The Canadian listed company Matador raised 58 million USD to buy coins, aiming to hold 1000 BTC by the end of next year.

2025-12-23 09:02:08

[Block Rhythm] Canadian listed company Matador Technologies has recently made big moves. They plan to raise $58 million specifically to buy more BTC. And it's not just a small play - the company's goal is quite clear, preparing to hold 1,000 Bitcoins by the end of 2026. After this funding injection, the company's ambition in crypto asset allocation is indeed significant. From the scale of financing and the holdings target, institutional investors' confidence in the long-term value of BTC remains strong.

BTC-0.48%

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GasWaster

· 8h ago

$58 million worth of coins swept, this guy really has guts. 1,000 BTC by the end of next year? That's a bit crazy haha

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PseudoIntellectual

· 15h ago

58 million invested just to hoard Bitcoin, this company has really bet on it, it seems that institutions are still confident that BTC can rise.

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LadderToolGuy

· 12-23 09:29

58 million dollars in coin purchases, institutions are really starting to pave the way, the target of 1000 BTC is not just a joke.

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MintMaster

· 12-23 09:25

$58 million piled into 1,000 BTC, this pace is a bit fierce, institutions are starting to buy coins like crazy.

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CompoundPersonality

· 12-23 09:20

$58 million get dumped just to Coin Hoarding, this takes real guts, do institutions really have such a bullish outlook?

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FlyingLeek

· 12-23 09:18

58 million to buy 1,000 Bitcoins? That calculates to 580,000 each... where can you find them this cheap now?

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Layer2Arbitrageur

· 12-23 09:13

lmao matador dropping $58m for 1k btc? that's like 580k per coin if they're averaging in linearly... actually wait, let me run the math real quick on those basis points. if they're not timing the market perfectly they're leaving mad value on the table ngl. institutions always do this the inefficient way smh

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BakedCatFanboy

· 12-23 09:03

58 million dollars worth of coins, that's quite bold, but this move by the institutions is betting that BTC will rise, right?

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