Matador, a Bitcoin treasury company, raised $10.5 million through the issuance of convertible bonds
According to GlobeNewswire, Bitcoin treasury company Matador Technologies announced the completion of a $10.5 million financing through the issuance of convertible bonds, with the new funds intended for further increasing its Bitcoin holdings.
The company stated that it plans to increase its Bitcoin holdings to 1,000 by 2026 and expand to 6,000 by 2027.
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