Matador, a Canadian technology company that has included Bitcoin in its corporate treasury, has raised an additional CAD 4 million in funding

Matador, a Canadian technology company that has included Bitcoin in its corporate treasury, announced plans to raise an additional CAD 4 million through private placement. It is reported that the company will issue up to 6451613 ordinary shares and can choose to increase the issuance by up to 15% through over allotment to raise funds. Previously, Matador announced in mid month that it plans to raise CAD 3 million, with some of the net proceeds going towards increasing its holdings of Bitcoin.