November 3, 2025 — Toronto, Ontario — Leads & Copy — Matador Technologies Inc. (TSXV:MATA, OTCQB:MATAF, FSE:IU3) has amended its USD$100 million convertible note facility with ATW Partners, securing an initial USD$10.5 million tranche to purchase Bitcoin and drive Bitcoin-per-share (BPS) growth.
The amended secured convertible note facility allows for equity-aligned funding without immediate dilution, with conversions based on prevailing market prices. The investment by ATW Partners, a U.S.-based institutional investor, will support Matador’s plan to acquire up to 1,000 BTC by 2026 and 6,000 BTC by 2027, with the goal of becoming a top 20 global corporate holder.
The Notes will bear interest at a rate of 8% per annum, scaling down to 5% upon listing on the NASDAQ or NYSE. A maximum of 19,842,083 Common Shares are issuable upon conversion of the principal amount owning under the Notes of the Initial Closing. The investor can require the company to issue additional Notes in the aggregate principal amount of up to USD$46,250,000 prior to the Uplisting (as defined below), plus up to an additional USD$28,750,000 (for an aggregate of USD$75,000,000) following the Uplisting.
Deven Soni, CEO of Matador Technologies, said the financing marks a significant step toward the company’s long-term Bitcoin accumulation plan. Mark Moss, Chief Visionary Officer, noted that the structure advances their goal of increasing Bitcoin per share.
For additional information, please contact:
Deven Soni
Chief Executive Officer
Email: deven@matador.network
Phone: 647-496-6282
Source: Matador Technologies Inc.
