Matador Technologies Raises C$1.64M To Invest In Their Bitcoin Reserve

Matador Technologies Inc., a prominent Bitcoin-focused tech company listed on the TSXV and OTCQB under the tickers MATA and MATAF respectively, recently closed the second tranche of its non-brokered private placement. The company successfully raised C$1,644,300 through the issuance of 2,652,097 units at a price of $0.62 per unit. The proceeds from this private placement will be utilized to bolster their Bitcoin reserve, a strategic move in the rapidly evolving digital asset landscape.

Each unit offered in this private placement comprises one common share and one-half of one common share purchase warrant. The warrants entitle the holder to acquire an additional common share of the company at a price of $0.77 within a twelve-month period from the issuance date. Notably, the warrants are subject to acceleration if Matador’s shares trade at or above $1.15 for five consecutive trading days following the four-month mark post the closing date.

As per the terms of the private placement, the securities issued in the second tranche will be subject to a hold period until October 5, 2025. Additionally, the company paid finder’s fees amounting to $95,582 and issued 152,165 broker warrants with identical terms. This recent capital infusion follows a previous tranche announced on May 30, 2025, which saw a strategic investment of CAD$1.5 million from Arrington Capital, a well-known digital asset management firm co-founded by Michael Arrington.

Matador’s CEO, Deven Soni, expressed excitement about the strategic partnership with Arrington Capital, emphasizing the alignment of visions towards the future of the Bitcoin ecosystem and digital assets. The investment from Arrington Capital is expected to accelerate the development of Bitcoin-native financial products and facilitate the global expansion of Matador’s platform.

In the earlier tranche, 2,419,354 units were issued under similar terms, further reinforcing the company’s financial position and growth trajectory. The Chief Visionary Officer of Matador, Mark Moss, highlighted the significance of these capital raises as a testament to the shared vision of top digital asset investors regarding the future of global financial infrastructure built on digital assets.

Matador’s strategic initiatives extend beyond capital raises, as evidenced by their recent partnership with HODL, a leading Indian digital asset product strategy firm. This collaboration not only expands Matador’s geographical reach but also strengthens the digital assets ecosystem by tapping into key innovation hubs globally.

Overall, Matador Technologies Inc. continues to make significant strides in the digital asset space, fueled by strategic investments, innovative financial products, and a clear vision for the future of decentralized finance.