
Matador Aims to Buy 6,000 BTC, Eyes Top 20 Spot by 2027
TL;DRCanadian Firm Plans Major Bitcoin PurchaseMatador Technologies, a public company based in Canada, says it plans to grow its Bitcoin holdings to 6,000 BTC by 2027. The firm has also set a near-term goal of owning 1,000 BTC by 2026. The announcement marks a shift in pace for its crypto strategy.$MATA Board just green-lit our long-term #Bitcoin treasury strategy! 1,000 BTC by 2026â|â6,000 BTC by 2027 Goal: own ~1 % of Bitcoinâs fixed supply Current stash â 77.4 BTC BTC-denominated products â more BTC on the balance sheetMatador Technologies â shapingâŚâ Matador Technologies (@buymatador) July 16, 2025At present, Matador holds 77.4 BTC, which is worth roughly $9 million at todayâs prices. Its long-term goal is to hold 1% of Bitcoinâs total supply. If reached, this would place the company among the top 20 corporate Bitcoin holders worldwide. CEO Deven Soni said the company is built around Bitcoin.âOur business is structured around Bitcoin as a core asset,â he stated.New Filing Supports Treasury GrowthTo support its plans, Matador filed a CA$900 million shelf prospectus on July 14. The filing will let the company raise funds over the next 25 months. Capital may come from equity offerings, convertible deals, asset sales, Bitcoin-backed loans, or new partnerships.Earlier this month, Matador received final approval from the TSX Venture Exchange to operate as a hybrid âtechnology/investment issuer.â This change gives the company more room to develop a Bitcoin-focused strategy while still working on blockchain-related projects.Strategy Focused on BTC AccumulationThe company has described its approach as a âcompounding flywheelâ strategy. It includes growing its Bitcoin holdings, increasing BTC-per-share value, and using market volatility and synthetic mining to build yield. The plan also includes creating BTC-based revenue streams and working with DeFi and crypto infrastructure firms.Mark Moss, the companyâs chief visionary officer, said the approach is aimed at long-term strength.âOur future plans to accumulate Bitcoin are designed to establish long-term stability on our balance sheet while reducing exposure to inflationary risk,â he said.Matadorâsplanscome during a rise in corporate Bitcoin ownership. Public and private companies now hold an estimated 1.15 million BTC. That total is around 6% of the current supply. Meanwhile, Strategy continues toleadwith the largest BTC treasury, now worth more than $73 billion.Despite the announcement, Matadorâs stock fell 4.65%, per Google Finance. Still, its shares remain up 37% since the beginning of the year.