Canadian technology company Matador receives $1.5 million in strategic investment, part of which will be used to increase Bitcoin holdings

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On May 31, according to Globenewswire, Matador Technologies, a Canadian technology company focusing on Bitcoin and tokenizing real-world assets, announced receiving a total investment of 1.5 million Canadian dollars from Arrington Capital. Arrington Capital, a digital asset management company founded in 2017 by Michael Arrington (founder of TechCrunch and CrunchBase), Heather Harde (CEO of TechCrunch), and Geoffrey Arone, will use the funding to purchase Bitcoin, gold, and for general corporate purposes.

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