Matador Technologies Secures 58.4M for Bitcoin Strategy

Matador Technologies Inc., a publicly traded company in the bitcoin BTC ecosystem, has received final approval from the Ontario Securities Commission for a 58.4 million CAD 80 million short-form base shelf prospectus. This approval allows the company to distribute common shares, warrants, and other units over the next 25 months, providing flexibility for capital raises when market conditions are favorable.
The new facility complements Matador s recently closed 100 million USD secured convertible note with ATW Partners, giving the company access to over 158 million USD in potential liquidity. This forms the backbone of Matador s aggressive Bitcoin accumulation strategy. Between December 2024 and late 2025, Matador increased its BTC holdings by approximately 767 , totaling 175 BTC. The company aims to leverage the new capital facility to reach a target of 1,000 BTC by the end of 2026.

Obtaining the receipt for our 58.4 million USD base shelf prospectus is a critical step in maturing our capital structure
said Deven Soni, CEO of Matador Technologies. He emphasized that this approval, along with existing partnerships and credit facilities, provides the speed and flexibility to access capital when advantageous.
Mark Moss, Chief Visionary Officer, added:
Bitcoin is a volatile asset, and navigating its cycles requires a long-term view and the ability to deploy capital in measured steps
. He noted that the prospectus positions Matador to act decisively in growing its treasury.
Matador plans to allocate capital primarily towards bitcoin purchases, while retaining flexibility for general corporate purposes depending on market conditions. This bitcoin-first approach aligns the company with other institutional players who view bitcoin as a reserve asset to hedge against currency debasement and enhance long-term shareholder value.