Matador Technologies Revises Financing Agreement with Strategic Expansion

Matador Technologies Inc. (TSXV: MATA, OTCQB: MATAF) has amended its secured convertible note facility, expanding the total potential financing structure with ATW Partners — a move designed to support its long‑term Bitcoin accumulation strategy and broader growth plans.

What’s New:

The company updated and expanded its convertible note facility to allow issuance of up to USD 100 million in convertible notes, up from earlier terms.

Within this structure, up to $75 million in notes may be issued in follow‑on tranches after an uplisting to NASDAQ or NYSE, subject to regulatory approvals and conditions.

An initial $10.5 million tranche has already been closed, giving Matador immediate capital to deploy.

Why This Matters:

Strategic Capital Deployment: The expanded facility gives Matador flexibility to fund Bitcoin purchases, strengthening its balance sheet and positioning it as a meaningful corporate holder of BTC.

Growth & Liquidity Optionality: By structuring the agreement with tranches tied to corporate milestones (like stock exchange uplisting), Matador can align financing with execution timing and market conditions.

Institutional Support: The amended agreement — backed by ATW Partners, a U.S. institutional investor — signals continued confidence in Matador’s Bitcoin‑centric strategy.

Use of Funds:

Matador intends to use the proceeds exclusively to buy Bitcoin for its treasury, reinforcing its business model of growing Bitcoin per share and enhancing shareholder value through BTC accumulation.

This revised financing agreement doesn’t just expand Matador’s capital base — it formalizes a clear path to raising up to $75 million within a flexible, scalable structure that supports both strategic growth and market timing.