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I heard that a publicly listed Bitcoin asset company in Canada, Matador Technologies, recently received financing approval. The company plans to raise 80 million Canadian dollars through the issuance of common shares, warrants, and bonds, mainly to increase its Bitcoin holdings.
Currently, they hold 175 Bitcoins, and their ambitions are quite large—they plan to expand their holdings to 1,000 coins by the end of 2026. At this rate, it means that over the next two years, they aim to nearly sextuple their Bitcoin assets. Against the backdrop of institutional investors continuing to be optimistic about the long-term prospects of Bitcoin, the moves of these publicly listed asset allocation companies are still quite worth paying attention to.