$BTC Canadian Bitcoin firm Matador eyes 6K Bitcoin treasury by 2027
The Canadian Bitcoin firm wants to hold 1% of the total supply of BTC over the next few years.
Publicly traded Bitcoin solutions firm Matador Technologies says it is planning to buy up to 6,000 Bitcoin by 2027, in a significant acceleration of its Bitcoin buying strategy.
The Canadian blockchain and Bitcoin technology firm announced on Wednesday that it has an interim objective of buying 1,000 Bitcoin
$118,737
on or before 2026 and plans to develop a Bitcoin treasury strategy to accumulate 6,000 BTC by 2027.
The firm currently holds 77.4 BTC, worth around $9 million at current market prices. Its long-term goal is to hold 1% of the total supply and become a top 20 corporate Bitcoin holder globally.
