Canadian Tech Firm Matador Plans Additional Fundraising for Bitcoin Investment

According to PANews, Canadian technology company Matador, which has incorporated Bitcoin into its corporate treasury, announced plans to raise an additional CAD 4 million through a private placement. The company intends to issue up to 6,451,613 common shares and may opt to increase the offering by up to 15% for overallotment purposes. Earlier this month, Matador revealed its intention to raise CAD 3 million, with a portion of the net proceeds earmarked for increasing its Bitcoin holdings. source: https://www.binance.com/en/square/post/24615743679825?utm_source=BinanceNewsRSS