Matador (MATA.V) — BTC Stacking Curve
Cumulative holdings, every disclosed buy, share price, and the best-fit saturation curve.
Matador holds 175 BTC across 6 disclosed purchases. Average cost basis $102,003 per BTC. Last 30 days: 0 BTC. Last 90 days: 0 BTC — 0/week. Best fit: Richards (R² 0.63). Curve flattens toward 2,034 BTC, steepest accumulation Apr 2028.
Transaction history
All BTC transactions, most recent first.
| Date | BTC | Spot | USD Cost | Cumulative |
|---|---|---|---|---|
| Nov 11, 2025 | 93 | $101.6K | $9.5M | 175 |
| Oct 15, 2025 | 5 | $115.9K | $579.7K | 82 |
| Jun 25, 2025 | 8.86 | $107.4K | $951.2K | 77 |
| Feb 6, 2025 | 3.45 | $96.8K | $334.1K | 68.14 |
| Jan 30, 2025 | 35.69 | $104.7K | $3.7M | 64.69 |
| Jan 13, 2025 | 29 | $96.3K | $2.8M | 29 |
How to read this chart
Cumulative BTC held — the staircase. Each step is a disclosed purchase; the step height is the size of the buy.
Purchase bubbles — one per buy. Bubble size is the BTC count; vertical position is the per-BTC cost basis. Small-and-high is a small buy at a high price; big-and-low is a big buy made cheap.
Share price — the secondary line on the right axis. Did the company stack faster when its equity ran hot?
Regression fit — the best of a Richards and a Gompertz saturation curve, chosen by log-R². It has to flatten: there are only 21 million Bitcoin.
Controls — Linear/Log switches the BTC axis. Play animates the curve forward through disclosure time. ‹ › steps through the cohort by holdings.