Matador Submits $900 Million CAD Financing Plan, Intending to Use it to Expand Bitcoin Reserves

Canadian technology company Matador has filed a prospectus with securities commissions in all Canadian provinces except Quebec, seeking to raise up to CAD 900 million. The company plans to flexibly issue financial instruments such as common shares, debt securities, and warrants over the next 25 months to support its Bitcoin ecosystem strategy. [Wu Shuo]