Matador Technologies to Raise $58 Million to Buy Bitcoin, Targeting 1,000 BTC by 2026

BTC

BTC/USDT

$71,354.77

+3.55%

$71,354.77

+3.55%

(24s)

24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short

65.5%

Long: 65.5%Short: 34.5%

Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$71,351.87

▲ 2.98%

Volume (24h): -

Resistance Levels

Resistance 3$79,008.03

Resistance 2$75,548.63

Resistance 1$72,179.52

Price$71,351.87

Support 1$70,589.27

Support 2$67,300.00

Support 3$62,909.86

Pivot (PP):$70,598.27

Trend:Downtrend

RSI (14):35.3

COINOTAG News, citing BitcoinTreasuries.NET on December 23, reports that Matador Technologies (MATA), a Canadian-listed company, is pursuing a capital raise of about $58 million to expand its Bitcoin holdings.

The plan intends to fund additional BTC acquisitions with a target to own roughly 1,000 BTC by the end of 2026, signaling a disciplined cryptocurrency investment approach and a long-hold reserve strategy.

Industry observers view this move as indicative of increasing institutional-style appetite for digital assets among publicly traded firms, with potential implications for capital allocation, governance, risk reporting, and transparency within the crypto sector.

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