Matador Acquires 5 Bitcoin for CAD$802,020, Bringing Its Total Bitcoin (and Bitcoin Equivalent) Holdings to 77.4
TORONTO, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Matador Technologies Inc. (“Matador” or the “Company”) (TSXV: MATA, OTCQB: MATAF, FSE: IU3) announces that the Company has acquired an additional 5 bitcoin for CAD$802,020 (USD$583,093). The 5 bitcoin was acquired through Netcoins (owned by BIGG Digital Assets Inc.) at an average price of USD$116,619 per bitcoin, inclusive of fees and expenses. The acquisition of Bitcoin aligns with Matador 's long-term strategy to integrate Bitcoin as a core asset in its treasury.
This acquisition brings Matador’s Bitcoin holdings to approximately 77.4 bitcoin (including Bitcoin equivalents), reinforcing its stated objective to diversify its treasury with long-duration reserve assets. Matador views Bitcoin as a superior reserve asset and intends to grow its Bitcoin holdings over time. In addition to using cash on hand for this purchase, Matador has filed a CAD$900 million base-shelf prospectus (the “Prospectus”) and is in the process of closing a USD$100 million secured convertible-note facility (the “Facility”) with ATW Partners. The Prospectus and the Facility remain subject to approval and once approved, are expected to be deployed to accelerate further Bitcoin acquisitions in line with the Company’s treasury strategy. Matador remains focused on maximizing Bitcoin per share and ultimately holding 1 percent of Bitcoin’s fixed 21-million-coin supply.
“This purchase was funded with existing cash on hand, while our shelf prospectus and note facility, subject to approval, remain available for additional Bitcoin acquisitions as conditions warrant. We continue to work toward our disclosed targets of 1,000 BTC by 2026 and 6,000 BTC by 2027,” said Deven Soni, Chief Executive Officer, Matador Technologies.
“This acquisition reflects the Company’s intention to increase its Bitcoin per share as part of its reserve asset strategy. The Company intends to continue increasing its Bitcoin position to align itself with the global shift to sound money assets,” said Mark Moss, Chief Visionary Officer, Matador Technologies.
As Matador advances its growth strategy, the Company remains committed to expanding its treasury holdings of Bitcoin, leveraging blockchain technology, with the goal of supporting long-term stakeholder value. The Company intends to continue increasing its Bitcoin position as part of a broader strategy to align itself with the global shift toward sound monetary assets.
For additional information, please contact:
Media Contact:
Sunny Ray
President
Email: sunny@matador.network
Phone: 647-496-6282
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 recently expanded its global footprint by investing in HODL Systems, one of India’s first digital asset treasury companies, securing up to a 24% ownership stake, subject to TSXV approval of the investment. This investment strengthens Matador’s position as a leading Bitcoin treasury company and underscores its commitment to the worldwide adoption of Bitcoin as a reserve asset.
With a Bitcoin-first strategy, and a clear focus on innovation, Matador is shaping the future of financial infrastructure on Bitcoin.
Visit us online at https://www.matador.network/.
Cautionary Statement Regarding Forward-Looking Information
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.
Forward Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties, including risks associated with the implementation of the Company 's treasury management strategy, receipt of regulatory approvals (including final approval of the TSX Venture Exchange with respect to the Company 's proposed change of business), and the launch of its mobile application as currently proposed or at all. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including with respect to the potential acquisition of Bitcoin and/or US dollars, the pricing of such acquisitions and the timing of future operations. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
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