Matador Joins MicroStrategy's Bitcoin for Corporations Initiative

Matador Technologies Inc. (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 (NASDAQ:MSTR ). (“MicroStrategy”) (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.



“In today’s world, we see Bitcoin as a safe harbor,” said Deven Soni, CEO and Chairman of Matador. “By adding Bitcoin to our treasury, we’re not just storing value – we’re also preparing to launch new applications built on the Bitcoin ecosystem and investments that can thrive in the years ahead.”

Matador plans to leverage "Bitcoin for Corporations" expertise to align internal policies, ensure regulatory compliance, and enhance the security of its Bitcoin holdings. This membership further supports the Company’s vision of exploring the use of Bitcoin to build its gold-based products.

“Joining MicroStrategy’s program supports our larger goal: to optimize the future of finance with technological advancements and position it to the public markets,” said Sunny Ray, President of Matador. “We’re excited to help shape a world where Bitcoin isn’t just a store of value, but a growing, real-world tool for people and businesses.”

Matador remains committed to clear communication about its Bitcoin initiatives and to working with trusted partners like MicroStrategy and Bitcoin Magazine. By integrating established frameworks for corporate Bitcoin adoption, the Company seeks to build confidence among investors, regulators, and the broader community. Matador will continue to explore additional purchases of Bitcoin at the board level via measured buying programs however this will not impact Matador’s current business strategy of launching its digital gold platform in Q1 2025.

Source: Investing.com