Matador Technologies Inc. Has invested 4.5 million USD in Bitcoin, diversifying its treasury to enhance financial stability amid growing national debt concerns in Canada.
The firm’s board unanimously approved transitioning reserves from Canadian dollars to U.S. Dollars to reduce risks tied to currency devaluation, further solidifying its strategic financial planning.
This investment aligns Matador with firms like MicroStrategy, showcasing a trend where corporations adopt Bitcoin as a hedge against inflation and ensure long-term financial resilience.