This article has been disseminated on behalf of Matador Technologies Inc. and may include paid advertising.
Matador Technologies (TSXV: MATA) (OTCQB: MATAF) (FSE: IU3) closed its previously announced $100 million secured convertible note facility with ATW Partners and completed its first drawdown to acquire 92 bitcoin for CAD $13.2 million (USD $9.5 million) at an average price of USD $102,752 per bitcoin. The purchase, executed through Netcoins and FalconX with custody provided by BitGo Trust Company, more than doubles Matador’s holdings to roughly 175 bitcoin and underscores the company’s commitment to Bitcoin as a core reserve asset. The facility, dedicated exclusively to Bitcoin accumulation and pending TSXV final approval, marks a major financing milestone for the company and strengthens its long-term treasury framework. Matador also filed an amended CAD $500 million base shelf prospectus to enhance capital-markets flexibility as it advances its balance-sheet and treasury strategy.
To view the full press release, visit https://ibn.fm/1apL7
About Matador Technologies Inc.
Matador Technologies Inc. (TSXV: MATA, OTCQB: MATAF, FSE: IU3) is a publicly traded Bitcoin ecosystem company focused on holding Bitcoin as its primary treasury asset and building products to enhance the Bitcoin network. Matador’s strategy combines strategic Bitcoin accumulation, Bitcoin-native product development, and participation in digital asset infrastructure, with a focus on driving long-term shareholder value while maintaining capital efficiency.
Matador has expanded its international exposure through an agreement to acquire up to a 24% interest in HODL Systems, an India-based digital asset treasury company. If completed, the investment would provide Matador with minority ownership in a market with increasing digital asset activity.
The Company maintains a Bitcoin-first approach and continues to evaluate product initiatives intended to support activity on the Bitcoin network. Matador’s objective is to allocate capital prudently, pursue opportunities that fit its mandate, and focus on long-term shareholder value.
For more information about the company, please visit https://www.matador.network/
About TechMediaWire
TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.
To receive SMS alerts from TechMediaWire, text “TECH” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.TechMediaWire.com
Please see full terms of use and disclaimers on the TechMediaWire website applicable to all content provided by TMW, wherever published or re-published: https://www.TechMediaWire.com/Disclaimer
TechMediaWire
Austin, Texas
www.TechMediaWire.com
512.354.7000 Office
Editor@TechMediaWire.com
TechMediaWire is powered by IBN
