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Matador Technologies Buys 5 Bitcoin for C$810,733, Bringing its Total Bitcoin (and Bitcoin Equivalent) Holdings to 82
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Matador Technologies Buys 5 Bitcoin for C$810,733, Bringing its Total Bitcoin (and Bitcoin Equivalent) Holdings to 82
Oct 15, 2025 8:24 AM

10:49 AM EDT, 10/15/2025 (MT Newswires) -- Matador Technologies ( MATAF ) , a bitcoin ecosystem company, Wednesday said it acquired an additional 5 bitcoin for C$810,733, through Coinsquare which is owned by Wonderfi Technologies ( WONDF ) .

The company said that the 5 bitcoin was acquired at an average price of US$115,933 per bitcoin, inclusive of fees and expenses.

Following the transaction, Matador's holdings total approximately 82 bitcoin (and Bitcoin equivalents).

A statement noted that in addition to deploying cash on hand for the purchase, Matador filed an amended and restated preliminary short form base shelf prospectus for C$500 million on Oct. 6, 2025, and is progressing toward the closing of a US$100 million secured convertible note facility with ATW Partners.

The company said that these instruments are expected to provide additional flexibility to scale its Bitcoin position, subject to applicable regulatory approvals and final documentation.

"We funded this purchase from existing cash while preserving our shelf capacity and note facility for future opportunities," said Matador Technologies' ( MATAF ) Chief Executive Officer, Deven Soni. "We continue to execute toward our previously disclosed targets of 1,000 BTC by 2026 and 6,000 BTC by 2027, and we will remain opportunistic in allocating capital-particularly during periods of market softness when we can effectively 'buy the dip' in a disciplined manner."

Matador Technologies' ( MATAF ) shares were last seen down 2.9% to $0.33 on the TSX Venture Exchange.

Price: 0.33, Change: -0.01, Percent Change: -2.94

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