PANews reported on December 23 that, according to official BitcoinTreasuries news, Canadian publicly traded company Matador Technologies ($MATA) announced plans to raise $58 million to further increase its Bitcoin holdings. The company aims to hold 1,000 Bitcoins by the end of 2026.

Previously, it was reported that Matador revised the terms of its $100 million convertible bonds, with the first tranche of $10.5 million solely for the purchase of Bitcoin .