Matador Technologies plans to raise an additional $75 million to further increase its bitcoin holdings
2025-12-16 11:44:52
Matador Technologies, a Canadian-listed bitcoin treasury, has announced that it has amended its previous $100 million convertible note financing agreement, revealing that it has signed registration rights agreements with investors to raise a total of $75 million by issuing additional notes, which will be used to purchase bitcoin for Matador's balance sheet. However, Matador Technologies has removed the previously announced plan to hold 6,000 bitcoins by 2027 in its latest disclosure.
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