Matador Signs Equity Distribution Agreement to Raise $30 Million to Increase Bitcoin Holdings

Odaily News: Bitcoin treasury company Matador Technologies announced that it has signed an equity distribution agreement with ATB Cormark Capital Markets, planning to raise $30 million through the issuance of common shares. The aim is to support its strategic Bitcoin accumulation, with the goal of holding 1,000 Bitcoins by the end of 2026. It is reported that the related common shares will be sold to the public by the company from time to time through an agent, at the company's discretion, at the market price at the time of sale. All transactions will comply with the terms and conditions of the equity distribution agreement. (Accessnewswire)