTC purchase limits risk quantification. While the initial amount is modest, the open-ended framework could magnify exposure rapidly.

Mega Matrix (NYSE:MPU) ha presentato un modulo 6-K datato 28 giugno 2025 che illustra il primo passo della società nel piano precedentemente approvato di detenere Bitcoin ed Ethereum come riserve di tesoreria.

Il documento rivela che la società ha acquistato 12 BTC, come dettagliato nel comunicato stampa allegato (Allegato 99.1). La direzione dichiara che i proventi netti dalle future vendite di azioni ordinarie di Classe A potranno essere utilizzati per iniziative di crescita, capitale circolante e ulteriori acquisizioni di criptovalute. Fino al loro impiego, eventuali fondi non utilizzati potranno essere investiti in strumenti a breve termine e di qualità creditizia elevata.

Il rapporto sottolinea che le spese pianificate potrebbero variare significativamente, conferendo alla direzione ampia discrezionalità nell’allocazione del capitale. L’acquisto di Bitcoin non è stato quantificato in termini monetari e non sono stati inclusi bilanci finanziari. Il comunicato stampa allegato non è espressamente incorporato per riferimento nelle dichiarazioni ai sensi dell’Exchange Act, salvo dove specificamente indicato.

Mega Matrix (NYSE:MPU) presentó un Formulario 6-K fechado el 28 de junio de 2025 que detalla el primer paso de la compañía en su plan previamente aprobado para mantener Bitcoin y Ethereum como activos de reserva en tesorería.

La presentación revela que la empresa ha comprado 12 BTC, según se detalla en el comunicado de prensa adjunto (Anexo 99.1). La dirección indica que los ingresos netos de futuras ventas de acciones ordinarias Clase A pueden utilizarse para iniciativas de crecimiento, capital de trabajo y adquisiciones adicionales de criptomonedas. Hasta su uso, los fondos no utilizados pueden invertirse en instrumentos a corto plazo y de grado de inversión.

El informe enfatiza que los gastos planificados pueden cambiar significativamente, otorgando a la dirección una amplia discreción sobre la asignación de capital. La compra de Bitcoin no se cuantificó en términos monetarios y no se incluyeron estados financieros. El comunicado de prensa adjunto no se incorpora expresamente por referencia en los archivos bajo la Exchange Act, salvo cuando se menciona específicamente.

Mega Matrix (NYSE:MPU)2025� 6� 28�� 6-K 양식� 제출하여 회사가 이전� 승인� 계획� � 단계� 비트코인� 이더리움� 재무 준� 자산으로 보유하 내용� 설명했습니다.

해당 제출서류에 회사가 12 BTC� 구매했다� 사실� 첨부� 보도자료(증거 99.1)� 상세� 나와 있습니다. 경영진은 향후 클래� A 보통� 매각에서 발생하 순수�� 성장 이니셔티�, 운전자본 � 추가 암호화폐 매입� 사용� � 있다� 밝혔습니�. 사용되지 않은 자금은 단기 투자등급 상품� 배치� � 있습니다.

보고서 계획� 지출이 크게 변경될 � 있음� 강조하며, 경영진에� 자본 배분� 대� 폭넓은 재량권을 부여합니다. 비트코인 구매 금액은 달러 기준으로 명시되지 않았으며, 재무제표� 포함되지 않았습니�. 첨부� 보도자료� 특정 참조가 있 경우� 제외하고� 증권거래� 신고서에 명시적으� 포함되지 않습니다.

Mega Matrix (NYSE:MPU) a soumis un formulaire 6-K daté du 28 juin 2025 décrivant la première étape de son plan préalablement approuvé visant à détenir Bitcoin et Ethereum en tant qu'actifs de réserve de trésorerie.

Le dépôt révèle que la société a acheté 12 BTC, comme indiqué dans le communiqué de presse joint (Exhibit 99.1). La direction indique que les produits nets des futures ventes d’actions ordinaires de Classe A pourront être utilisés pour des initiatives de croissance, le fonds de roulement et des acquisitions supplémentaires de cryptomonnaies. Tant qu’ils ne sont pas utilisés, les fonds non employés peuvent être placés dans des instruments à court terme de qualité investissement.

