#Investing"
š Matador Technologies Targets 6,000 $BTC by 2027! š°
Canadian firm Matador Technologies (MATA) is making waves with its bold Bitcoin treasury strategy! š Aiming to own 1,000 BTC by 2026 and 6,000 BTC by 2027 (~1% of Bitcoinās total supply), Matador is eyeing a spot among the top 20 corporate Bitcoin holders globally.
š Key Details:
⢠Filed a CA$900M prospectus to fund its Bitcoin accumulation over 25 months.
⢠Current stash: 77.4 BTC (~$9M).
⢠Strategy: A ācompounding flywheelā with BTC accumulation, synthetic mining, and DeFi-linked revenue.
⢠CEO Deven Soni: āOur business is structured around Bitcoin as a core asset.ā
Despite a recent 4.65% stock dip, MATA is up 37% YTD. With corporate BTC holdings at ~1.15M $BTC globally, Matadorās move signals a growing trend! š