Matador Technologies Provides Corporate Update Highlighting Accelerated Bitcoin Accumulation and Strengthened Capital Position
Globenewswire·2025-11-18 12:30

Core Insights - Matador Technologies Inc. has made significant progress in its strategic objectives, focusing on increasing Bitcoin per share and targeting ownership of approximately 1% of Bitcoin's total supply [2][3] Bitcoin Treasury Expansion - Matador's Bitcoin holdings have increased from approximately 20 BTC at the time of its qualifying transaction to about 175 BTC as of November 18, 2025, marking a 767% increase [3] - Bitcoin per share (BPS) rose from approximately 0.0000002 BTC per share to approximately 0.0000014 BTC per share, reflecting a 558% increase [3] Strategic Capital & Financing Progress - The company closed a USD $100 million secured convertible note facility with ATW Partners on November 10, 2025, enhancing its capacity for Bitcoin allocation [4] - In Q2 2025, Matador raised CAD $7.6 million through private placements, attracting institutional investors such as Arrington Capital and Bitcoin Opportunity Fund [5] - An amended CAD $500 million preliminary base-shelf prospectus was filed on October 8, 2025, allowing for potential equity or debt issuance over a 25-month period [6] Market Listings and Regulatory Filings - Since its qualifying transaction on December 10, 2024, Matador has completed 15 purchase transactions totaling approximately 155 BTC, bringing its total to about 175 BTC [7] - The company has achieved multiple market listings, including OTCQB on March 18, 2025, DTC eligibility with a ticker change to MATAF on April 28, 2025, and a Frankfurt Stock Exchange listing on June 3, 2025 [7][8] Infrastructure & Governance Enhancements - A Strategic Advisory Board was established on June 9, 2025, to support Bitcoin treasury operations, including notable members from the Bitcoin and finance sectors [10] - Matador has engaged third-party service providers for investor relations and marketing activities to enhance its corporate governance [10] HODL Systems Update - Matador is advancing its investment in HODL Systems, a digital asset treasury company in India, which is expected to strengthen its position in the Bitcoin treasury market [9][15]

Matador Technologies Provides Corporate Update Highlighting Accelerated Bitcoin Accumulation and Strengthened Capital Position - Reportify