{"id":57630,"date":"2025-12-24T09:26:32","date_gmt":"2025-12-24T02:26:32","guid":{"rendered":"https:\/\/hbbgroup.net\/bitcoin-treasury-matadors-58m-share-sale-approved-to-expand-holdings\/"},"modified":"2025-12-24T09:26:32","modified_gmt":"2025-12-24T02:26:32","slug":"bitcoin-treasury-matadors-58m-share-sale-approved-to-expand-holdings","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/bitcoin-treasury-matadors-58m-share-sale-approved-to-expand-holdings\/","title":{"rendered":"Bitcoin treasury Matador\u2019s $58M share-sale approved to expand holdings"},"content":{"rendered":"
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Bitcoin financial services firm Matador Technologies has received the regulatory green light to sell up to 80 million Canadian dollars ($58.4 million) worth of company shares, which it will use to help reach its goal of owning 1,000 Bitcoin by the end of 2026.<\/p>\n

Matador said<\/a> on Tuesday that the Ontario Securities Commission has permitted it to issue $58.4 million worth of common shares, warrants, subscription receipts, debt securities, or units over a period of 25 months.\u00a0<\/p>\n

Matador CEO Deven Soni said the firm is \u201cfocused on increasing Bitcoin per share over time\u201d and would \u201ccontinue to target a treasury balance of 1,000 Bitcoin by the end of 2026.\u201d<\/p>\n

Matador currently holds 175 Bitcoin (BTC<\/a>) worth $15.3 million, making it the 90th largest corporate Bitcoin holder, BitcoinTreasuries.NET data<\/a> shows.<\/p>\n

Matador\u2019s chief visionary, Mark Voss, said it would closely monitor Bitcoin\u2019s volatility and navigate the current market cycle to deploy capital at the most opportune times.\u00a0<\/p>\n

Source: <\/em>Matador Technologies<\/em><\/a><\/figcaption><\/figure>\n

Shares in Matador (MATA) fell on the news, closing Tuesday down 3.57%.<\/p>\n

More than 190 publicly traded companies<\/a> now hold Bitcoin on their balance sheets, continuing the trend of institutional Bitcoin adoption after spot Bitcoin exchange-traded funds<\/a> launched in the US last year.<\/p>\n

However, many companies that adopted Bitcoin buying strategies have seen their share prices slide as crypto markets retraced and the initial hype faded, prompting some analysts to question the long-term sustainability of Bitcoin treasury strategies<\/a>.<\/p>\n

Related: <\/strong><\/em>IMF says El Salvador in talks to sell state-run Chivo Bitcoin wallet<\/strong><\/em><\/a><\/p>\n

Some corporate Bitcoin holders have begun selling portions of their Bitcoin reserves<\/a> to meet balance-sheet obligations amid a tightening in market conditions.\u00a0<\/p>\n

Chip maker Sequans sold 970 BTC in early November to redeem outstanding convertible debt, backsliding on its goal to accumulate<\/a> 100,000 BTC over the next five years.<\/p>\n

Matador bought 175 BTC in first year of treasury<\/h2>\n

Matador builds products to help traditional finance firms enter the Bitcoin ecosystem and announced that it would become a Bitcoin treasury company<\/a> a year ago, on Dec. 23, 2024.<\/p>\n