Hyper Bit Technologies Secures Definitive Agreement to Purchase Additional Bitcoin

Hyper Bit Technologies Ltd. has entered into a definitive agreement with Bit Royalty to acquire approximately 0.7 BTC and other top cryptocurrencies as treasury assets. The purchase is part of the company's multi-front growth strategy, following the acquisition of ElphaPex Crypto Miners announced on July 7th. The credit facility with Bit Royalty will be used to acquire various cryptocurrencies and will bear interest at 10%. Any securities issued in connection with the facility will be subject to a statutory four-month-and-one-day hold period.

Hyper Bit Technologies Ltd. (HYPE) has entered into a definitive agreement with Bit Royalty to acquire approximately 0.7 BTC and other top cryptocurrencies as treasury assets. This strategic move is part of the company's multi-front growth strategy, following the acquisition of ElphaPex Crypto Miners announced on July 7th.

Under the agreement, Bit Royalty will provide Hyper Bit with a credit facility of up to CAD $1,000,000, which may be advanced in one or more tranches. The proceeds will be used to acquire various cryptocurrencies as treasury assets, both from Bit Royalty and directly through Hyper Bit's own crypto wallet account. The facility will bear interest at 10%, as stipulated in the binding Letter of Intent (LOI).

The agreement allows Hyper Bit to purchase a variety of cryptocurrencies on a transactional basis, with pricing determined at the time of each transaction. Each transaction will be subject to due diligence and will comply with all applicable Canadian securities laws and the policies of the Canadian Securities Exchange.

Mr. Dallas La Porta, President, CEO, and Director of Hyper Bit Technologies Ltd., stated: "We are accelerating our multi-front growth strategy with securing initial funding to purchase ElphaPex Crypto Miners and now executing a definitive agreement for our second purchase of Bitcoin as part of our treasury strategy."

The facility will bear interest at 10%, calculated annually, and all outstanding principal and interest will be due and payable within 90 days unless converted earlier. A custodial fee of C$5,000 will also be convertible into common shares of the Company. The Parties agree to negotiate in good faith to enter into a definitive credit agreement and ancillary documents within 45 days of execution of the LOI.

Any securities of the Company issued in connection with the facility will be subject to a statutory four-month-and-one-day hold period, in accordance with applicable securities laws, and a concurrent four-month hold period imposed under CSE policies, in each case, commencing on the date of issuance.

Hyper Bit Technologies Ltd. is a forward-thinking, diversified technology company specializing in the acquisition, development, and strategic deployment of crypto mining operations and blockchain-based innovations. The company is committed to unlocking value across the crypto ecosystem while delivering growth for its stakeholders.

References:
[1] https://www.nasdaq.com/press-release/hyper-bit-announces-third-draw-bit-royalty-credit-facility-purchase-bitcoin-2025-07
[2] https://www.newsfilecorp.com/release/258796/Hyper-Bit-Executes-Definitive-Agreement-to-Purchase-2nd-Tranche-Bitcoin