Matador Technologies Plans $900 Million Fundraising for Bitcoin Growth

According to Foresight News, Bitcoin ecosystem company Matador Technologies has filed a prospectus with securities commissions in all Canadian provinces except Quebec. The filing reveals plans to periodically offer and issue common shares, debt securities, warrants, and subscription receipts over the next 25 months, aiming to raise up to 900 million Canadian dollars. The funds are intended for future growth opportunities, ongoing strategic acquisitions of Bitcoin, and the accumulation of Bitcoin treasury assets.