BlockBeats news, on July 23, Canadian public company Matador Technologies obtained a financing limit of $100 million for purchasing more Bitcoin.
BlockBeats previously reported that the board of directors of Canadian public company Matador Technologies Inc. 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 to accumulate up to 6,000 Bitcoins by 2027 or earlier.
