Key Highlights Strategic Capitalization: Matador has amended the terms of its previously announced USD$100 million convertible note facility with ATW Partners, with an initial USD$10.5 million tranche signed.Exclusive Use of Proceeds: Capital will be used solely to purchase Bitcoin to drive Bitcoin-per-share (BPS) growth.Institutional Partnership: ATW is a leading U.S.-based institutional investor focused on innovative growth-stage financing.Scalable Structure: Convertible note structure allows for equity-a ...

Smarter Web Company is exploring acquisitions of distressed competitors to acquire their Bitcoin holdings at discount prices. According to a Financial Times report, the UK’s largest corporate Bitcoin holder with over £200 million in crypto reserves made the revelation despite its shares plummeting 73% from their mid-June peak. Founder Andrew Webley told the publication that “there’s one that’s very attractive, there’s one that I’ve got my sights on at the moment,“ though he declined to name the acquisiti ...