Mr. Akshay Sood reports

DYNAMITE BLOCKCHAIN DELIVERS RECORD Q3 2025

Dynamite Blockchain Corp. today released its financial results for the three and nine months ended Oct. 31, 2025, highlighting an expansion of its balance sheet, rapid growth in high-utility digital asset holdings and a materially strengthened financial position as the company executes on its vertically integrated blockchain ecosystem strategy.

Highlights for the quarter

Assets

For the quarter ended Oct. 31, 2025, Dynamite reported total assets of $30.96-million, representing a more than 15-fold increase from $2.04-million at Jan. 31, 2025 (Q1 2025). This growth reflects the successful execution of the company's strategy to build a diversified portfolio of scarce, utility-driven digital assets, supported by complementary products and infrastructure.

The company's asset growth was driven by:

• Strategic acquisitions of high-utility digital assets, including Masters of Trivia (MOT), mPWR and Kasya;
• Strong appreciation in the market value of digital asset holdings;
• The acquisition of Kaspa Secure Technologies, adding proprietary wallet, identity and compliance infrastructure to the ecosystem;
• Disciplined capital allocation and accretive equity-based transactions

Income

The company also reported net comprehensive income of $14.47-million for Q3, driven by unrealized gains on revaluation of digital asset holdings, reflecting both strategic asset selection and favorable market conditions.

Management views this improvement in working capital as a key milestone in strengthening the company's financial position and building its credibility for future capital raises in 2026.

Shareholders equity

During the nine months ended Oct. 31, 2025, Dynamite achieved a material balance sheet improvement, increasing its shareholders equity to $29.5-million from negative $832,000 at Q1 2025, setting a company record for shareholders equity.

Working capital

The company also had a significant improvement in its working capital deficit, reducing it from $2.26-million at Q1 2025 to less than $380,000 at Q3 2025, representing an increase in working capital of $1.87-million. The company's improvement in working capital was driven by:

• Strategic repayment and restructuring of debt obligations;
• Strengthened cash position following financings completed during the period;
• Improved accounts payable and loan balances.

Summary

Altogether, Q3 marks one of the most successful quarters in the company's history, breaking the company's records for asset values and shareholders equity. This combined with a major clean up of the company's debts and payables, positions the company to finish FY2025 as its most successful in corporate history.

"We are extremely pleased with the momentum we have built over the past two quarters," exclaimed Akshay Sood, chief executive officer of Dynamite Blockchain.

"With a significantly strengthened balance sheet and a rapidly scaling blockchain ecosystem, our focus now is to finish the year strong," Mr. Sood added.

Progress across all divisions

Dynamite's quarterly performance can be attributed to the success of its blockchain ecosystem strategy, designed to compound value across all if its three interconnected divisions.

Holdings

The company now holds a diversified portfolio of four core digital assets -- Kaspa (KAS), MOT, mPWR and Kasya -- selected for scarcity, embedded utility and real-world adoption. As at quarter-end, the company's digital asset holdings represented the vast majority of total assets, positioning Dynamite as a pure-play, balance-sheet-driven blockchain ecosystem company.

Products

The acquisition of Kaspa Secure Technologies Inc. adds the IMME Wallet platform, a fully developed non-custodial digital wallet and compliance stack supporting biometric authentication, decentralized identity and multiasset. This acquisition materially strengthens Dynamite's product layer and provides a foundation for future monetization.

Services

Building on Kaspa Secure's technology, Dynamite is advancing services including transaction APIs (application programming interfaces), compliance SDKs and identity solutions intended to enable third party integration across the broader blockchain economy.

Together, all of the company's divisions continue to succeed in creating a vertically integrated ecosystem designed to increase token utility, drive adoption and unlock multiple value streams over time. The company's back to back quarters of significant growth are a testament to the blockchain ecosystem strategy.

Strategic positioning for the next phase of growth

Management believes the company is now entering a new phase which includes continued asset accumulation but now also ecosystem activation and monetization. With a clean balance sheet, growing assets and foundational infrastructure in place, Dynamite is positioned to pursue:

• Further selective expansion of its holdings division;
• Product launches and ecosystem integrations;
• Long-term value creation driven by both digital asset appreciation and operational revenues.

"Over the past nine months, Dynamite has fundamentally transformed its balance sheet and strategic positioning," said Akshay Sood, chief executive officer of Dynamite Blockchain.

"We have grown our asset base more than 15-fold, strengthened our financial foundation and built a diversified blockchain ecosystem that we believe is uniquely positioned for the next cycle of digital asset adoption," Mr. Sood added.

This news release should be read in conjunction with the consolidated interim financial statements for the period ended Oct. 31, 2025, including the notes thereto, and management's discussion and analysis for the period ended Oct. 31, 2025, which are available under the company's profile on SEDAR+.

About Dynamite Blockchain Corp.

Dynamite Blockchain is a blockchain technology and infrastructure company focused on building shareholder value through its blockchain ecosystem strategy, which comprises three primary divisions: holdings, products and services. The holdings division is the foundation, which focuses on acquiring utility-driven tokens that combine scarcity with real-world adoption and monetization. The products and services divisions are intended to drive utility into the digital assets in the holdings division by the development and acquisition of products and services that will be compatible with the digital assets in the company's holdings division. Working in strategic harmony, the vertically integrated blockchain ecosystem not only offers shareholders ownership in rare and unique digital assets but also provides them with a unique investment vehicle that has utility generation built into its business model.

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