Matador Acquires 5 Bitcoin for CAD$810,733, Bringing Its Total Bitcoin (and Bitcoin Equivalent) Holdings to 82

Executive Summary

• Matador Technologies purchased an additional 5 BTC for CAD $810,733 (USD $579,188), bringing total holdings to ~82 BTC.
• The company filed an amended and restated preliminary short‑form base shelf prospectus for up to CAD $500 million and is progressing toward closing a USD $100 million secured convertible note facility with ATW Partners.
• Management reaffirmed its long‑term target of 1,000 BTC by 2026 and 6,000 BTC by 2027, emphasizing opportunistic capital allocation to “buy the dip.”

Key Details

• Bitcoin Purchase: 5 BTC acquired via Coinsquare (owned by Wonderfi Technologies) at an average price of USD $115,933 per BTC, inclusive of fees and expenses.
• Total Treasury Position: Approximately 82 BTC (and Bitcoin equivalents) after the transaction.
• Prospectus Filing: Amended and restated preliminary short‑form base shelf prospectus filed on Oct 6 2025 for a potential CAD $500 million offering.
• Convertible Note Facility: Ongoing negotiations to close a USD $100 million secured convertible note facility with ATW Partners; subject to regulatory approvals and final documentation.
• Strategic Objectives: Maintain Bitcoin as core treasury asset, target ownership of ~1 % of the 21‑million‑coin supply, and achieve 1,000 BTC by 2026, 6,000 BTC by 2027.
• Funding Source: Purchase funded from existing cash balances while preserving shelf capacity and note facility for future opportunities.

Notable Quotes

“We funded this purchase from existing cash while preserving our shelf capacity and note facility for future opportunities,” – Deven Soni, CEO, Matador Technologies.

“This acquisition advances our reserve strategy to grow Bitcoin per share,” – Mark Moss, Chief Visionary Officer, Matador Technologies.