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Matador Technologies has secured a $100 million financing facility from ATW Partners to grow its #Bitcoin# treasury, starting with an initial investment of $10.5 million.
The funds aim to acquire 1,000 BTC by 2026 and 6,000 BTC by 2027.
The secured convertible notes carry an 8% interest rate and offer equity alignment. If fully executed, Matador could become one of the top 20 corporate holders of #BTC globally.
#CryptoNews