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Matador Technologies has secured a $100 million funding round to acquire more Bitcoin

By: theblockbeats.news|2025/07/23 13:52:18

BlockBeats News, July 23rd, Canadian publicly traded company Matador Technologies secured a $100 million funding commitment to purchase more Bitcoin.

BlockBeats previously reported that the board of directors of Canadian publicly traded company Matador Technologies Inc approved a long-term Bitcoin acquisition strategy to expand Matador's Bitcoin reserves, making the company a significant corporate BTC holder. Matador has filed a preliminary short form base shelf prospectus to provide financing flexibility over the next 25 months to accumulate up to 6,000 bitcoins by 2027 or earlier.

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