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Matador Technologies receives $100 million in funding to buy more Bitcoin

By: odaily.com|2025/07/23 13:31:54

Odaily News Canadian listed company Matador Technologies has received $100 million in financing to purchase more Bitcoin.
As previously reported, Matador Technologies announced that its board of directors has approved a long-term Bitcoin acquisition strategy plan to accumulate up to 6,000 Bitcoins by 2027, and a medium-term goal of accumulating 1,000 BTC by 2026. Matadors long-term goal is to hold 1% of the Bitcoin supply and become one of the top 20 corporate holders in the world.

Nature's Miracle Market Cap currently stands at $7.09 million.

Analysis: The massive ETH queue for withdrawals may be related to the Aave's sudden drop in Ethereum supply, and if worsens, it could result in stETH becoming unpegged.