By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
bitcoin
Bitcoin (BTC) $ 66,557.00
ethereum
Ethereum (ETH) $ 1,952.48
xrp
XRP (XRP) $ 1.37
tether
Tether (USDT) $ 0.999244
solana
Solana (SOL) $ 79.03
bnb
BNB (BNB) $ 608.48
usd-coin
USDC (USDC) $ 0.999811
dogecoin
Dogecoin (DOGE) $ 0.092564
cardano
Cardano (ADA) $ 0.263058
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
tron
TRON (TRX) $ 0.278637
chainlink
Chainlink (LINK) $ 8.41
avalanche-2
Avalanche (AVAX) $ 8.84
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 76,243.00
wrapped-steth
Wrapped stETH (WSTETH) $ 2,779.67
the-open-network
Toncoin (TON) $ 1.39
stellar
Stellar (XLM) $ 0.155724
hedera-hashgraph
Hedera (HBAR) $ 0.092462
sui
Sui (SUI) $ 0.911031
shiba-inu
Shiba Inu (SHIB) $ 0.000006
weth
WETH (WETH) $ 2,268.37
leo-token
LEO Token (LEO) $ 8.15
polkadot
Polkadot (DOT) $ 1.27
litecoin
Litecoin (LTC) $ 52.95
bitget-token
Bitget Token (BGB) $ 2.35
bitcoin-cash
Bitcoin Cash (BCH) $ 511.03
hyperliquid
Hyperliquid (HYPE) $ 30.89
usds
USDS (USDS) $ 0.999291
uniswap
Uniswap (UNI) $ 3.29
cryptoprune cryptoprune
  • MarketCap
  • Crypto Bubbles
  • Multi Currency
  • Evaluation
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • NFT
    • Solana
  • Market
  • Mining
  • Exchange
  • Regulation
  • Metaverse
Crypto PruneCrypto Prune
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • NFT
    • Solana
  • Market
  • Mining
  • Exchange
  • Regulation
  • Metaverse

Search

  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • NFT
    • Solana
  • Market
  • Mining
  • Exchange
  • Regulation
  • Metaverse

Latest Stories

The SEC is already preparing a cryptocurrency classification guide tailored to Clarity
The SEC is already preparing a cryptocurrency classification guide tailored to Clarity
image
Singapore Gulf Bank launches virtual account to reduce payment delays
Despite scary headlines, Bitcoin price is expected to bottom near $50,000 due to recession fears
Despite scary headlines, Bitcoin price is expected to bottom near $50,000 due to recession fears
Bitcoin
Bitcoin hoarding may continue with new preferred stock plan: Strategic CEO
Coinbase launches new wallet for AI agents
Coinbase launches new wallet for AI agents
© 2025 All Rights reserved | Powered by Crypto Prune
Crypto Prune > News > Crypto > Bitcoin > The Canada-based tech company has approved a financial strategy aimed at collecting 6,000 bitcoins! Details here
Bitcoin

The Canada-based tech company has approved a financial strategy aimed at collecting 6,000 bitcoins! Details here

7 months ago 2 Min Read

Canada-based company Matador Technologies has announced that its board has approved a long-term Bitcoin accumulation strategy.

Matador Technologies confirms its financial strategy aimed at collecting 6,000 Bitcoins by 2027

The company’s ultimate goal is to reach 6,000 BTC by 2027 and become one of the top 20 institutions of Bitcoin holders in the world.

The company currently holds 77.4 BTC and its assets equivalent. As part of the new strategy, a plan has been created to accumulate 1,000 BTC by 2026 and 6,000 BTC by 2027. The board described these goals as “deterministic but predictive,” emphasizing the lack of financial commitment.

Matador calculated that if the fund is fully acquired with Bitcoin under the current CAD 900 million shelf allowance, it could acquire around 5,934 BTC with an average CAD 151,659.

The total is projected to reach approximately 6,011 BTC, including existing assets. This scenario coincides with the company’s 2027 target. However, please note that these calculations are for illustrative purposes only.

The company says additional Bitcoin purchases are subject to a variety of factors, including funding opportunities, market conditions and regulatory approvals. He also said that price and timing will be taken into consideration with the aim of maximizing Bitcoin (BPS) value per share.

Matador operates with the goal of maintaining a strong capital structure during this period. There is no guarantee that funding options will be available under favorable terms.

The announcement illustrates the arrival of Matador among companies adopting digital asset strategies at the institutional level. The company has identified its long-term vision of acquiring a 1% stake in its Bitcoin supply. This is a move to further strengthen institutional interest in the sector.

See also  Bitcoin priced under $116,000 after the White House releases its digital asset report

*This is not investment advice.

TAGGED:BitcoinBitcoin News
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RELATED NEWS

Bitcoin

It’s not just “just advertisers” – Bitcoin has real value, says British politicians

By Crypto Prune 7 months ago
image

Bitcoin “short strang” is preferred because market signals show close calmness: 10 times more research

By Crypto Prune 6 months ago
NC's $127 billion pension faces Bitcoin votes

NC’s $127 billion pension faces Bitcoin votes

By Crypto Prune 10 months ago
image

Bitcoin (BTC) price analysis on November 8th

By Crypto Prune 3 months ago
cryptoprune

© 2025 All Rights reserved | Powered by Crypto Prune

  • Altcoins
  • Bitcoin
  • Blockchain
  • Cardano
  • Ethereum
  • Exchange
  • Market
  • Metaverse
  • Mining
  • News
  • Crypto
  • NFT
  • Solana
  • Regulation
  • Technology
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?