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Matador Technologies Holds 168 Bitcoin as Primary Treasury Asset

Matador Technologies Holds 168 Bitcoin as Primary Treasury Asset

MT newswireMT newswire2026/10/02 15:53
11:53 AM EDT, 10/02/2026 (MT Newswires) -- Matador Technologies (MATA.V) holds 168 bitcoin as its primary treasury asset, the company said on Friday. About 138 bitcoin are held as collateral under Matador's $100 million convertible note facility. Matador is a leveraged bitcoin treasury company that funds its bitcoin holdings through shares and secured convertible debt. It also collaborates with Nasdaq-listed Galaxy Digital Holdings. It reiterated in its outlook that bitcoin can serve as a long term store of value and reserve asset, and that its role within the financial system will continue to develop. "Matador's capital structure reflects a clear view on Bitcoin, and we are open about the fact that it works in both directions. Over the past year we have put the tools in place to add Bitcoin when our cost of capital allows it, and we have brought the cost of running the company down to a level that matches the business we are today. We are pleased with that progress, and we believe it leaves Matador in a stronger position to pursue future opportunities while remaining disciplined in how we deploy capital," said Matador Chief Executive Officer Donato Sferra. Matador shares were unchanged at CA$0.03 per share on the TSX Venture Exchange.
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