Matador Technologies Board of Directors Approves Bitcoin Treasury Strategy, Plans to Acquire an Additional 6,000 Bitcoins

BlockBeats News, July 16th, according to Globenewswire, the board of directors of the Canadian-listed company Matador Technologies Inc has approved a long-term Bitcoin acquisition strategy to expand Matador's Bitcoin reserves, making the company a significant corporate BTC holder. Matador has filed a preliminary short form prospectus to provide financing flexibility over the next 25 months, accumulating up to 6,000 bitcoins by 2027 or earlier.