Canadian listed company Matador receives $100 million in financing to accelerate Bitcoin reserves

PANews reported on July 23 that Canadian listed company Matador Technologies Inc. (Toronto Stock Exchange code: MATA) announced that it has received $100 million in financing to accelerate the construction of its Bitcoin reserves. The first $10.5 million has been delivered, and all funds will be invested in Bitcoin purchases. The company plans to hold 1,000 Bitcoins by 2026 and 6,000 by 2027, and aims to hold 1% of the world's Bitcoin in the long term.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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