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 August 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
The following sections entitled “Business Strategy Update”
are incorporated by reference in the registration statements on Form S-8 (File No. 333-277227), Form
F-3 (File No. 333-283739) and Form S-8 (File No. 333-289715), each as filed with the Securities and Exchange Commission, to the extent not superseded by documents
or reports subsequently filed.
Business Strategy Update
As previously disclosed, the Board of Directors of Mega Matrix Inc.
(the “Company”) has approved the purchase of Bitcoin and/or Ethereum to hold as treasury reserve assets and conduct self-staking
exclusively through third-party certified providers.
On August 21, 2025, the Board of Directors of the Company approved to update the Company’s digital asset treasury (“DAT”)
reserve strategies and focus on stablecoin governance token its primary treasury asset.
Successfully implementing this DAT strategy may present
organizational and infrastructure challenges, and the Company may not be able to fully implement or realize the intended benefits of
its strategy. There can be no assurance that the Company will be successful in implementing its new business strategy. In addition,
moving to a new business strategy may result in a loss of established efficiency, which may have a negative impact on the
Company’s business. The Company may also face an increased amount of competition as we attempt to expand and grow its
business, which may negatively impact its results of operations, cash flows and financial condition. The Company intends to provide
further updates as material developments occur.
Forward-Looking Statements
This report contains forward-looking statements within the meaning
of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this
press release other than statements that are purely historical are forward looking statements. When used in this press release, the words
“estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,”
“intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,”
“propose,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are
intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions
or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are
outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking
statements. Important factors, among others, are the: ability to manage growth; ability to identify and integrate future acquisitions;
ability to grow and expand our FlexTV business; ability to purchase stablecoin governance token and other digital assets at the price
that we want; ability to reinitiate the ETH staking business, ability to implement the strategic expansion into the stablecoin sector,
ability to implement the new business strategy with a focus on stablecoin governance token and ability to create value; the regulatory
volatility on stable coins and governance tokens, ability to obtain additional financing in the future to fund capital expenditures and
our digital asset treasury reserve strategy and ability to create value; fluctuations in general economic and business conditions; costs
or other factors adversely affecting the Company’s profitability; litigation involving patents, intellectual property, and other matters;
potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed
in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation,
or other economic and policy factors; and the possibility that the Company’s new lines of business may be adversely affected by other
economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company’s future results
of operations are subject to additional risks and uncertainties set forth under the heading “Risk Factors” in documents filed
by the Company with the Securities and Exchange Commission (“SEC”), including the Company’s latest annual report on Form 20-F,
filed with the SEC on March 28, 2025, and are based on information available to the Company on the date hereof. In addition, such risks
and uncertainties include the inherent risks with investing in ENA token, Bitcoin and/or Ethereum, including ENA token’s, Bitcoin’s
and Ethereum’s volatility; and risk of implementing a new treasury strategy focusing on ENA token. The Company undertakes no obligation
to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required
by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of
this report.
Press Release
A news release announcing the shift in business focus to Ethena’s governance
token 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. |
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Description of Document |
99.1 |
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Press Release dated August 25, 2025 |
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.
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Mega Matrix Inc. |
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By: |
/s/ Yucheng Hu |
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Yucheng Hu |
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Chief Executive Officer |
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Dated: August 25, 2025 |
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