10:51 AM EDT, 06/09/2025 (MT Newswires) -- Matador Technologies ( MATAF ) was at last look on Monday up 8% -- it had been even higher -- after it announced the formation of its Strategic Advisory Board. The board will guide Matador as it scales its Bitcoin treasury balance sheet strategy and real-world asset (RWA) platform.

The three-member Strategic Advisory Board includes David Bailey, BTC chief executive and founder & chief executive of Nakamoto. Bailey served as a surrogate for the Trump 2024 campaign, helping define its Bitcoin strategy. He also sits on the board of the Bitcoin Policy Institute.

The second member is entrepreneur and Bitcoin investor Brad Mills, and the third is former Barrick Gold (ABX.TO) senior executive Dave Forestell. He currently chairs the board at the Alcohol and Gaming Commission of Ontario.

"We're incredibly proud of the advisory team we've assembled," said Deven Soni, Matador Technologies ( MATAF ) chief executive.

The company's shares were last seen up $0.16, to $1.28, on the TSX Venture Exchange.

Price: 1.21, Change: +0.09, Percent Change: +8.04