Matador Technologies raises $1.2M in second tranche to buy BTC

TSX Venture Exchange (TSXV)-listed Matador Technologies has raised approximately C$1.64 million ($1.2 million) through the second tranche of its non-brokered private placement, according to a press release on GlobeNewswire. The proceeds will be used for Matador’s Bitcoin (BTC) and gold purchases, as well as general corporate purposes.