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Matador Approved to Raise $58M for Potential Bitcoin Treasury Growth to 1,000 BTC

Matador Approved to Raise $58M for Potential Bitcoin Treasury Growth to 1,000 BTC

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CoinOtag logoCoinOtagDecember 24, 20251 min read
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The Ontario Securities Commission has approved Matador Technologies to raise up to $58.4 million through various securities to bolster its Bitcoin treasury. The firm, which currently holds 175 BTC valued at $15.3 million, aims to accumulate 1,000 Bitcoin by the end of 2026, focusing on long-term growth in Bitcoin per share. Regulatory Approval: Ontario Securities [...]

ued at $15.3 million, aims to accumulate 1,000 Bitcoin by the end of 2026, focusing on long-term growth in Bitcoin per share. Regulatory Approval: Ontario Securities [...]