The board of Canadian technology company Matador Technologies Inc. has approved a long-term bitcoin reserve strategy, aiming to accumulate up to 6,000 bitcoins by 2027 and setting a medium-term goal of holding up to 1,000 bitcoins by 2026. The company currently holds 77.4 bitcoins and bitcoin equivalents.
In support of this strategy, Matador has previously filed an initial short-term infrastructure prospectus for CAD 900 million, providing funding flexibility for the next 25 months. The company plans to raise capital through a number of means, including on-exchange equity offerings, convertible financings, non-core divestitures, Bitcoin-backed credit lines, and strategic acquisitions or partnerships.
Matador plans to accumulate 1,000 bitcoins by 2026
2025-07-16 12:03:34
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Talos Acquires Coin Metrics for Over $100 millionNext article：
上市公司 Super Copper Corp 拟配置 20% 储备资金为比特币
