Matador Technologies Inc. Announces Updated Terms of USD$100 Million Convertible Note Facility to Expand Bitcoin Holdings
Globenewswireยท2025-11-03 21:15
Key Highlights Strategic Capitalization: Matador has amended the terms of its previously announced USD$100 million convertible note facility with ATW Partners, with an initial USD$10.5 million tranche signed.Exclusive Use of Proceeds: Capital will be used solely to purchase Bitcoin to drive Bitcoin-per-share (BPS) growth.Institutional Partnership: ATW is a leading U.S.-based institutional investor focused on innovative growth-stage financing.Scalable Structure: Convertible note structure allows for equity-a ...