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Matador Technologies Inc. ( (TSE:MATA) ) just unveiled an update.
Matador Technologies Inc. announced the closing of the final tranche of a non-brokered private placement, raising a total of $4.6 million to support its Bitcoin acquisition and other business initiatives. The funds will be allocated to purchasing Bitcoin, advancing gold acquisition and Grammies business initiatives, and general corporate purposes, potentially impacting the company’s operations and market positioning in the Bitcoin ecosystem.
More about Matador Technologies Inc.
Matador Technologies Inc. is a publicly traded company focused on the Bitcoin ecosystem, holding Bitcoin as its primary treasury asset and developing products to enhance the Bitcoin network. The company operates with a Bitcoin-first strategy, a debt-free balance sheet, and aims to innovate financial infrastructure on Bitcoin. Its flagship offering, the Digital Gold Platform, allows users to trade gold units inscribed on the Bitcoin blockchain, merging traditional value with decentralized technology.
Average Trading Volume: 186,743
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