Canadian listed company Matador Technologies has secured a financing limit of 100 million USD to purchase more Bitcoin

ChainCatcher news, Canadian listed company Matador Technologies has secured a financing limit of $100 million for the purchase of more Bitcoin.

According to previous reports, the board of directors of Canadian listed company Matador Technologies Inc has approved a long-term Bitcoin acquisition strategy, which will expand Matador's Bitcoin reserves, making the company a significant corporate BTC holder. Matador has submitted a preliminary short-form prospectus to provide financing flexibility over the next 25 months, aiming to accumulate up to 6,000 Bitcoins by 2027 or earlier.