MATA Acquisition

Matador Acquires 5 Bitcoin for CAD$802,020, Bringing Its Total Bitcoin (and Bitcoin Equivalent) Holdings to 77.4

Published August 11, 2025 at 11:30 AM

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.

Related Questions

How will the acquisition of 5 Bitcoin affect Matador's balance sheet and cash reserves? What is the expected impact of this Bitcoin purchase on Matroid's share price in the short term? How does Matador's Bitcoin holding strategy compare to other TSX‑V listed companies in the sector? What are the potential risks associated with Bitcoin price volatility for Matador's treasury? Will the purchase be financed through existing cash, debt issuance, or equity dilution? How does the cost basis of USD 116,619 per Bitcoin compare to current market prices and future price expectations? What disclosures or accounting treatment will be applied to the Bitcoin assets under Canadian GAAP/IFRS? Is there a plan for further Bitcoin acquisitions, and if so, what criteria will guide those decisions? How might this Bitcoin acquisition influence analyst coverage and valuation multiples for Matador? What regulatory or tax implications could arise from holding Bitcoin as a core treasury asset? Will the Bitcoin holdings be used for any strategic purposes, such as payments, partnerships, or hedging? How does the market view the integration of Bitcoin into Matador's treasury—does it enhance or dilute the company's core business narrative?