Mega Matrix Restructures Director Chen’s Pay, Cancels Unvested Equity and Raises Cash Fee
TipRanks (Wed, 18-Mar 4:49 PM ET)
PRNewswire (Thu, 8-Jan 10:00 PM ET)
Mega Matrix Inc is a holding company. It operates through its two subsidiaries Mega Metaverse Corp (Mega) and JetFleet Management Corp (JMC). The Company has two business segments which are comprised of : ETH staking business and The leasing of regional aircraft to foreign and domestic regional airlines. The majority of the company's revenue is earned through Leasing business segment. The company operates in USA and Canada, Asia-Pacific, Europe, Middle East and Africa, and Latin America.
Mega Matrix Class A trades on the AMEX stock market under the symbol MPU.
As of March 18, 2026, MPU stock price climbed to $0.87 with 52,083 million shares trading.
MPU has a beta of 0.68, meaning it tends to be less sensitive to market movements. MPU has a correlation of 0.01 to the broad based SPY ETF.
MPU has a market cap of $58.99 million. This is considered a Micro Cap stock.
In the last 3 years, MPU traded as high as $4.48 and as low as $.49.
MPU has outperformed the market in the last year with a price return of +75.7% while the SPY ETF gained +17.9%. However, in the short term, MPU had mixed performance relative to the market. It has underperformed in the last 3 months, returning -29.3% vs -1.2% return in SPY. But in the last 2 weeks, MPU shares have fared better than the market returning -1.1% compared to SPY -2.8%.
MPU support price is $.81 and resistance is $.92 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MPU shares will trade within this expected range on the day.
