TechFlow, December 23 — According to Globe Newswire, Matador Technologies, a Canadian publicly traded company, has received approval from the Ontario Securities Commission for an $80 million CAD base shelf prospectus. The prospectus is valid for 25 months and will support the company's Bitcoin accumulation strategy.
Matador currently holds approximately 175 bitcoins and plans to increase its holdings to 1,000 by the end of 2026. CEO Deven Soni said this move is a key step in strengthening the capital structure, providing the company with rapid and flexible access to capital.
Add to Favorites
Share to Social Media
