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Market One: Matador Technologies Feature on Barchart
TMX Newsfile· 2026-01-06 18:12
Toronto, Ontario--(Newsfile Corp. - January 6, 2026) - Matador Technologies Inc. (TSXV: MATA) (OTCQB: MATAF) (FSE: IU3) ("Matador" or the "Company"), the publicly traded Bitcoin ecosystem company, announced today that a feature article produced by Market One highlighting the Company's vision and growth strategy has been published on Barchart.The article provides an overview of how Matador scaled its Bitcoin holdings to 175 BTC (and equivalents) in under a year and has secured long-term financing to support ...
CORRECTION – Matador Technologies Inc. Announces Updated Terms of USD$100 Million Convertible Note Facility to Expand Bitcoin Holdings
Globenewswire· 2025-12-16 00:00
Core Viewpoint - Matador Technologies Inc. has announced a significant financing move through an amended secured convertible note facility to enhance its Bitcoin accumulation strategy, aiming to acquire up to 1,000 BTC by 2026 and ultimately hold approximately 1% of Bitcoin's total supply [2][4][5] Financing Details - The amended facility allows Matador to issue convertible notes totaling up to USD$100 million, with an initial tranche of USD$10.5 million [3][5] - The facility is exclusively designated for purchasing Bitcoin, with additional drawdowns available subject to regulatory approvals [3][5] - The investor, ATW Partners, can require the issuance of additional notes totaling up to USD$75 million, with a 5% commitment fee payable in cash [3][5] Strategic Objectives - The financing is part of Matador's long-term strategy to increase Bitcoin per share and reflects sustained institutional interest in its approach [4][5] - The company aims to build its Bitcoin holdings to 6,000 BTC by 2027 and rank among the top 20 corporate holders globally [5] Interest and Conversion Terms - The notes will bear an interest rate of 8% per annum, reducing to 5% after uplisting to NASDAQ or NYSE, with a potential increase to 18% in case of default [6][15] - The principal and interest can be converted into common shares, with a maximum of 19,842,083 shares issuable upon conversion [10][15] Institutional Partnership - ATW Partners is identified as a leading U.S.-based institutional investor focused on innovative growth-stage financing, enhancing Matador's capital structure [5][19] Recent Developments - Matador has proposed to invest in HODL Systems, securing up to a 24% ownership stake, which strengthens its position as a Bitcoin treasury company [19]
Matador Technologies Inc. Announces Closing of Convertible Note Facility to Expand Bitcoin Holdings
Globenewswire· 2025-11-10 12:30
Core Viewpoint - Matador Technologies Inc. has successfully closed the first tranche of a secured convertible note facility, raising USD$10.5 million to purchase Bitcoin for its balance sheet [1][2]. Financing Details - The facility allows for an additional USD$89.5 million in follow-on drawdowns, contingent on regulatory approvals and specified conditions [2]. - The convertible notes bear an interest rate of 8% per annum, which will decrease to 5% after Matador uplists to NASDAQ or NYSE [2]. - Interest on the notes can be paid in cash, added to the principal, or converted into common shares [3]. Conversion and Maturity - All principal and interest under the notes can be converted into common shares, with a maximum of 19,842,083 shares available at a conversion price of USD$0.529178304 (CAD$0.72) per share [4]. - The notes will mature on December 7, 2027 [4]. Placement Agent and Fees - Joseph Gunnar & Co., LLC acted as the placement agent, receiving a total of USD$787,500 in fees and 992,104 broker warrants [6]. Strategic Objectives - Matador aims to acquire up to 1,000 BTC by 2026 and build its holdings to 6,000 BTC by 2027, with a long-term goal of holding approximately 1% of Bitcoin's total supply [8]. - The company is also pursuing a 24% ownership stake in HODL Systems, enhancing its position in the Bitcoin treasury space [9]. Company Overview - Matador Technologies focuses on holding Bitcoin as its primary treasury asset and developing products to enhance the Bitcoin network, aiming for long-term shareholder value and capital efficiency [7].
