bitcoin
Bitcoin (BITCOIN)
$120,256 1.57%
ethereum
Ethereum (ETHEREUM)
$3,600 7.69%
binancecoin
BNB (BINANCECOIN)
$741.11 4.39%
solana
Solana (SOLANA)
$181.77 6.42%
ripple
XRP (RIPPLE)
$3.59 17.63%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000015 6.18%
pepe
Pepe (PEPE)
$0.000014 3.71%
bonk
Bonk (BONK)
$0.000036 -4.63%
bitcoin
Bitcoin (BITCOIN)
$120,256 1.57%
ethereum
Ethereum (ETHEREUM)
$3,600 7.69%
binancecoin
BNB (BINANCECOIN)
$741.11 4.39%
solana
Solana (SOLANA)
$181.77 6.42%
ripple
XRP (RIPPLE)
$3.59 17.63%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000015 6.18%
pepe
Pepe (PEPE)
$0.000014 3.71%
bonk
Bonk (BONK)
$0.000036 -4.63%
bitcoin
Bitcoin (BITCOIN)
$120,256 1.57%
ethereum
Ethereum (ETHEREUM)
$3,600 7.69%
binancecoin
BNB (BINANCECOIN)
$741.11 4.39%
solana
Solana (SOLANA)
$181.77 6.42%
ripple
XRP (RIPPLE)
$3.59 17.63%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000015 6.18%
pepe
Pepe (PEPE)
$0.000014 3.71%
bonk
Bonk (BONK)
$0.000036 -4.63%
Disclosure
Cryptocurrency trading is speculative and your capital is at risk when you trade. We may earn affiliate commissions from some of the products on this page - at no extra cost to you.
Matador Technologies Plans to Buy 6,000 Bitcoin as Part of Long-Term Strategy

Highlights:

  • Matador aims to acquire 6,000 BTC by 2027, targeting 1% total supply.
  • The company secured TSXV approval and also filed a CAD 900M plan to fund Bitcoin purchases.
  • Matador joins global firms using Bitcoin as a hedge against inflation and currency devaluation.

The Canadian blockchain and Bitcoin technology firm Matador Technologies announced on Wednesday its strategic plan to acquire as many as 6,000 Bitcoins by the year 2027. As part of this roadmap, the company has set an interim milestone of reaching 1,000 BTC by 2026. The company presently holds 77.4 BTC, valued at approximately $9 million based on current market rates. Its long-term objective is to secure 1% of Bitcoin’s total supply and rank among the top 20 corporate holders worldwide.

Advertisement

Banner

Matador Secures Approval and Funding Path

Matador Technologies CEO Deven Soni shared that BTC is at the center of the company’s strategy. He explained that this focus goes beyond simply holding BTC, covering infrastructure and operations connected to the broader Bitcoin ecosystem. He added that achieving their plans will depend on funding, market trends, and regulatory clearance.

On July 14, Matador filed documents to raise up to 900 million Canadian dollars (about 656 million U.S. dollars) over the next 25 months. This gives the company permission to raise money when needed, instead of all at once. They may use different ways to get the funds, such as selling company shares, borrowing money, selling some assets, using Bitcoin as loan collateral, or partnering with other companies. The money will help Matador buy more Bitcoin over time.

In early July, Matador got the green light from Canada’s TSX Venture Exchange to shift its business model. The approval lets the company operate as a hybrid technology and investment issuer, helping support its long-term Bitcoin treasury strategy. 

Matador Joins Global Shift as Public Firms Embrace Bitcoin for Long-Term Stability

Matador Technologies’ Chief Visionary Officer, Mark Moss, shared that the company sees Bitcoin as a valuable asset because of its fixed supply and global accessibility. He noted that their future accumulation strategy is aimed at bringing long-term stability to the company’s balance sheet while helping to reduce the risks tied to inflation. However, he added that their plans depend on available funding, market conditions, and regulatory approval.

Matador is now part of a growing number of public companies that are adopting multi-year strategies to accumulate Bitcoin. Across the world, more firms are turning to Bitcoin as a reserve asset to guard against inflation and the falling value of traditional currencies. Michael Saylor’s company is now the largest corporate Bitcoin holder, with $71 billion in BTC assets. According to data from BitcoinTreasuries.NET, both public and private firms together now hold about 1.15 million BTC. This total is valued at approximately $136 billion and accounts for nearly 6% of all BTC currently in circulation.

Bitcoin was priced near $118,834 at the time of writing, reflecting a 1% gain over the last 24 hours. This surge came as broader market momentum pushed several leading cryptocurrencies higher. Over the same period, the global crypto market capitalization climbed by 2.08%, reaching a total of $3.88 trillion.

eToro Platform

Best Crypto Exchange

  • Over 90 top cryptos to trade
  • Regulated by top-tier entities
  • User-friendly trading app
  • 30+ million users
9.9

5 Stars

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.

Advertisement

Banner

Advertisement

Banner

Advertisement

Banner