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Matador Technologies increased their holdings by 3.38 BTC, bringing the total to 64.69 BTC.

DeepFlowTech
BTC-2,05%

In the TechFlow news, on January 31, according to Globenewswire, the digital gold platform Matador Technologies Inc. (TSXV: MATA) announced the purchase of 3.38 BTC for 500,000 Canadian dollars (approximately 347,000 US dollars), with an average price of 102,703 US dollars per BTC (including fees).

The company plans to reinvest $350,000 to purchase BTC in the near future. It is reported that Matador currently holds about 64.69 BTC (and BTC equivalent assets), with a net asset value (NAV) of approximately 13.6 million Canadian dollars.

The company operates with zero debt, holds approximately CAD 2.3 million in cash reserves and 2 kilograms of physical gold (approximately CAD 264,000), and plans to launch its first digital gold product in the first quarter of 2025.

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