Bitcoin treasury company Matador raises $10.5 million through convertible bond issuance
According to ChainCatcher, bitcoin treasury company Matador Technologies announced that it has completed a $10.5 million financing round through the issuance of convertible bonds. The new funds will be used to further increase 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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