Canadian listed company Matador Technologies plans to raise CAD 900 million to continue increasing its Bitcoin assets.
According to Globenewswire, Bitcoin ecosystem company Matador Technologies has filed a prospectus with securities regulators in all Canadian provinces except Quebec, proposing to issue multiple types of securities, including common shares, debt securities, warrants, and subscription receipts, in phases over the next 25 months, with plans to raise up to CAD 900,000,000. The funds raised will be used to drive future growth, strategically acquire Bitcoin assets, and expand Bitcoin treasury reserves. Previously reported, Matador Technologies increased its holdings by 8.4 Bitcoin, bringing its total holdings to 77 Bitcoin. [ChainCatcher]
Canadian listed company Matador Technologies plans to raise CAD 900 million to continue increasing its Bitcoin assets.
According to Globenewswire, Bitcoin ecosystem company Matador Technologies has filed a prospectus with securities regulators in all Canadian provinces except Quebec, proposing to issue multiple types of securities, including common shares, debt securities, warrants, and subscription receipts, in phases over the next 25 months, with plans to raise up to CAD 900,000,000. The funds raised will be used to drive future growth, strategically acquire Bitcoin assets, and expand Bitcoin treasury reserves. Previously reported, Matador Technologies increased its holdings by 8.4 Bitcoin, bringing its total holdings to 77 Bitcoin. [ChainCatcher]
