Mr. Olivier Roussy Newton reports

BTQ TECHNOLOGIES LAUNCHES BITCOIN QUANTUM TESTNET, MARKING 17 YEARS SINCE BITCOIN'S GENESIS BLOCK WITH FIRST QUANTUM-SAFE FORK

BTQ Technologies Corp. has launched the bitcoin quantum testnet, the first quantum-safe fork of bitcoin, 17 years after Satoshi Nakamoto mined the bitcoin genesis block on Jan. 3, 2009.

• Historic milestone: Bitcoin quantum testnet launches, 17 years after Satoshi Nakamoto mined bitcoin's genesis block, delivering the first quantum-safe bitcoin fork using NIST-standardized ML-DSA cryptography.
• Open participation: The permissionless testnet invites miners, developers, researchers and users to run nodes, build tooling, audit cryptography, and stress-test quantum-resistant transactions before main net migration.
• Institutional urgency validated: Leading research firm Delphi Digital identified bitcoin quantum as a quantum canary network in its comprehensive report, while BlackRock, VanEck and other major asset managers now explicitly disclose quantum risk in Securities and Exchange Commission filings covering $70-billion-plus in bitcoin holdings.
• Government mandates accelerating: With United States federal agencies required to migrate to postquantum cryptography by 2035 under NSM-10, and the NSA mandating ML-DSA (module-lattice digital signature algorithm) for all national security systems, bitcoin quantum demonstrates a production-ready path for the cryptocurrency industry to meet the same security standards.

The testnet launch marks a pivotal step toward protecting the nearly $2-trillion BTC value at risk, with 6.26 million BTC (approximately $650-billion to $750-billion) already sitting in addresses with exposed public keys, vulnerable to future quantum attack. Bitcoin quantum replaces bitcoin's quantum-vulnerable ECDSA signatures with ML-DSA, the same NIST-standardized postquantum cryptographic algorithm mandated by the U.S. government for protecting national security systems.

"Seventeen years ago, bitcoin introduced a new paradigm for digital value. Today, we're launching the testnet that will help ensure bitcoin's security model survives the quantum era," said Olivier Roussy Newton, chief executive officer and chairman of BTQ Technologies. "While the broader bitcoin community deliberates on postquantum approaches, we're providing a live, open environment where the entire industry can test, validate and refine quantum-resistant solutions before the threat arrives."

Open and permissionless: a call to the community

The bitcoin quantum testnet is fully open and permissionless, inviting participation across four key roles:

• Miners: run a node, mine blocks and send quantum-safe transactions to validate network consensus under realistic conditions;
• Developers: create interfaces, build tooling and launch mining pools to accelerate ecosystem development;
• Researchers: audit the ML-DSA cryptographic implementation, benchmark performance characteristics and probe attack models to strengthen security;
• Users: set up a wallet, transact with others and attempt to break things -- helping identify vulnerabilities before main net deployment.

The testnet infrastructure includes a block explorer and a mining pool on-line, providing immediate accessibility for participants worldwide.

Delphi Digital validates bitcoin quantum thesis

In its December, 2025, report, "BTQ Technologies: Securing Crypto's Future Against the Quantum Threat," leading digital asset research firm Delphi Digital positioned bitcoin quantum as a critical proving ground for the industry's quantum transition. Delphi's analysis highlighted that approximately 6.65 million BTC face immediate quantum risk due to permanently exposed public keys, including Satoshi Nakamoto's estimated holdings of 600,000 to 1.1 million BTC. The report characterized bitcoin quantum as a quantum canary network, a production-grade testbed enabling the crypto ecosystem to battle-test quantum-resistant solutions without risking the bitcoin mainnet. Delphi Digital noted that BTQ may become "the ultimate quantum insurance policy that ensures the original promise of sovereign digital money survives the transition."

Quantum computing progress creates narrow migration window

The testnet launch arrives as quantum computing milestones accelerate at an unprecedented pace:

• Google's Willow chip (December, 2024) achieved the first demonstration of below-threshold quantum error correction, a critical step toward scalable fault-tolerant quantum computers.
• Microsoft's Majorana 1 (February, 2025) introduced the first topological qubit processor, potentially accelerating timelines for cryptographically relevant quantum computers.
• Industry road maps now target one million qubits by 2030, with researchers demonstrating 20 times reductions in the physical qubit count required to run cryptanalytically relevant algorithms.

The harvest now, decrypt later threat compounds urgency as adversaries are already collecting blockchain keys to break in the future. A Federal Reserve study warned this is an "active threat," and bitcoin's immutable public ledger means past transactions remain permanently vulnerable once quantum computers arrive. Ethereum co-founder Vitalik Buterin has publicly stated there is a 20-per-cent probability that quantum computers capable of breaking current cryptography could arrive by 2030, recommending network readiness by 2035.

