Matador Aims to Buy 6,000 BTC, Eyes Top 20 Spot by 2027

Description

TL;DR Matador files CA$900M prospectus to fund its Bitcoin treasury strategy over the next two years. The company eyes a 6,000 BTC allocation and 1% of the total supply to become a major corporate Bitcoin holder. “Flywheel” strategy includes BTC accumulation, synthetic mining, and DeFi-linked revenue generation. Canadian Firm Plans Major Bitcoin Purchase Matador Technologies, a public company based in Canada, says it plans to grow its Bitcoin holdings to 6,000 BTC by 2027. The firm has also set ...