According to ChainCatcher, Matador Technologies Inc., a Canadian listed company, announced that its board of directors has unanimously approved the addition of Bitcoin and U.S. dollar-denominated assets to its corporate treasury as part of its long-term capital preservation strategy.

It is reported that Matador plans to pre-invest an initial allocation of $4.5 million in Bitcoin in December 2024, and will continue to explore additional purchases at the board level through a measured purchase plan.