Matador Signs Equity Distribution Agreement to Raise $30 Million to Increase Bitcoin Holdings
Bitcoin treasury firm Matador Technologies announced it has signed an equity distribution agreement with ATB Cormark Capital Markets to raise $30 million through a public offering of common stock. The aim is to support its strategic Bitcoin accumulation, with a target of holding 1,000 Bitcoins by the end of 2026. The common stock will reportedly be sold to the public from time to time through agents, at the company's discretion, and at the market price at the time of sale. All transactions will be subject to the terms and conditions of the equity distribution agreement. (Accessnewswire)
Source: CoinLive The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments