News
Significance:
5/10

Mega Matrix Files $2B Shelf to Fund Crypto Treasury Bet on Ethena

https://www.coindesk.com/business/2025/09/04/mega-matrix-files-usd2b-shelf-to-fund-crypto-treasury-bet-on-ethena

Krisztian Sandor, Stephen Alpher

Mentions

Regions

Code
Name
US
🇺🇸United States

Sentiments

Target
Sentiment
Comment
Bullish
Mega Matrix's $2B investment focuses on ENA, indicating strong institutional interest.
Bearish
Stock remains down nearly 30% since its crypto pivot, reflecting market skepticism.