X @THE HUNTER ✴️
GEM HUNTER 💎· 2025-11-03 14:15
Core Proposition - BOB aims to unlock Bitcoin's full potential by enabling DeFi, yield generation, and cross-chain functionality within the Bitcoin ecosystem [1] - The project combines Bitcoin's security with Ethereum's flexibility [1] - BOB positions Bitcoin as the foundational layer for the next wave of cryptocurrency innovation [1] Key Features - Users maintain control of their BTC assets [1]
Matador Engages Team Dyno Limited for Investor Relations Services
Globenewswire· 2025-10-30 21:00
Core Insights - Matador Technologies Inc. has entered into a consulting agreement with Team Dyno Limited for investor relations services, effective October 29, 2025, for a term of six months [1][2] - The partnership aims to enhance Matador's communication strategy and broaden its reach within the investment community [2] Company Overview - Matador Technologies Inc. is a publicly traded company focused on the Bitcoin ecosystem, primarily holding Bitcoin as its treasury asset and developing products to enhance the Bitcoin network [4] - The company has recently invested in HODL Systems, acquiring up to a 24% ownership stake, reinforcing its position as a leading Bitcoin treasury company [5] Compensation Details - In exchange for Dyno's services, Matador will pay a monthly cash fee of US$5,500 and grant 283,715 stock options, with a notional value of US$5,000 per month for 12 months, totaling US$60,000 [8]
Matador Technologies Inc. Provides U.S. Listing and Leadership Update
Globenewswire· 2025-09-29 11:30
Core Insights - Matador Technologies Inc. has confidentially submitted a draft registration statement on Form 20-F to the U.S. SEC for a potential listing on Nasdaq as part of its long-term capital markets strategy [1][2] - The filing of the registration statement is a significant step for issuers seeking to register securities, but it does not guarantee approval or provide a timeline for effectiveness [2] - CEO Deven Soni emphasized the company's intent to broaden access to global investors while adhering to its Bitcoin-native treasury model [2] Company Updates - Sunny Ray, the President of Matador, has left the company effective September 24, 2025, to pursue new opportunities, and the company is searching for a successor [3] - Matador Technologies Inc. focuses on holding Bitcoin as its primary treasury asset and developing products to enhance the Bitcoin network, aiming to drive long-term shareholder value without dilution [4] Strategic Investments - Matador has expanded its global presence by investing in HODL Systems, securing up to a 24% ownership stake, which reinforces its position as a leading Bitcoin treasury company [5] - The investment in HODL Systems highlights Matador's commitment to the global adoption of Bitcoin as a reserve asset [5]
X @Michaël van de Poppe
Michaël van de Poppe· 2025-09-03 12:30
Cryptocurrency Market Expansion - Bitcoin's ecosystem is expanding, indicating growth and diversification within the cryptocurrency space [1] - $PTB (Portal to Bitcoin) has started trading on multiple exchanges, suggesting increased accessibility and market presence [1] Portal to Bitcoin Ecosystem Fund - The Portal to Bitcoin Ecosystem Fund aims to enable anyone to create markets on Bitcoin, fostering decentralization [1] - The total funding for the Portal to Bitcoin Ecosystem is $92 million [1] - $50 million is allocated to the Ecosystem fund, supporting the development of the Bitcoin ecosystem [1] - The ecosystem promotes trading, swapping, or exchanging without intermediaries, emphasizing peer-to-peer transactions [1]
Canaan Inc. Reports Unaudited Second Quarter 2025 Financial Results
Prnewswire· 2025-08-14 11:00
Financial Performance - Total revenues for the second quarter of 2025 reached US$100.2 million, exceeding guidance and representing a 39.5% year-over-year increase [2][8] - Bitcoin mining revenues hit an all-time high of US$28.1 million, up 201.6% year-over-year, with 284 bitcoins mined at an average revenue of US$98,866 per bitcoin [3][10] - Gross profit surged to US$9.3 million, a significant turnaround from a gross loss of US$19.1 million in the same period last year [3][13] Operational Highlights - Total computing power sold was 6.4 million Terahash per second (TH/s), reflecting a 16.5% sequential increase and a 3.0% year-over-year rise [3][5] - The company's bitcoin treasury expanded to 1,511 bitcoins by July-end 2025, marking a strategic milestone in its long-term