Matador Buys 8.4 Bitcoins for USD$878,763, Boosting Holdings to 77

Matador Technologies, a publicly traded Bitcoin ecosystem company, has announced the acquisition of an additional 8.4 bitcoins for CAD$1.2 million (USD$878,763). The purchase was made at an average price of USD$104,914 per bitcoin, inclusive of fees and expenses. This acquisition brings Matador's total Bitcoin holdings to approximately 77 bitcoins (and Bitcoin equivalents), reinforcing its strategy to diversify its treasury with long-duration reserve assets. The company continues to operate debt-free, with all Bitcoin holdings free and clear.

The recent acquisition was made following a market correction, aligning with Matador's Bitcoin acquisition policy. This move further solidifies the company's conviction in Bitcoin as a long-term asset. Matador's strategy involves strategic Bitcoin accumulation, Bitcoin-native product development, and participation in digital asset infrastructure, all aimed at driving long-term shareholder value while maintaining capital efficiency.

In addition to its Bitcoin holdings, Matador maintains cash reserves of approximately CAD$5.3 million and physical gold holdings of 2 kilograms (approximately CAD$323,000). These reserves reflect the company's prudent financial management aimed at sustaining long-term growth and stability. Matador's treasury-first strategy includes the allocation of capital into Bitcoin and other reserve assets, which is expected to be further enabled by the company's proposed Change of Business to a Tier 2 hybrid Investment/Technology Issuer, pending final approval from the TSX Venture Exchange.

Matador's Chief Visionary Officer, Mark Moss, stated that this acquisition reflects the company's intention to increase its Bitcoin per share as part of its reserve asset strategy. The company plans to continue increasing its Bitcoin position to align itself with the global shift towards sound money assets. As Matador advances its growth strategy, it remains committed to expanding its treasury holdings of Bitcoin and gold, leveraging blockchain technology to support long-term stakeholder value.

The company's recent investment in HODL Systems, one of India's first digital asset treasury companies, further strengthens its position as a leading Bitcoin treasury company. This investment underscores Matador's 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.