Matador Joins MicroStrategy’s Bitcoin for Corporations Initiative

TORONTO, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Matador Technologies Inc. (“Matador” or the “Company”) (TSXV: MATA) is pleased to announce as of January 1, 2025, it has become a member of "Bitcoin for Corporations" which is an initiative established by MicroStrategy Inc. (“MicroStrategy”) (NASDAQ: MSTR) and Bitcoin Magazine focused on educating and supporting corporations in implementing Bitcoin strategies. "Bitcoin for Corporations" aims to help companies accelerate corporate Bitcoin adoption by empowering businesses with the tools, education, and partnerships they need for successful Bitcoin integration. This shift emphasizes the Company’s efforts to develop products on the Bitcoin ecosystem and build a premier Bitcoin ecosystem vehicle for the public markets. The decision to join "Bitcoin for Corporations" aligns with Matador’s press release dated December 23, 2024, to add Bitcoin to its balance sheet as a treasury asset. By diversifying its treasury to hold Bitcoin, Matador aims to strengthen its position in the global digital asset landscape.

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