accumulation model [4][5] Strategic Initiatives - The company is focusing on core crypto businesses, including bitcoin mining machine sales and self-mining operations, while discontinuing its non-core AI semiconductor business unit [28][29] - A share repurchase program was authorized, allowing the company to repurchase up to US$30 million worth of its outstanding ADSs over six months, with US$2.4 million already utilized [32][34] Management Commentary - The CEO highlighted strong results amid macro headwinds, emphasizing proactive market expansion and solid execution [5] - The CFO noted solid sequential and year-over-year improvements, driven by higher average selling prices and increased computing power sold [6] Future Outlook - For the third quarter of 2025, the company expects total revenues to be in the range of US$125 million to US$145 million, reflecting near-term market conditions [38]
Matador Technologies Highlights Recent Conference Participation and Upcoming Industry Engagements
GlobeNewswire News Room· 2025-08-06 11:30
Core Insights - Matador Technologies Inc. is actively engaging with the Bitcoin and digital asset community through participation in various industry conferences and events throughout 2025 [2][3][4]. Recent Conference Attendance - Matador has attended several key events, including Consensus 2025, Bitcoin 2025 Conference, and Blockchain and Digital Assets Virtual Investor Conference, to connect with industry leaders and investors [4][5]. - The company aims to strengthen relationships across capital markets and the Bitcoin community through these engagements [3][4]. Upcoming Industry Engagements - Future events include Learning Bitcoin 2025, Economic Times World Leaders Forum 2025, and Bitcoin Asia 2025, which will focus on various aspects of Bitcoin and digital assets [5]. - The company is committed to building real-world infrastructure for Bitcoin, enhancing its usability and accessibility [6]. Strategic Initiatives - Matador is focused on holding Bitcoin as its primary treasury asset and developing products to enhance the Bitcoin network [7]. - The company has proposed an investment in HODL Systems, securing up to a 24% ownership stake, which reinforces its position in the Bitcoin treasury space [8]. Company Vision - Matador's strategy emphasizes strategic Bitcoin accumulation, product development, and participation in digital asset infrastructure to drive long-term shareholder value [7][9].
Matador Technologies Receives Final Approval for Change of Business – Clearing the Way for Bitcoin Ecosystem Strategy
Globenewswire· 2025-07-02 11:30
Core Insights - Matador Technologies Inc. has received final approval from the TSX Venture Exchange to transition to a hybrid "Technology / Investment" issuer, enabling it to operate flexibly within the Bitcoin economy [2][3][5] - The company now holds 77.4 Bitcoin and Bitcoin equivalents, including a recent acquisition of 8.4 BTC for CAD$1.2 million, and maintains a disciplined capital base of approximately CAD$5.3 million [5][6] - Matador is pursuing a strategic investment in HODL Systems, a digital asset firm in India, aiming for a 24% ownership stake, which is subject to TSXV approval [8][18] Business Strategy - The approval allows Matador to execute its strategy of scaling Bitcoin holdings, investing in Bitcoin infrastructure, and developing related digital asset technologies [3][4][12] - The company plans to deploy capital into Bitcoin-native technologies and markets, focusing on treasury management, custody, synthetic mining, and tokenization [13][12] - Matador's balance sheet reflects its core thesis that sound money infrastructure is essential for the next generation of financial services [7] Market Expansion - India is identified as a strategic market for Matador, with significant growth potential in technology infrastructure and digital financial services [9][11] - The investment in HODL Systems positions Matador to leverage India's growing investor base and interest in financial innovation [10][18] - The company aims to monetize its balance sheet through synthetic mining and yield generation while expanding its global footprint [12][13] Leadership and Governance - Matador's strategic direction is supported by a seasoned leadership team and a Strategic Advisory Board, including industry veterans [14] - The current Vice-President of Finance, Geoff St. Clair, will continue in his role, bringing extensive experience in finance and corporate development [15][16]