Canadian Bitcoin solutions company Matador Technologies has announced ambitious plans to accumulate up to 6,000 BTC by 2027, positioning itself as a major player in the corporate Bitcoin landscape. Currently, the firm holds 77.4 BTC, valued at approximately $9 million, and has set a nearer-term target of reaching 1,000 BTC by 2026.
Matador Files CA$900 Million Prospectus to Fund Bitcoin Purchases
To fuel its aggressive Bitcoin acquisition strategy, Matador has filed a CA$900 million (around $656 million) base shelf prospectus. The funds, raised over the next 25 months, will be used for Bitcoin purchases, strategic acquisitions, and operational growth. The company plans to leverage equity offerings, Bitcoin-backed credit, and partnerships with crypto infrastructure projects as part of its multi-faceted funding approach.
The TSX Venture Exchange recently approved Matador’s transition into a hybrid technology and investment company, which aligns with its long-term strategy of becoming a top 20 corporate Bitcoin holder globally.
Matador’s Bitcoin Flywheel Strategy and Market Position
Matador’s approach centers on a compounding Bitcoin flywheel, aiming to increase Bitcoin per share, generate Bitcoin-based revenue, and foster growth through strategic alliances. The goal is to build sustainable value through consistent accumulation and integration of Bitcoin into its business model.
Despite revealing its bold vision, the company’s stock dipped 4.65% on Wednesday, although it’s still up 37% year-to-date in 2025. This short-term pullback may reflect broader market volatility rather than concerns about the company’s strategy.
As of now, corporate treasuries worldwide hold an estimated 1.15 million BTC, valued at approximately $136 billion, accounting for nearly 6% of Bitcoin’s total supply. Matador’s plan to acquire 6,000 BTC would significantly increase its presence in this exclusive group of institutional Bitcoin holders.
