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Posted by
Two Blokes Jul 23 -
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Stock
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Key Highlights Strategic Capitalization: Matador has executed a Purchase Agreement for a USD $100 million secured convertible note facility (the “Facility”) with ATW Partners, featuring an initial USD $10.5 million tranche. Exclusive Use of Proceeds: Proceeds are earmarked for purchasing Bitcoin as part of Matador's treasury allocation strategy, with the intention of increasing long-term Bitcoin-per-share (BPS).
