星球日报|Nov 18, 2025 13:55
[Publicly Listed Company Matador Technologies Increases Bitcoin Holdings to 175 BTC]
Odaily Planet Daily News – Matador Technologies Inc. announced that as of November 18, 2025, the company’s Bitcoin holdings have increased to approximately 175 BTC, representing a 767% growth compared to the 20 BTC held at the time of qualifying transactions.
In terms of capital operations, Matador has completed the first $10.5 million drawdown under the $100 million secured convertible debt facility agreed upon with ATW Partners. Additionally, the company has raised CAD 7.6 million in equity through a private placement this year, adding strategic investors such as Arrington Capital and Bitcoin Opportunity Fund. The company has also selected BitGo Trust for Bitcoin custody and is advancing plans for a Nasdaq market listing. (Globenewswire)
Previously, on November 10, Bitcoin treasury company Matador Technologies announced it had completed a $10.5 million financing through a convertible bond issuance. The new funds will be used to further increase Bitcoin holdings. The company stated its plan to grow its Bitcoin holdings to 1,000 BTC by 2026 and expand to 6,000 BTC by 2027.
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