On June 25, Matador Technologies (TSXV: MATA | OTCQB: MATAF | FSE: IU3) announced the purchase of 8.4 bitcoins at an average price of $104,914, bringing its total holdings to 77 bitcoins and equivalent assets.
The company stated that this move is part of its long-term bitcoin financial strategy, consistent with its investment in HODL Systems, India's first bitcoin-native financial company. Matador Technologies positions itself as a "Bitcoin ecosystem company" and firmly believes that "the future of finance is bitcoin on the balance sheet".
