The Bitcoin-focused firm promotes Donato Sferra to CEO, replacing Deven Soni who shifts to executive chairman role.
Matador Technologies (MATAF) appointed co-founder Donato Sferra as CEO, effective immediately. Sferra replaces Deven Soni, who will transition to executive chairman while maintaining focus on corporate strategy and investor relations.
The leadership change follows a board decision to realign executive responsibilities. Sferra, a founding board member, will oversee strategy, operations, and capital markets execution. The company confirmed its Bitcoin treasury strategy remains unchanged despite the transition.
Matador Technologies, based in Canada, has not disclosed any immediate market reaction to the announcement.