Matador Technologies, a Canadian public company expanding its Bitcoin treasury through recent financing deals, increased its Bitcoin holdings by 92 BTC today.

The acquisition reinforces Matador’s position at number 91 on the Bitcoin 100 Ranking, which tracks corporate Bitcoin holdings. The company recently closed a financing facility with an investment partner to enable further Bitcoin acquisitions, emphasizing execution in the current market.

Matador raised capital via convertible notes specifically to purchase additional Bitcoin, signaling a commitment to treasury diversification. The move aligns with a broader trend of public companies incorporating Bitcoin into their balance sheets for long-term value preservation.