Matador Technologies Raises C$1.64M To Invest in Their Bitcoin Reserve

Bitcoin Magazine

Matador Technologies Inc. (TSXV: MATA, OTCQB: MATAF), a Bitcoin-focused tech business, revealed that it has actually closed the 2nd tranche of its non-brokered personal positioning, raising C$1,644,300 through the issuance of 2,652,097 systems at a rate of $0.62 per system, with the profits going towards investing in their Bitcoin reserve.

“Each Unit consists of one common share and one-half of one common share purchase warrant,” specified in journalism release. “Each 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.”

The warrants go through velocity if Matador’s shares trade at or above $1.15 for 5 successive trading days at any time following the date which is 4 months and one day after the closing date.

The securities from the 2nd tranche are under a hold duration that lasts up until October 5, 2025. As part of the offer, the business also paid finder’s charges amounting to $95,582 and provided 152,165 broker warrants on the exact same terms.

This follows the very first tranche of the offering, revealed on May 30, 2025, that included a CAD$1.5 million financial investment from Arrington Capital, a digital possession management company co-founded by Michael Arrington.

“We’re thrilled to welcome Arrington Capital as a strategic investor,” stated the CEO of Matador Technologies Inc. Deven Soni. “Their deep conviction in the Bitcoin ecosystem and global perspective on digital assets align perfectly with Matador’s vision. This investment enhances our ability to accelerate development of Bitcoin-native financial products and scale our platform globally.”

In that tranche, Matador provided 2,419,354 systems under the exact same terms. Each consisting of one typical share and half warrant, with complete warrants exercisable at $0.77 for one year. Like the 2nd tranche, those warrants are also based on velocity if the share cost strikes $1.15 for 5 successive trading days following the preliminary four-month duration.

“This is more than just a capital raise—it’s a signal that the world’s top digital asset investors see the same future we do,” stated the Chief Visionary Officer of Matador Mark Moss.

“At Matador, we believe the next wave of global financial infrastructure will be built on digital assets,” commented Moss. “By aligning with HODL, we’re not just expanding geographically—we’re expanding the reach of the digital assets’ ecosystem into a key innovation hub.”

This post Matador Technologies Raises C$1.64M To Invest in Their Bitcoin Reserve initially appeared on Bitcoin Magazine and is composed by Oscar Zarraga Perez.

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