Matador Bets Big: 6,000 BTC Purchase Could Propel It Into Crypto’s Top 20 by 2027
Another whale enters the arena—Matador just signaled a 6,000 BTC buy-in, aiming to muscle into the top 20 crypto players by 2027. Because nothing says 'trust the system' like a nine-figure gamble on decentralized money.
Why this matters: When institutional players start hoarding Bitcoin like it's 2021 all over again, retail investors get that familiar FOMO itch. Matador's move isn't just a trade—it's a power play in an industry where 'market cap' often means 'how long until the next correction.'
The cynical take: Watch the suits finally understand HODLing—right as regulators start circling. Nothing accelerates crypto adoption like old-school finance realizing they're late to the party.
Canadian Firm Plans Major Bitcoin Purchase
Matador Technologies, a public company based in Canada, says it plans to grow its Bitcoin holdings to 6,000 BTC by 2027. The firm has also set a near-term goal of owning 1,000 BTC by 2026. The announcement marks a shift in pace for its crypto strategy.
$MATA Board just green-lit our long-term #Bitcoin treasury strategy!
1,000 BTC by 2026 | 6,000 BTC by 2027
Goal: own ~1 % of Bitcoin’s fixed supply
Current stash ≈ 77.4 BTC
BTC-denominated products → more BTC on the balance sheet
Matador Technologies — shaping…
— Matador Technologies (@buymatador) July 16, 2025
At present, Matador holds 77.4 BTC, which is worth roughly $9 million at today’s prices. Its long-term goal is to hold 1% of Bitcoin’s total supply. If reached, this would place the company among the top 20 corporate bitcoin holders worldwide. CEO Deven Soni said the company is built around Bitcoin.
“Our business is structured around Bitcoin as a Core asset,” he stated.
New Filing Supports Treasury Growth
To support its plans, Matador filed a CA$900 million shelf prospectus on July 14. The filing will let the company raise funds over the next 25 months. Capital may come from equity offerings, convertible deals, asset sales, Bitcoin-backed loans, or new partnerships.
Earlier this month, Matador received final approval from the TSX Venture Exchange to operate as a hybrid “technology/investment issuer.” This change gives the company more room to develop a Bitcoin-focused strategy while still working on blockchain-related projects.
Strategy Focused on BTC Accumulation
The company has described its approach as a “compounding flywheel” strategy. It includes growing its Bitcoin holdings, increasing BTC-per-share value, and using market volatility and synthetic mining to build yield. The plan also includes creating BTC-based revenue streams and working with DeFi and crypto infrastructure firms.
Mark Moss, the company’s chief visionary officer, said the approach is aimed at long-term strength.
“Our future plans to accumulate Bitcoin are designed to establish long-term stability on our balance sheet while reducing exposure to inflationary risk,” he said.
Matador’s plans come during a rise in corporate Bitcoin ownership. Public and private companies now hold an estimated 1.15 million BTC. That total is around 6% of the current supply. Meanwhile, Strategy continues to lead with the largest BTC treasury, now worth more than $73 billion.
Despite the announcement, Matador’s stock fell 4.65%, per Google Finance. Still, its shares remain up 37% since the beginning of the year.
