Just-In: Matador Plans To Buy $4.5M Bitcoin Amid Corporate Strategy Shift

Quick Summary:

According to the new announcement, the firm’s Board of Directors has nodded to add Bitcoin and USD-denominated assets into its corporate treasure.

Matador Technologies, the firm that focuses on digitizing real-world assets like gold, announced to buying of $4.5 million worth of BTC over the next few days.

Meanwhile, according to the latest update, the blockchain firm plans to buy $4.5 million in BTC this month.

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Article Details

Author / Journalist: Rupam Roy

Category: Crypto

Markets: IndiaCanada

Topics: Institutional Bitcoin buying Bitcoin accumulation 24/7 Cryptocurrency News Bitcoin Bitcoin News Bitcoin buying strategy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 13:43:25 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 335 words

Reading Time: 2 minutes read

Sentences: 38 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 24597951

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

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News Last Updated: 8 hours ago

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