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Canadian company Matador plans to raise $58 million to increase its bitcoin holdings
from Bitcoin Treasuries, Canadian listed company Matador Technologies ($MATA) announced plans to raise $58 million to further increase its Bitcoin holdings. The company aims to hold 1,000 Bitcoins by the end of 2026.
Previously, Matador revised the terms of its $100 million convertible bonds, with the first tranche of $10.5 million used exclusively for purchasing
KEY DETAILS:
Matador Technologies, a Canadian publicly traded company focused on Bitcoin-related assets and strategies, has announced plans to raise about USD 58 million (CAD 80 million) of new capital. The goal of this capital raise is to significantly increase Matador’s Bitcoin holdings.
Regulatory Approval: The Ontario Securities Commission has approved Matador’s plan to sell up to CAD 80 million of securities over the next ~25 months to raise capital.
Crypto Briefing
Use of Funds: Proceeds from the offering will be used primarily to buy more Bitcoin for the company’s treasury.
Crypto Briefing
Bitcoin Target: The company currently holds around 175 BTC and aims to grow its reserve to 1,000 $BTC by the end of 2026.
Crypto Briefing
Strategic Focus: Matador’s Bitcoin strategy is long-term accumulation, aiming to increase Bitcoin per share and leverage market conditions to grow shareholder value through Bitcoin $BTC exposure.
CoinCentral
🧠 Why This Matters
This move is part of a broader trend of public and institutional entities adopting Bitcoin treasury strategies—holding Bitcoin as a reserve asset. Matador’s initiative reflects increasing institutional confidence in Bitcoin’s role as a long-duration asset in corporate treasuries.
$BTC #WriteToEarnUpgrade #BTCVSGOLD #Metador #BinanceSquareFamily
{spot}(BTCUSDT)
Previously, Matador revised the terms of its $100 million convertible bonds, with the first tranche of $10.5 million used exclusively for purchasing
KEY DETAILS:
Matador Technologies, a Canadian publicly traded company focused on Bitcoin-related assets and strategies, has announced plans to raise about USD 58 million (CAD 80 million) of new capital. The goal of this capital raise is to significantly increase Matador’s Bitcoin holdings.
Regulatory Approval: The Ontario Securities Commission has approved Matador’s plan to sell up to CAD 80 million of securities over the next ~25 months to raise capital.
Crypto Briefing
Use of Funds: Proceeds from the offering will be used primarily to buy more Bitcoin for the company’s treasury.
Crypto Briefing
Bitcoin Target: The company currently holds around 175 BTC and aims to grow its reserve to 1,000 $BTC by the end of 2026.
Crypto Briefing
Strategic Focus: Matador’s Bitcoin strategy is long-term accumulation, aiming to increase Bitcoin per share and leverage market conditions to grow shareholder value through Bitcoin $BTC exposure.
CoinCentral
🧠 Why This Matters
This move is part of a broader trend of public and institutional entities adopting Bitcoin treasury strategies—holding Bitcoin as a reserve asset. Matador’s initiative reflects increasing institutional confidence in Bitcoin’s role as a long-duration asset in corporate treasuries.
$BTC #WriteToEarnUpgrade #BTCVSGOLD #Metador #BinanceSquareFamily
{spot}(BTCUSDT)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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