Canadian listed company Matador Technologies plans to raise 900 million Canadian dollars to continue increasing its Bitcoin assets

According to ChainCatcher news, as reported by Globenewswire, the Bitcoin ecosystem company Matador Technologies has submitted a prospectus to the provincial securities regulators across Canada, excluding Quebec, intending to phase the sale of various securities including common shares, debt securities, warrants, and subscription receipts over the next 25 months, with a planned financing of up to 900 million Canadian dollars. The raised funds will be used to drive future growth, strategically acquire Bitcoin assets, and expand Bitcoin treasury reserves.

Previous report, Matador Technologies has a total holding of 77 Bitcoins.