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

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.