Matador Technologies Bets on Bitcoin to Hedge Against Country's Growing Inflation Amid Rising National Debt

The firm's confidence in cryptocurrency as a store of value has been strengthened by increasing institutional interest, highlighted in VanEck's recent report.

Matador Technologies, a blockchain firm, has announced its plan to acquire $4.5 Million in Bitcoin (BTC) this month, aiming to diversify its treasury and hedge against the risks of currency debasement.

The firm’s Board of Directors has unanimously approved adding Bitcoin and USD-denominated assets to the corporate treasury. This move reflects Matador Technologies’ growing belief in Bitcoin’s potential as a reliable long-term capital preservation tool.

“Matador’s Board and management believe in using Bitcoin to future-proof our treasury,” said Sunny Ray, President of Matador. “This step also supports our mission to explore using Bitcoin as a platform for our gold-based products.”

Moreover, the company plans to continue acquiring Bitcoin through its “measured buying programs.” By adding Bitcoin, Matador Technologies seeks to broaden its asset base and protect its financial future.

“For Matador’s focus on creating a product that exemplifies trust, permanence, and value, we expect Bitcoin to be the platform of choice,” added Deven Soni, CEO and Chairman.

The move comes amid rising institutional adoption of Bitcoin and increasing concerns about the economic outlook. Several nations and companies are considering or have adopted Bitcoin for their cash piles. El Salvador’s President Nayib Bukele recently announced plans to purchase 20,000 more Bitcoin. The country has a total BTC holdings of 5,995 in reserve, valued at over $580 Million.

Similarly, Asian firms like Metaplanet have revealed intentions to acquire 619 additional Bitcoin.

MicroStrategy, the American business intelligence firm, continues to make substantial Bitcoin investments. Three weeks ago, it purchased 15,400 BTC worth $1.5 Billion, and earlier today, it added 5,262 BTC for $561 Million.

Chairman Michael Saylor, a strong Bitcoin advocate, has even suggested the cryptocurrency as a potential solution to the U.S.’s $36 Trillion debt. This was also highlighted in VanEck’s recent report.

As of December 17th, only 68 public companies held Bitcoin on their balance sheets, but VanEck forecasts that by 2025, this number will hit 100. On December 9th, Jetking Infotrain became the first publicly traded company to add Bitcoin to its balance sheet.

Meanwhile, industry leaders like MicroStrategy, Marathon, and Riot are aggressively accumulating Bitcoin.

VanEck’s report also noted that Bitcoin is being withdrawn from exchanges rapidly, indicating strong accumulation trends. Despite recent price dips, including Bitcoin dropping below $100K, VanEck remains optimistic about its long-term prospects.