Matador Technologies Lays the Financial Rails for Aggressive Bitcoin Expansion
Canadian public firm Matador Technologies has taken a major step toward scaling its Bitcoin strategy after receiving approval for an 80 million CAD infrastructure prospectus from the Ontario Securities Commission.
The prospectus will remain valid for 25 months, giving Matador a flexible financing window to support its long-term capital plans — most notably, its push to significantly expand its Bitcoin holdings. The company currently holds around 175 BTC and has set an ambitious target of 1,000 BTC by the end of 2026.
CEO Deven Soni described the approval as a foundational move rather than a short-term funding event. By optimizing the company’s capital structure, the prospectus allows Matador to access capital quickly, efficiently, and opportunistically, without having to return to regulators for repeated approvals.
This strategy mirrors a growing trend among publicly listed companies
