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Matador Technologies Inc. ( (TSE:MATA) ) has provided an announcement.
Matador Technologies Inc. has acquired an additional 5.38 Bitcoin for CAD$798,000, bringing its total Bitcoin holdings to approximately 69. This acquisition is part of Matador’s long-term capital preservation strategy, emphasizing its commitment to integrating Bitcoin as a core treasury asset. The company maintains cash reserves and physical gold holdings, reflecting prudent financial management aimed at sustaining growth and stability. Additionally, Matador’s investment in HODL Systems, a publicly traded Indian technology company, aims to deepen its exposure to the global digital asset ecosystem. This move underscores Matador’s strategy of expanding its treasury holdings and leveraging blockchain technology to deliver long-term value for stakeholders.
More about Matador Technologies Inc.
Matador Technologies Inc. is a publicly traded Bitcoin ecosystem company focused on holding Bitcoin as its primary treasury asset and developing products to enhance the Bitcoin network. The company combines strategic Bitcoin accumulation, Bitcoin-native product development, and participation in digital asset infrastructure to drive long-term shareholder value. Matador has expanded its global footprint by investing in HODL Systems, securing up to a 24.95% ownership stake, and is committed to the worldwide adoption of Bitcoin as a reserve asset.
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