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✴️ Canadian company Matador Technologies plans to raise an additional $58 million through a secondary share offering to purchase Bitcoin for its balance sheet.
The move underscores the growing trend of corporate Bitcoin accumulation, as firms seek long-term hedges against inflation and currency debasement. Continued balance-sheet buying by public companies may further tighten circulating supply and strengthen Bitcoin’s role as a strategic treasury asset.
#BTC #Corporates #Crypto
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