Matador Technologies launches a private placement financing of CAD 3 million, part of which will be used to purchase Bitcoin.

GateNews

2025-05-12 00:34:43

BTC-1,26%

Gate.io News bot message: Canadian tech company Matador Technologies Inc has officially launched a non-broker private placement financing plan, with a funding cap of 3 million CAD (approximately 2.15 million USD).

The company plans to use the net proceeds from the financing for three areas: purchasing Bitcoin, advancing gold acquisitions and Grammies-related business, and general corporate purposes.

It is reported that Matador completed a Bitcoin transaction on January 13, purchasing 29 Bitcoins for 4.5 million Canadian dollars (approximately 3.12 million US dollars).

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments