{"id":71697,"date":"2025-06-04T21:45:12","date_gmt":"2025-06-04T21:45:12","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=71697"},"modified":"2025-06-04T21:45:12","modified_gmt":"2025-06-04T21:45:12","slug":"matador-technologies-raises-c1-64m-to-invest-in-their-bitcoin-reserve","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=71697","title":{"rendered":"Matador Technologies Raises C$1.64M To Invest in Their Bitcoin Reserve"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Matador Technologies Raises C$1.64M To Invest in Their Bitcoin Reserve<\/a><\/p>\n

<\/div>\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

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

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

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

This post Matador Technologies Raises C$1.64M To Invest in Their Bitcoin Reserve<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Oscar Zarraga Perez<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Matador Technologies Raises C$1.64M To Invest in Their Bitcoin Reserve Matador Technologies Inc. (TSXV: MATA, OTCQB: MATAF), a Bitcoin-focused tech company, announced that it has closed the second tranche of its non-brokered 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 […]<\/p>\n","protected":false},"author":0,"featured_media":71698,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-71697","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/71697"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=71697"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/71697\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/71698"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=71697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=71697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=71697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}