The Canadian company Matador Technologies is taking a bold step! 🎉 Now its treasury will include Bitcoin and assets in US dollars. This decision is aimed at reducing risks associated with dependence on the Canadian dollar and diversifying reserves.

Matador plans to invest $4.5 million in Bitcoin in December 2024 and transfer most of its reserves from CAD to USD. This is part of a strategy to protect against currency devaluation and seek alternatives to traditional assets. 📈

The company’s president, Sunny Ray, noted that this will help "protect the treasury for the future" and support the mission of using Bitcoin for gold-backed products.