Matador Technologies Adopts Bitcoin-Focused Business Strategy
Canadian publicly traded firm Matador Technologies is pivoting to a Bitcoin-centered business model, according to Foresight News. The company’s revised strategy includes holding Bitcoin as a core asset, developing Bitcoin-native products, and reinvesting profits into additional BTC holdings.
As part of this transition, Matador has proposed changing its classification on the Toronto Stock Exchange Venture (TSXV) from a secondary technology issuer to a secondary technology/investment issuer under Policy 5.2. This reclassification would allow the company to expand its investment portfolio beyond Bitcoin to include tokenized real-world assets, Ordinals, #NFT s, #DeFi protocols, staking strategies, blockchain infrastructure, and other digital asset-based revenue models.
