The Canadian blockchain firm aims to significantly increase its Bitcoin holdings under a board-approved treasury strategy, targeting 1% of the total Bitcoin supply.
Matador Technologies has announced plans to acquire up to 6,000 Bitcoin by 2027, with an interim goal of holding 1,000 BTC by the end of 2026. Currently holding 77.4 BTC, the company has filed a CAD $900 million base shelf prospectus to finance this initiative through various methods, including equity offerings and Bitcoin-backed credit facilities. Matador aims to become one of the top 20 corporate Bitcoin holders globally, positioning itself amid a growing trend of institutional Bitcoin adoption.