Matador Technologies raises $1.64 million to invest in its Bitcoin reserves

Matador Technologies Inc., a Bitcoin-focused technology company (TSXV:MATA, OTCQB:MATAF), announced that it has closed the second batch of its non-broker private placements, invested $0.62 at a price per unit through the issuance of 2,652,097 units, raising $1,644,300 in $1,644,300 in $1,644,300 and invested at a price per unit and at a price per unit.

“Each unit consists of one share of common stock and half of common stock purchase warrants,” the release said. “Each warrant qualifies the holder to acquire a share of common stock of the company for $0.77 for twelve months from the date of issuance.”

If Matador’s stock is trading for five consecutive trading days at any time after the deadline, then five months and at any time after the deadline, the warrant will likely accelerate.

The second batch of approved securities will last until October 5, 2025. As part of the deal, the company also paid a total of $95,582 to Finder’s fees and issued 152,165 brokers on the same terms.

This is following the first batch of products announced on May 30, 2025, including a $1.5 million investment from Arrington Capital, a digital asset management company co-founded by Michael Arrington.

“We are delighted to welcome Arrington Capital as a strategic investor,” said Deven Soni, CEO of Matador Technologies Inc. Deven Soni. “Their deep belief in the Bitcoin ecosystem and a global perspective on digital assets are fully aligned with the Bullfighter’s vision. This investment enhances our ability to accelerate the development of Bitcoin’s local financial products and expand our platform globally.”

In this division, the Bullfighter issued 2,419,354 units under the same terms. Each share includes one common share and half of warrants, with all warrants viable in one year of $0.77. Like the second commander, these warrants were also accelerated if the stock price reached $1.15 for five consecutive trading days after the first four months.

“It’s not just capital raising, it also shows the future that the world’s top digital asset investors see,” said Matador Mark Moss CEO.

“At Bullfighter, we believe that the next wave of global financial infrastructure will be built on digital assets,” Moss commented. “By aligning with HODL, we are expanding not only geographically, but also expanding the coverage of the digital asset ecosystem to key innovation hubs.”