ChainCatcher message, according to Globe Newswire, the Canadian listed company Matador Technologies has obtained approval from the Ontario Securities Commission for an 80 million CAD infrastructure prospectus. The prospectus is valid for 25 months and will be used to support the company's Bitcoin accumulation strategy. Matador currently holds approximately 175 Bitcoins and plans to increase its reserves to 1000 by the end of 2026.

The company's CEO Deven Soni stated that this move is a key step in refining the capital structure and will provide the company with the ability to access funds quickly and flexibly.