TORONTO, Nov. 11, 2025 (GLOBE NEWSWIRE) — Matador Technologies Inc. (“Matador” or the “Company”) (TSXV: MATA, OTCQB: MATAF, FSE: IU3) today announced the successful closing of its previously disclosed USD $100 million secured convertible note facility (the “Facility”) with ATW Partners and the completion of its first drawdown under the Facility to acquire 92 bitcoin for CAD $13.2 million (USD $9.5 million). The bitcoin was purchased through Netcoins (owned by BIGG Digital Assets Inc., TSXV: BIGG) and FalconX at an average price of USD $102,752 per bitcoin, inclusive of fees and expenses. BitGo will also secure all bitcoin holdings in qualified custody through its regulated entity, BitGo Trust Company, Inc.
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