Matador Secures $100M to Stack Bitcoin – Bitcoin Hyper Brings the Utility to $BTC
PositiveCryptocurrency

Matador Technologies has successfully secured $100 million in convertible notes to aggressively accumulate Bitcoin, aiming to control 1% of the total supply. This move comes as Wall Street takes advantage of the current market dip, contrasting with retail investors who are panicking. Interestingly, Bitcoin ETFs have experienced $191 million in outflows as institutional treasurers adopt a contrarian approach. Additionally, Bitcoin Hyper is introducing a new layer of utility to Bitcoin, offering fast and cost-effective transactions, which could enhance the cryptocurrency's appeal and functionality.
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