Matador Technologies Switches to Bitcoin
- Canada-based Matador Technologies is diversifying its capital strategy by adding Bitcoin and USD assets to its treasury. 🎯
- $4.5 million worth of Bitcoin is planned to be purchased in December 2024 to reduce dependence on the Canadian dollar.
- Bitcoin is seen as a long-term store of value and institutional interest is increasing. This move will also support its digital gold platform. 💡
- Matador made this choice due to Bitcoin’s stability and security.