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The latest announcement is out from Matador Technologies Inc. ( (TSE:MATA) ).
Matador Technologies Inc. has acquired an additional 5 Bitcoin for CAD$802,020, bringing its total Bitcoin holdings to approximately 77.4. This acquisition is part of Matador’s strategy to integrate Bitcoin as a core asset in its treasury, aiming to diversify with long-duration reserve assets. The company plans to further increase its Bitcoin holdings, with a goal of holding 1% of Bitcoin’s total supply. Matador is also in the process of securing a USD$100 million convertible-note facility and has filed a CAD$900 million base-shelf prospectus to support future acquisitions. This move underscores Matador’s commitment to aligning with the global shift towards sound monetary assets and enhancing long-term stakeholder value.
More about Matador Technologies Inc.
Matador Technologies Inc. is a publicly traded company focused on the Bitcoin ecosystem, primarily holding Bitcoin as its main 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 while maintaining capital efficiency. Matador has expanded its global presence by investing in HODL Systems, an Indian digital asset treasury company, securing a significant ownership stake to strengthen its position as a leading Bitcoin treasury company.
Average Trading Volume: 308,097
Technical Sentiment Signal: Buy
Current Market Cap: C$37.31M
Find detailed analytics on MATA stock on TipRanks’ Stock Analysis page.