01:31:55 EDT Sat 06 Jun 2026
Enter Symbol
or Name
USA
CA



Hyper Bit Technologies Ltd
Symbol HYPE
Shares Issued 32,694,242
Close 2026-06-05 C$ 0.125
Market Cap C$ 4,086,780
Recent Sedar+ Documents

Hyper Bit director Gusko resigns

2026-06-05 17:16 ET - News Release

Mr. Dallas La Porta reports

HYPER BIT TECHNOLOGIES ANNOUNCES DIRECTOR RESIGNATION AND PROVIDES CORPORATE UPDATE

Brian Gusko has tendered his resignation as a director of Hyper Bit Technologies Ltd., effective June 5, 2026, to pursue other opportunities.

The company would also like to provide a corporate update on its business operations and continuing efforts to complete its previously announced acquisition of Dogecoin Mining Technologies Corp., a Dogecoin (DOGE) and Litecoin (LTC) crypto mining infrastructure company focused on building scalable, high performance cryptocurrency mining operations. The company and DCMT are committed to completing the proposed acquisition as soon as possible.

DMTC has an experienced operations team with expertise in blockchain, big data, artificial intelligence and a renewable-energy-powered co-location agreement at a facility with access to up to 11 megawatts of capacity. DMTC has secured its portion of that capacity at an anticipated all-in power and hosting rate of under 10 cents per kilowatt-hour. DMTC is positioned to scale mining operations upon allocation of capital resources, leveraging industry-leading hardware, low-cost sustainable energy and operational expertise to pursue profitability and long-term value creation in the expanding digital asset ecosystem.

DCMT holds a portfolio of ElphaPex DG1+ and DG2 ASIC miners or rigs consisting of 20 DG1+ and 25 next-generation DG2s, as well as hardware supply agreements for up to 2,660 additional ElphaPex DG1+ and DG2 units currently hosted in an 11-megawatt, purpose-built crypto mining facility in Quebec, Canada, where the rigs are managed for the mining of DOGE and LTC.

Dallas La Porta, president, chief executive officer and director of Hyper Bit, stated: "The acquisition of DMTC will accelerate Hyper Bit in its pursuit of building scalable, high performance crypto currency mining operations. Hyper Bit is well positioned as one of the first publicly traded, altcoin-focused mining companies, with the goal of delivering long-term value creation and profitability within the rapidly evolving digital asset ecosystem. We look forward to working with the DMTC team, whose extensive expertise and industry connections add substantial strategic value to Hyper Bit."

About ElphaPex DG2

The DG2 from ElphaPex is one of the latest cutting-edge ASIC miners for mining DOGE and LTC. The ElphaPex DG2 has one of the highest hash rates on the Scrypt algorithm with a maximum hash rate of 18 gigahashes per second for a power consumption of only 3,960 watts. This results in an impressive power efficiency of 0.22 joule per Mh. The ElphaPex DG2 runs on the Scrypt algorithm offering a dual mining experience for both DOGE and LTC.

About Hyper Bit Technologies Ltd.

Hyper Bit is a forward-thinking, diversified technology company specializing in the acquisition, development and strategic deployment of crypto mining operations and blockchain-based innovations. As global interest in digital assets accelerates -- driven by the rise of blockchain, decentralized finance, and increasing institutional and retail adoption -- Hyper Bit is committed to unlocking value across the crypto ecosystem while delivering growth for our stakeholders. Hyper Bit is a member of the Blockchain Association of Canada and the American Blockchain & Cryptocurrency Association.

We seek Safe Harbor.

© 2026 Canjex Publishing Ltd. All rights reserved.