TORONTO, June 11, 2025 (GLOBE NEWSWIRE) -- Matador Technologies Inc. ("Matador" or the "Company") (TSXV: MATA, OTCQB: MATAF, FSE: IU3), the Bitcoin Ecosystem Company, announces that the Company has acquired an additional 5.38 bitcoin for CAD$798,000 (USD$581,198). The 5.38 bitcoin was acquired at an average price of USD$107,217 per bitcoin, inclusive of fees and expenses.
This acquisition brings Matador's Bitcoin holdings to approximately 69 bitcoin (and Bitcoin equivalents), reinforcing its long-term capital preservation strategy. The Company continues to operate debt-free, with all Bitcoin (and Bitcoin equivalent) holdings free and clear.
The Company also maintains cash reserves of approximately CAD$6.5 million and physical gold holdings of 2 kilograms (approximately CAD$319,000), reflecting prudent financial management aimed at sustaining long-term growth and stability. In addition, on May 29, 2025, Matador announced its commitment to invest in HODL Systems, a publicly traded Indian technology company that implements a treasury strategy incorporating digital assets. The investment would provide Matador with up to 24.95% ownership in HODL, underscoring the Company's goal of deepening its exposure to the global digital asset ecosystem while maintaining a resilient financial position. The transaction remains subject to the approval of the TSX Venture Exchange.
Matador 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, the Company remains committed to expanding its treasury holdings of Bitcoin and gold, leveraging blockchain technology, and delivering long-term value for stakeholders.
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, driving long-term shareholder value without dilution.
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 24.95% 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.
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, 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.
