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Cointelegraph by Brayden Lindrea

Matador cleared to sell CA$80M in securities to grow 1,000 BTC treasury target by 2026

Matador Technologies has been authorized by the Ontario Securities Commission to issue up to CA$80 million ($58.4 million) in securities over 25 months. The Bitcoin-focused firm plans to use the capital to expand its holdings from 175 BTC toward a 1,000 BTC treasury target by the end of 2026, even as its MATA shares fell 3.57% following the announcement.
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