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Matador Technologies Adds Bitcoin and USD-Assets to its Balance Sheet

  • Matador Technologies Inc. has announced plans to add Bitcoin and USD-denominated assets to its balance sheet.
  • The company plans to allocate $4.5 million to Bitcoin purchase in December 2024.
  • The decision to add BTC to its balance sheet showcases Matador's belief in blockchain and cryptocurrency.
  • Matador will also move its CAD cash reserves to USD and explore additional buying opportunities for Bitcoin.

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