[Block Rhythm] Another listed company is accelerating its accumulation of BTC. Canadian listed company Matador Technologies has announced an ambitious plan - to raise 58 million USD specifically to increase its holdings of Bitcoin, with the expectation of reaching a BTC reserve of 1000 coins by the end of 2026.
What does this move reflect? It is actually that more and more institutional investors and publicly listed companies are starting to treat BTC as a strategic asset. From Tesla and MicroStrategy to now Matador, this trend of hoarding coins has not faded, but rather is gradually expanding.
It is worth noting that this is not a trivial matter. The financing scale of 58 million USD and the target holding level of 1,000 BTC both indicate the confidence of these listed companies in the long-term value of Bitcoin. Driven by large-scale purchases from institutions, the supply and demand pattern in the market is quietly changing. For investors who pay attention to the movements of on-chain large holders and institutional holdings, this kind of information often provides significant market signals.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
5
Repost
Share
Comment
0/400
MetaMisfit
· 12-23 09:47
Institutions are madly hoarding coins, what does this imply?
---
Another listed company enters a position, targeting 1,000 BTC by 2026, this pace is really fast.
---
$58 million get dumped just to hoard coins, these institutions really have faith in this.
---
From Musk to MicroStrategy and now, it feels like TradFi has started to compromise.
---
The change in supply and demand dynamics is correct; retail investors are still hesitating, while institutions are already placing heavy bets.
---
1,000 BTC sounds like a lot, but in the entire market, it's actually not that much; the key is this signal.
---
I don't know if it's true faith or just a lack of places to put money, but anyway, buying is all that matters.
---
When will this wave of coin hoarding end? It feels like it will continue.
---
Listed companies are starting to openly hoard coins; does regulation really have no objections?
---
Speaking of which, I had never heard of the company Matador before, and now it's famous for hoarding BTC.
View OriginalReply0
ser_we_are_ngmi
· 12-23 09:47
It's another Coin Hoarding story, but this time the number is indeed substantial, with 58 million dollars get dumped...
View OriginalReply0
GasFeeAssassin
· 12-23 09:45
The institutions are really betting on supply scarcity with this move, and the goal of 1000 BTC indicates that they truly believe in this trap.
View OriginalReply0
Tokenomics911
· 12-23 09:20
The institutions have started to buy the dip, and the supply is really going to tighten up.
View OriginalReply0
VibesOverCharts
· 12-23 09:20
Another listed company getting on board? I’m just watching to see who can still smile in the Coin Hoarding battle by 2026...
But on the other hand, institutions are really starting to take BTC seriously, this feels different.
Matador's move is quite bold, 1000 coins are not to be taken lightly.
Canadian listed company Matador raised $58 million, aiming to hold 1,000 BTC by the end of 2026.
[Block Rhythm] Another listed company is accelerating its accumulation of BTC. Canadian listed company Matador Technologies has announced an ambitious plan - to raise 58 million USD specifically to increase its holdings of Bitcoin, with the expectation of reaching a BTC reserve of 1000 coins by the end of 2026.
What does this move reflect? It is actually that more and more institutional investors and publicly listed companies are starting to treat BTC as a strategic asset. From Tesla and MicroStrategy to now Matador, this trend of hoarding coins has not faded, but rather is gradually expanding.
It is worth noting that this is not a trivial matter. The financing scale of 58 million USD and the target holding level of 1,000 BTC both indicate the confidence of these listed companies in the long-term value of Bitcoin. Driven by large-scale purchases from institutions, the supply and demand pattern in the market is quietly changing. For investors who pay attention to the movements of on-chain large holders and institutional holdings, this kind of information often provides significant market signals.