Matador Technologies aims to acquire 6,000 Bitcoin by 2027, with a CAD $900 million prospectus to finance its ambitious strategy, enhancing its position among corporate holders.
Matador Technologies Inc. plans to acquire up to 6,000 Bitcoin by 2027, targeting 1,000 BTC by 2026. Currently holding 77.4 BTC, the company aims for 1% of Bitcoin's total supply. It has filed a CAD $900 million base shelf prospectus to raise capital through various means. CEO Mark Moss stated the strategy focuses on long-term stability and inflation risk reduction, aligning with broader trends of corporate Bitcoin adoption.