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Matador Technologies Inc. ( (TSE:MATA) ) has shared an announcement.
Matador Technologies Inc. has announced a long-term strategy to significantly increase its Bitcoin holdings, aiming to accumulate up to 6,000 BTC by 2027. The company plans to utilize various financing strategies, including equity offerings and BTC-backed credit facilities, to support this goal. This move positions Matador to become a top 20 corporate Bitcoin holder globally, aligning its operations with the Bitcoin ecosystem and aiming for long-term financial stability and reduced inflationary risk.
More about Matador Technologies Inc.
Matador Technologies Inc. operates in the financial technology industry, focusing on Bitcoin as a core asset. The company is involved in treasury management, infrastructure, and operational components aligned with the Bitcoin ecosystem. Matador aims to be a significant corporate holder of Bitcoin, with a strategic focus on maximizing Bitcoin per Share (BPS) while maintaining a strong capital structure.
Average Trading Volume: 307,466
Current Market Cap: C$48.5M
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