Matador Boosts Bitcoin Holdings by 5.38% to 69 Bitcoins
Matador Technologies Inc., a Canadian publicly listed company, has increased its Bitcoin holdings by 5.38 bitcoins, bringing its total holdings to approximately 69 bitcoins. The acquisition, valued at CAD$798,000 (approximately USD$581,198), was made at an average price of USD$107,217 per bitcoin, inclusive of fees and expenses. This move underscores Matador's commitment to a long-term capital preservation strategy through strategic Bitcoin accumulation.
Matador's financial position remains robust, with no debt and all Bitcoin holdings free and clear. The company maintains cash reserves of approximately CAD$6.5 million and physical gold holdings of 2 kilograms, valued at approximately CAD$319,000. These reserves reflect Matador's prudent financial management, aimed at sustaining long-term growth and stability.
In addition to its Bitcoin holdings, MatadorMTDR-- has announced its intention to invest in HODL Systems, a publicly traded Indian technology company that implements a treasury strategy incorporating digital assets. This investment would provide Matador with up to 24.95% ownership in HODL, further deepening its exposure to the global digital asset ecosystem while maintaining a resilient financial position. The transaction is subject to the approval of the TSX Venture Exchange.
Matador's strategy is multifaceted, combining strategic Bitcoin accumulation, Bitcoin-native product development, and participation in digital asset infrastructure. The company focuses on holding Bitcoin as its primary treasury asset and building products to enhance the Bitcoin network. This approach is designed to drive long-term shareholder value without dilution.
Matador's recent investment in HODL Systems, one of India’s first digital asset treasury companies, secures up to a 24.95% ownership stake. 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. The company continues to integrate Bitcoin into its long-term strategy, reinforcing its role as a core treasury asset and the platform of choice for its Digital Gold Platform. As Matador advances its growth strategy, it remains committed to expanding its treasury holdings of Bitcoin and gold, leveraging blockchain technology, and delivering long-term value for stakeholders.

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