{"id":95485,"date":"2025-06-05T05:54:18","date_gmt":"2025-06-05T05:54:18","guid":{"rendered":"https:\/\/neclink.com\/index.php\/2025\/06\/05\/matador-technologies-raises-c1-64m-to-invest-in-their-bitcoin-reserve\/"},"modified":"2025-06-05T05:54:18","modified_gmt":"2025-06-05T05:54:18","slug":"matador-technologies-raises-c1-64m-to-invest-in-their-bitcoin-reserve","status":"publish","type":"post","link":"https:\/\/neclink.com\/index.php\/2025\/06\/05\/matador-technologies-raises-c1-64m-to-invest-in-their-bitcoin-reserve\/","title":{"rendered":"Matador Technologies Raises C$1.64M To Invest In Their Bitcoin Reserve"},"content":{"rendered":"


\n<\/p>\n

\n

Matador Technologies Inc. (TSXV: MATA, OTCQB: MATAF), a Bitcoin-focused tech company, announced<\/a> that it has closed the second tranche of its non-brokered<\/a> private placement, raising C$1,644,300 through the issuance of 2,652,097 units at a price of $0.62 per unit, with the proceeds going towards investing in their Bitcoin reserve.<\/p>\n

\n
\n
\n

\ud83d\udea8 Matador (TSXV: MATA | OTCQB: MATAF | FSE: IU3) closes $1.64M second tranche at $0.62\/unit
\ud83e\ude99 Each unit: 1 share + \u00bd warrant @ $0.77
Proceeds:
\u25aa\ufe0f Buy more Bitcoin
\u25aa\ufe0f Expand gold & Grammies
\u25aa\ufe0f General corporate growth<\/p>\n

\ud83d\udd17 https:\/\/t.co\/nUm0bFWtO0<\/a>#Bitcoin<\/a> #TreasuryStrategy<\/a>\u2026<\/p>\n

\u2014 Matador Technologies (@buymatador) June 4, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

\u201cEach Unit consists of one common share and one-half of one common share purchase warrant,\u201d stated in the press release. \u201cEach Warrant entitles the holder to acquire one additional common share of the Company at a price of $0.77 for a period of twelve months from the date of issuance.\u201d<\/p>\n

The warrants are subject to acceleration if Matador\u2019s shares trade at or above $1.15 for five consecutive trading days at any time following the date which is four months and one day after the closing date.\u00a0<\/p>\n

The securities from the second tranche are under a hold period that lasts until October 5, 2025.\u00a0 As part of the deal, the company also paid finder\u2019s fees totaling $95,582 and issued 152,165 broker warrants on the same terms.<\/p>\n

This follows the first tranche of the offering, announced<\/a> on May 30, 2025, which included a CAD$1.5 million investment from Arrington Capital, a digital asset management firm co-founded by Michael Arrington.\u00a0<\/p>\n

\u201cWe\u2019re thrilled to welcome Arrington Capital as a strategic investor,\u201d said the CEO of Matador Technologies Inc. Deven Soni. \u201cTheir deep conviction in the Bitcoin<\/a> ecosystem and global perspective on digital assets align perfectly with Matador\u2019s vision. This investment enhances our ability to accelerate development of Bitcoin-native financial products and scale our platform globally.\u201d<\/p>\n

In that tranche, Matador issued 2,419,354 units under the same terms. Each including one common share and one-half warrant, with full warrants exercisable at $0.77 for one year. Like the second tranche, those warrants are also subject to acceleration if the share price hits $1.15 for five consecutive trading days following the initial four-month period.<\/p>\n

\u201cThis is more than just a capital raise\u2014it\u2019s a signal that the world\u2019s top digital asset investors see the same future we do,\u201d said the Chief Visionary Officer of Matador Mark Moss.<\/p>\n

\u201cAt Matador, we believe the next wave of global financial infrastructure will be built on digital assets,\u201d commented<\/a> Moss. \u201cBy aligning with HODL<\/a>, we\u2019re not just expanding geographically\u2014we\u2019re expanding the reach of the digital assets\u2019 ecosystem into a key innovation hub.\u201d<\/p>\n<\/div>\n