Mr. Dustin Zinger reports

SONICSTRATEGY ACQUIRES 500,000 SYN TOKENS, EXPANDING TREASURY EXPOSURE TO ON-CHAIN DERIVATIVES

Sonicstrategy Inc. has acquired 500,000 SYN tokens through open-market purchases at an average price of approximately 23 U.S. cents per token ($57.5-million (U.S.) FDV market capitalization) for an aggregate purchase price of approximately $115,000 (U.S.).

SYN is a digital asset associated with the Synapse ecosystem. Synapse Labs is developing Hypercall, a decentralized options protocol designed to operate within the Hyperliquid ecosystem. The acquisition represents the company's initial treasury investment focused on on-chain derivatives.

Hyperliquid operates a decentralized trading ecosystem supporting perpetual futures and other financial products. Hypercall is developing an options protocol designed to leverage Hyperliquid's existing trading and collateral infrastructure. Management believes this approach could support the growth of decentralized options markets by building on an established trading ecosystem. The company views on-chain derivatives as an emerging opportunity within the broader development of blockchain-based financial infrastructure.

Synapse Labs has published a proposal titled SYN buybacks, SLP fee allocation and SYN staking discounts, which contemplates allocating 70 per cent of certain protocol fees to SYN token buybacks. If approved and implemented, the proposed mechanism could create a relationship between protocol activity and demand for SYN.

"Our Sonic holdings and validator operations remain core to our business," said Dustin Zinger, chief executive officer of Sonicstrategy. "This acquisition expands our treasury strategy into on-chain derivatives. As more real-world assets become tokenized and financial activity moves on chain, we believe demand for supporting infrastructure will grow. Hypercall's approach to building options infrastructure within the Hyperliquid ecosystem aligns with this opportunity. We intend to continue expanding our digital asset treasury with a focus on long-term shareholder value."

The company also announces that Spencer MacLean has resigned from the board of directors, effective immediately. The company thanks Mr. MacLean for his contributions and wishes him well in his future endeavours.

About Sonicstrategy Inc.

Sonicstrategy is a publicly traded digital asset infrastructure company focused on advancing the next generation of on-chain finance. The company operates blockchain infrastructure and validator nodes, helps secure networks through staking, and pursues opportunities in decentralized finance and asset tokenization.

We seek Safe Harbor.