Mr. Sunny Ray reports

MATADOR ACQUIRES 8.4 BITCOIN FOR CAD$1.2M, BRINGING ITS TOTAL BITCOIN (AND BITCOIN EQUIVALENT) HOLDINGS TO 77

Matador Technologies Inc. has acquired an additional 8.4 bitcoin for $1.2-million ($878,763 (U.S.)). The 8.4 bitcoin was acquired at an average price of $104,914 (U.S.) per bitcoin, inclusive of fees and expenses. The purchase was made following a recent market correction, in line with the company's bitcoin acquisition policy, further reinforcing its conviction in bitcoin as a long-term asset.

This acquisition brings Matador's bitcoin holdings to approximately 77 bitcoin (and bitcoin equivalents), reinforcing its stated objective to diversify its treasury with long-duration reserve assets. The company continues to operate debt-free, with all bitcoin (and bitcoin equivalent) holdings free and clear.

The company also maintains cash reserves of approximately $5.3-million and physical gold holdings of two kilograms (approximately CAD$323,000), reflecting prudent financial management aimed at sustaining long-term growth and stability.

On June 20, 2025, Matador received conditional approval from the TSX Venture Exchange regarding its proposed change of business (COB) to a Tier 2 hybrid investment/technology issuer. Assuming that the company obtains TSX-V final approval of the COB, this milestone would enable the company to implement its treasury-first strategy, including the allocation of capital into bitcoin and other reserve assets in accordance with its investment policy. The change of business remains subject to the satisfaction of various conditions, including the receipt of applicable shareholder approval and the approval of the TSX-V.

Matador continues to integrate bitcoin into its long-term strategy, reinforcing its role as a core treasury asset and the foundation for its digital gold platform. Similar to other bitcoin-native public companies, Matador views bitcoin as a superior reserve asset and intends to grow its bitcoin holdings over time.

"This acquisition reflects the company's intention to increase its bitcoin per share as part of its reserve asset strategy. The company intends to continue increasing its bitcoin position to align itself with the global shift to sound money assets," said Mark Moss, chief visionary officer of Matador Technologies.

As Matador advances its growth strategy, the company remains committed to expanding its treasury holdings of bitcoin and gold, leveraging blockchain technology, with the goal of supporting long-term stakeholder value. The company intends to continue increasing its bitcoin position as part of a broader strategy to align itself with the global shift toward sound monetary assets.

About Matador Technologies Inc.

Matador Technologies is a publicly traded bitcoin ecosystem company focused on holding bitcoin as its primary treasury asset and building products to enhance the bitcoin network. Matador's strategy combines strategic bitcoin accumulation, bitcoin-native product development and participation in digital asset infrastructure, with a focus on driving long-term shareholder value while maintaining capital efficiency.

Matador has recently expanded its global footprint by investing in Hodl Systems, one of India's first digital asset treasury companies, securing up to a 24-per-cent ownership stake, subject to TSX-V approval of the investment. This investment strengthens Matador's position as a leading bitcoin treasury company and underscores its commitment to the worldwide adoption of bitcoin as a reserve asset.

With a bitcoin-first strategy and a clear focus on innovation, Matador is shaping the future of financial infrastructure on bitcoin.

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