Le rapport souligne que les dépenses prévues peuvent changer de manière significative, donnant à la direction une large discrétion quant à l’allocation du capital. L’achat de Bitcoin n’a pas été quantifié en termes monétaires, et aucun état financier n’a été inclus. Le communiqué de presse joint n’est expressément pas incorporé par référence dans les dépôts au titre de l’Exchange Act, sauf mention spécifique.

Mega Matrix (NYSE:MPU) reichte ein Formular 6-K mit Datum 28. Juni 2025 ein, das den ersten Schritt des zuvor genehmigten Plans des Unternehmens beschreibt, Bitcoin und Ethereum als Treasury-Reservevermögen zu halten.

Die Einreichung offenbart, dass das Unternehmen 12 BTC gekauft hat, wie in der beigefügten Pressemitteilung (Anlage 99.1) detailliert beschrieben. Das Management erklärt, dass Nettoerlöse aus zukünftigen Verkäufen von Stammaktien der Klasse A für Wachstumsinitiativen, Betriebskapital und zusätzliche Kryptowährungsakquisitionen verwendet werden können. Unverwendete Mittel können bis zur Verwendung in kurzfristigen, erstklassigen Anlageinstrumenten angelegt werden.

Der Bericht betont, dass geplante Ausgaben sich erheblich ändern können, wodurch das Management einen großen Ermessensspielraum bei der Kapitalallokation erhält. Der Bitcoin-Kauf wurde nicht in Dollarbeträgen angegeben, und es wurden keine Finanzberichte beigefügt. Die beigefügte Pressemitteilung ist ausdrücklich nicht durch Verweis in Exchange Act-Einreichungen aufgenommen, außer an speziell genannten Stellen.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of June 2025

 

Commission File Number: 001-42370

 

MEGA MATRIX INC.

 

Level 21, 88 Market Street

CapitaSpring

Singapore 048948

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F           Form 40-F 

 

 

 

 

 

Explanatory Notes

 

As previously disclosed, the Board of Directors of Mega Matrix Inc. (the “Company”) approved the purchase of Bitcoin and/or Ethereum to hold as a treasury reserve asset.

 

The following section entitled “Use of Proceeds” is incorporated by reference in the registration statements on Form S-8 (File No. 333-277227) and on Form F-3 (File No. 333-283739), each as filed with the Securities and Exchange Commission, to the extent not superseded by documents or reports subsequently filed.

 

Use of Proceeds

 

We intend to use the net proceeds from the sale of Class A Ordinary Shares to fund our growth plans, for working capital and other general corporate purposes, including the acquisition of Bitcoin and Ethereum as treasury assets.

 

Although we intend to use the net proceeds of this offering for the foregoing purposes, the planned expenditures may change significantly. As a result, our management will have broad discretion in the allocation of any net proceeds. Pending use of any net proceeds, we may invest any proceeds in a variety of capital preservation instruments, including short-term, investment-grade, and interest-bearing instruments.

 

1

 

Press Release

 

A news release announcing the first purchase of Bitcoin is attached as Exhibit 99.1. The news release referred to in this report and attached as an exhibit hereto shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be deemed incorporated by reference into any filings made by the Company under the Securities Act, or the Exchange Act, except as may be expressly set forth by specific reference in such filing

 

EXHIBIT INDEX

 

Exhibit No.   Description of Document
99.1   Press Release – Mega Matrix Inc. Announces First Purchase of 12 BTC

 

2

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Mega Matrix Inc.
   
  By: /s/ Yucheng Hu
    Yucheng Hu
    Chief Executive Officer
     
Dated: June 25, 2025    

 

 

 

3

 

 

FAQ

Why did MPU file a Form 6-K on June 28 2025?

The filing reports Mega Matrix’s first purchase of 12 Bitcoin and updates investors on its intended use of share-sale proceeds.

How many Bitcoin did Mega Matrix (MPU) purchase according to the 6-K?

The attached press release (Exhibit 99.1) states that the company bought 12 BTC as a treasury reserve asset.

What does MPU plan to do with net proceeds from future Class A share sales?

According to the filing, proceeds will fund growth initiatives, working capital and additional Bitcoin or Ethereum acquisitions.

Does the 6-K disclose the cost or valuation of the 12 BTC purchase?

No. The report confirms the quantity purchased but does not disclose the dollar amount or cost basis.

Can MPU change how it spends the proceeds?

Yes. The company states planned expenditures may change significantly, giving management broad discretion over allocation.
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