Matador Technologies Announces Launch of Bitcoin Yield Strategy with Galaxy and C-Suite Promotions
Rhea-AI Summary
Matador Technologies (OTCQB: MATAF) announced a Bitcoin yield generation strategy in partnership with Galaxy and the promotion of Geoff St. Clair to Chief Financial Officer, effective March 26, 2026.
Matador entered an ISDA agreement with Galaxy to execute covered calls and related options strategies, initially allocating up to 20 Bitcoin to the program, while emphasizing risk management, security, and liquidity for its treasury.
Positive
- ISDA agreement with Galaxy to enable structured yield strategies
- Initial allocation of up to 20 Bitcoin to generate treasury yield
- Internal promotion to CFO (Geoff St. Clair) ensures leadership continuity
Negative
- Treasury exposure of up to 20 Bitcoin to options markets and related risks
- Counterparty reliance on Galaxy under ISDA introduces third-party credit and execution risk
- Resignation of prior CFO Jing Peng represents leadership turnover
TORONTO, ON / ACCESS Newswire / March 31, 2026 / Matador Technologies Inc. ("Matador" or the "Company") (TSXV:MATA)(OTCQB:MATAF)(FSE:IU3), the Bitcoin Ecosystem Company, is pleased to announce the launch of a Bitcoin yield generation strategy in collaboration with Galaxy Digital Holdings Ltd. ("Galaxy"), alongside the promotion of Geoff St. Clair to Chief Financial Officer, effective March 26, 2026.
Bitcoin Yield Generation Strategy
As part of its ongoing treasury management strategy, Matador has entered into an ISDA Agreement with Galaxy. Under the terms of this agreement, Matador intends to actively generate yield on its treasury holdings primarily through the systematic execution of covered calls, alongside other supplementary options and yield generation strategies facilitated by Galaxy. The Company is initiating this strategy with an allocation of up to 20 Bitcoin.
This initiative aligns seamlessly with Matador's focus on driving long-term shareholder value while maintaining capital efficiency. By collaborating with Galaxy, an established leader in digital asset financial services, Matador aims to safely enhance its treasury returns while maintaining robust risk management, security, and liquidity for its core Bitcoin assets. This prudent approach allows the Company to maximize the utility of its balance sheet while remaining steadfast in its Bitcoin-first strategy.
Appointment of Geoff St. Clair
Mr. St. Clair succeeds Jing Peng, who has resigned from his role as Chief Financial Officer effective March 26, 2026. The Company wishes to express its sincere gratitude to Jing for his dedication and service. As CFO, Jing brought extensive experience in corporate finance and operations to Matador from his previous roles in investment banking and private equity, and the Company wishes him the best in his future endeavors.
Mr. St. Clair has served as Matador's Vice President of Finance since the Company's inception in November 2021. Having been an integral part of the executive team from the beginning, his appointment to Chief Financial Officer represents a natural progression of his leadership and responsibilities within the Company.
With a strong background in M&A, reverse-takeover transactions, initial public offerings, and treasury management, Mr. St. Clair has developed extensive operational and transaction experience in both traditional finance and emerging, high-growth markets. Throughout his career in emerging industries, he has driven growth through business development projects and overseen financial operations, including strategic financial planning, budgeting, forecasting, and risk management.
Media Contact:
Deven Soni
Chief Executive Officer
Email: deven@matador.network
Phone: 647-496-6282
About Matador Technologies Inc.
Matador Technologies Inc. (TSXV:MATA, OTCQB:MATAF, FSE:IU3) 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 proposed to expand its global footprint by entering into an agreement to invest in HODL Systems, one of India's first digital asset treasury companies, securing up to a
With a Bitcoin-first strategy, and a clear focus on innovation, Matador is shaping the future of financial infrastructure on Bitcoin.
Visit us online at https://www.matador.network/.
Cautionary Statement Regarding Forward-Looking Information
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.
Forward Looking Statements - Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties, including risks associated with the implementation of the Company's treasury management strategy, receipt of regulatory approvals, and the launch of its mobile application as currently proposed or at all. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including with respect to the potential acquisition of Bitcoin and/or US dollars, the pricing of such acquisitions and the timing of future operations. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
SOURCE: Matador Technologies Inc.
View the original press release on ACCESS Newswire
FAQ
What does Matador (MATAF) announced on March 31, 2026 about a Bitcoin yield strategy?
How many Bitcoin is Matador (MATAF) allocating to the new yield program and when did it start?
What counterparty is Matador (MATAF) using for its Bitcoin yield strategies and why does that matter?
Who is the new CFO of Matador (MATAF) and when did the leadership change take effect?
Does Matador (MATAF) say how it will manage risk and liquidity for the yield strategy?