Matador Technologies Plans to Raise CAD 900 Million to Continue Buying Bitcoin

Bitcoin ecosystem company Matador Technologies has filed a prospectus with the securities commissions in all Canadian provinces except Quebec, disclosing its intention to offer and issue common shares, debt securities, warrants, subscription receipts, etc., from time to time over a period of 25 months, with a proposed total fundraising of up to CAD 900,000,000. This funding is intended for future growth opportunities and continued strategic acquisitions of Bitcoin and Bitcoin treasury asset accumulation. (Globenewswire) [Odaily Planet Daily News]