Matador Technologies Raises $58M for Bitcoin Treasury
Update: 2025-12-24
Description
Matador Technologies, a Bitcoin financial services firm, has received approval to raise $58 million for a Bitcoin treasury. Currently holding 175 Bitcoin, they aim to reach 1,000 by 2026. Despite a dip in share price, they plan to boost Bitcoin per share and strategically buy at optimal times. With over 190 public companies adopting Bitcoin, Matador joins the wave of institutional adoption, but faces market volatility and potential stock price fluctuations.
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