2D
...
Bitcoin solutions firm Matador Technologies has revealed plans to buy up to 6,000 BTC by 2027. The Canadian company currently holds 77.4 BTC valued at around $9 million and has set a near-term goal of acquiring 1,000 BTC by 2026. Matador aims to become one of the top 20 corporate Bitcoin holders globally.
The company has filed a CA$900 million ($656 million) shelf prospectus to fund its Bitcoin strategy over the next 25 months. It will use various funding tools including equity offerings Bitcoin-backed credit and strategic acquisitions. TSX Venture Exchange approved its shift to a hybrid technology and investment firm.
Matador’s compounding flywheel strategy focuses on growing Bitcoin per share creating Bitcoin-based revenue and partnering with crypto infrastructure projects. Despite the news the company’s stock dropped 4.65% on Wednesday but remains up 37% in 2025. Corporate treasuries now hold 1.15 million BTC worth $136 billion or nearly 6% of total supply.
