Matador Technologies aims to significantly increase its Bitcoin holdings through a $58 million funding round

2026-01-12 08:26:29

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Canadian exchange corporation Matador Technologies ($MATA) revealed an ambitious plan to further increase its bitcoin holdings. The company’s management intends to raise $58 million, marking a key step in the implementation of the company’s long-term investment strategy.

Goal: one thousand bitcoins before the end of the next decade

Matador Technologies has set a clear goal - to accumulate exactly 1000 bitcoins by the end of 2026. This ambitious endeavor demonstrates how seriously the company takes exposure to the largest cryptocurrency. Bitcoin purchases will be carried out consistently to maximize trading opportunities and current market prices.

Financing through convertible securities

The capital raising strategy is based on the issuance of convertible bonds. Matador previously announced a modification of the terms of convertible securities worth a total of $100 million. Of this amount, the first tranche, amounting to $10.5 million, will be dedicated solely to purchasing bitcoin on the market. This solution allows the company to manage capital flexibly while increasing exposure to digital assets.

This financing model is increasingly used by companies that want to build cryptocurrency reserves while providing investors with flexibility in converting bonds into shares.

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