Matador Sets Sights on 6,000 BTC, Plans $656M Funding Push
Canadian tech firm Matador Technologies is charting a bold course to accumulate 6,000 Bitcoin by 2027, aiming to become one of the world’s top 20 corporate Bitcoin holders. The Toronto-based company laid out its ambitious treasury strategy this week, anchoring Bitcoin at the core of its long-term business model.
Currently holding 77.4 BTC worth roughly $9 million, Matador’s goal represents a massive leap — targeting 1% of Bitcoin’s total supply.
“Our business is structured around Bitcoin as a core asset,” said Deven Soni, CEO of Matador Technologies, underlining that this strategy goes beyond simple treasury moves to include infrastructure and operational integration.
$656 Million Prospectus to Fund Bitcoin Expansion
To finance the plan, Matador filed a CA$900 million ($656 million USD) shelf prospectus on July 14, allowing it to raise capital through various instruments over the next 25 months. These include:
-
At-the-market equity offerings
-
Convertible financings
-
Bitcoin-backed credit facilities
-
Strategic acquisitions or partnerships
-
Asset divestitures
The firm also secured final approval from the TSX Venture Exchange for a change of business designation to a hybrid “technology/investment issuer” earlier this month.
Flywheel Strategy and Treasury Yield
Matador’s plan revolves around a “Bitcoin-compounding flywheel” strategy, combining:
-
Strategic Bitcoin accumulation
-
Treasury yield generation via volatility capture and synthetic mining
-
Development of real-world Bitcoin-revenue applications
-
Partnerships with crypto infrastructure and DeFi projects
“Our plans are designed to provide long-term balance sheet stability and reduce inflationary risk,” added Mark Moss, Chief Visionary Officer.
Market Reaction and Industry Context
Despite the major announcement, Matador’s stock price fell 4.65% on Wednesday, according to Google Finance. However, the stock is still up nearly 37% year-to-date, signaling underlying investor confidence in the long-term vision.
The move comes amid rising momentum in Bitcoin treasury strategies. Companies are increasingly following the path laid by Michael Saylor’s MicroStrategy, which holds $71 billion in BTC. Currently, public and private firms collectively control 1.15 million BTC, worth $136 billion — or nearly 6% of the circulating supply, according to BitcoinTreasuries.NET.
Corporate Bitcoin Holdings on the Rise
Source: BitcoinTreasuries.NET
Caption for image to be inserted here: “BTC held in all corporate treasuries globally as of July 2025.”
As more firms adopt Bitcoin as a hedge against inflation and fiat instability, Matador’s aggressive blueprint could position it as a major player in digital asset finance — if it meets its 6,000 BTC target within the next 30 months.
Share This
