Canadian company Matador plans to raise $58 million to increase its bitcoin holdings

PANews2025/12/23 09:06

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PANews, December 23—According to official information from Bitcoin Treasuries, Canadian listed company Matador Technologies ($MATA) announced plans to raise $58 million to further increase its Bitcoin holdings. The company aims to hold 1,000 Bitcoins by the end of 2026.

Previously, Matador revised the terms of its $100 million convertible bonds, with the first tranche of $10.5 million used exclusively for purchasing Bitcoin.

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Canadian company Matador plans to raise $58 million to increase its bitcoin holdings

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