Matador Technologies, a Bitcoin treasury company on the Toronto Stock Exchange, has unveiled a significant capital raise to accelerate its cryptocurrency holdings strategy. The firm secured an equity distribution agreement with ATB Cormark Capital Markets to issue $30 million in common shares at prevailing market prices, according to Foresight News.
The fundraising initiative directly supports Matador's ambitious goal to accumulate 1,000 Bitcoins by the end of 2026. Under the equity distribution framework, shares will be distributed to public investors through appointed agents, enabling the co