Bitcoin Treasury Firm Matador Gets OK for $58M Share Sale to Buy More BTC
A Bitcoin treasury firm, Matador, has received approval from the Ontario Securities Commission to proceed with a share sale aimed at raising $58 million. According to reports, the firm intends to use the funds to expand its Bitcoin holdings. The development signals continued interest in accumulating Bitcoin as a treasury asset. The share sale represents a strategic move to increase its investment in the cryptocurrency.
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