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Matador Technologies launches a private placement financing of CAD 3 million, part of which will be used to purchase Bitcoin.
Gate.io News bot message: Canadian tech company Matador Technologies Inc has officially launched a non-broker private placement financing plan, with a funding cap of 3 million CAD (approximately 2.15 million USD).
The company plans to use the net proceeds from the financing for three areas: purchasing Bitcoin, advancing gold acquisitions and Grammies-related business, and general corporate purposes.
It is reported that Matador completed a Bitcoin transaction on January 13, purchasing 29 Bitcoins for 4.5 million Canadian dollars (approximately 3.12 million US dollars).