Canadian Bitcoin company Matador sets goal of holding 6,000 BTC by 2027

Matador Technologies, a Canadian publicly listed Bitcoin specialist
Technologies is aggressively pursuing a plan to secure up to 6,000 Bitcoin (BTC) by 2027
This represents approximately 1% of the total Bitcoin circulation, and the company aims to become one of the top 20 Bitcoin holders among listed companies worldwide.
Matador announced on the 17th (local time) that it has set an intermediate goal of securing 1,000 BTC by 2026, and will use this as a basis to launch a full-scale BTC project.
Matador's current holdings of BTC are 77.4, worth approximately $9 million.
"Our business is structured around Bitcoin as its core asset," said Soni, adding, "We will go beyond a simple financial strategy and align our infrastructure and operations with the Bitcoin ecosystem."
In order to implement this strategy, the company filed a shelf public offering (SPO) of 900 million Canadian dollars (approximately 606 million US dollars) with the Canadian financial authorities on the 14th.
The company has filed a Prospectus to secure various financing options over the next 25 months. The specific methods of financing include on-market share sales (ATM method), convertible bonds, asset sales, and
The plan is to utilize bitcoin-backed loans, strategic mergers and acquisitions, and partnerships. Matador has been listed as a “technology/investment hybrid” company by the TSX Venture Exchange in Canada.
The SEC received final approval to change the Bitcoin reserve strategy to “BTC Reserve Strategy.” This provides the institutional foundation for implementing the Bitcoin reserve strategy.
The company's core strategy is the "Bitcoin Compound Interest Flywheel"
This is summarized in the “BTC-equity-driving-flywheel” model, which aims to strategically accumulate BTC, maximize bitcoin earnings per share, and generate revenue by capturing volatility and generating revenue through synthetic mining.
This includes: △ Revenue generation through Bitcoin-based blockchain technology △ Development of real-world applications that generate revenue based on Bitcoin △ Cooperation with cryptocurrency infrastructure and DeFi projects.
Matador's Chief Visionary Officer, Mark Moss
Moss said, "Our future BTC accumulation strategy is aimed at reducing inflation risk and ensuring the long-term stability of our financial statements."
explained.