PANews reported on November 12th that, according to Globenewswire, Canadian publicly traded Matador Technologies announced the completion of its previously disclosed $100 million secured convertible bond financing arrangement with ATW Partners. The company has also completed its first drawdown under this arrangement, purchasing 92 bitcoins for CAD 13.2 million (US$9.5 million). These bitcoins were purchased through Netcoins and FalconX, at an average price of US$102,752 per bitcoin (including fees and expenses).
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