United States government mandates validate migration imperative

On Nov. 18, 2025, the Department of Defense issued a memorandum requiring all DoD components to phase out legacy cryptography and migrate to NIST-approved postquantum algorithms by Dec. 31, 2030. The memo cited the need for "expedited migration to quantum-resistant cryptography to safeguard the Department's information systems, communications and personnel," and mandated immediate identification and inventory of all cryptographic systems across national security systems, weapons systems, cloud computing, mobile devices and operational technology. The DoD directive builds upon a broader federal push toward quantum-safe infrastructure:

• NIST finalized ML-DSA as FIPS 204 on Aug. 13, 2024, establishing it as the primary standard for postquantum digital signatures, the same algorithm implemented in bitcoin quantum.
• NSA's CNSA 2.0 mandates ML-DSA for all National Security Systems, with legacy cryptography completely disallowed by 2035.
• The White House estimates $7.1-billion for government-wide PQC migration between 2025 and 2035.

Institutional investors acknowledge quantum risk

Major asset managers are now treating quantum computing as a material investment risk, lending urgency to bitcoin quantum's mission:

• BlackRock tripled the length of quantum risk disclosure in its iShares Bitcoin Trust (IBIT) prospectus, which holds $64-billion in assets, warning that quantum computing could "compromise the security of the bitcoin network" and result in "losses to shareholders."
• VanEck chief executive officer Jan van Eck issued a stark warning in December, saying: "Ultimately, VanEck has been around before bitcoin. We will walk away from bitcoin if we think the thesis is fundamentally broken."
• JPMorgan Chase has made substantial quantum investments, including participation in a $300-million funding round for Quantinuum, with executives stating that quantum computing "will change the security landscape of technologies like blockchain and cryptocurrency in the foreseeable future."

Capturing value across the quantum transition

BTQ is building multiple revenue streams around the inevitable migration to quantum-safe infrastructure. BTQ will operate a bitcoin quantum mining pool, generating mining revenues to accumulate and hold bitcoin quantum tokens as a strategic treasury asset. This early positioning mirrors crypto-native treasury strategies, allowing BTQ to capture direct upside as network value grows. As the only production-ready quantum-safe bitcoin fork, BTQ is positioned to capture mining economics in what may become the dominant postquantum proof-of-work network.

BTQ Technologies will retain bitcoin quantum tokens as a strategic treasury asset. Through its mining pool (3-per-cent fee on all block rewards), the company projects accumulation of approximately 100,000 BTQ tokens in the first 12 months of network operation, exclusive of tokens mined directly by the company. These holdings will be retained on the corporate balance sheet, and the company will evaluate appropriate uses for these holdings as the network matures.

As quantum-resistant transactions become the institutional standard for high-value on-chain assets, BTQ's infrastructure creates opportunities for security-as-a-service models, premium settlement layers and quantum certification services. With tokenized assets projected to exceed $16-trillion by 2030, BTQ is positioned to monetize the cryptographic rails that institutional capital will require.

The company's full-stack architecture enables value capture across both enterprise and permissionless markets. Centralized offerings such as the Quantum Secure Systems and Networks (QSSN) deliver managed services with the compliance frameworks, service-level agreements, and integration support that regulated institutions require.

Simultaneously, decentralized products like bitcoin quantum provide open, permissionless infrastructure for the broader crypto ecosystem. This dual approach enables BTQ to serve institutional clients seeking turnkey solutions while capturing value from organic network growth in public blockchain environments.

Bitcoin core progress remains limited

Despite the quantified risk, bitcoin core has made minimal progress on postquantum cryptography. According to a May, 2025, Chaincode Labs analysis, all bitcoin postquantum initiatives "remain at an early and exploratory stage, with much of the preliminary research still occurring informally and privately." BIP 360 (Pay to Quantum Resistant Hash), proposed in September, 2024, remains in draft status. Bitcoin's conservative governance culture poses additional challenges. SegWit took approximately 8.5 years from conception to widespread adoption and Taproot took approximately 7.5 years. Bitcoin Quantum addresses this gap by providing a fully functional, NIST-compliant quantum-safe implementation that the community can evaluate, test and iterate upon without waiting for bitcoin core consensus.

Testnet technical specifications

Bitcoin quantum testnet implements the following technical enhancements:

• ML-DSA integration: complete replacement of ECDSA with FIPS 204 standardized ML-DSA, providing 128-bit postquantum security;
• Increased block size: 64 MiB block size limit to accommodate larger post-quantum signatures (ML-DSA signatures are approximately 38 to 72 times larger than ECDSA);
• Full transaction life cycle: support for wallet creation, transaction signing, verification and mining with quantum-resistant cryptography;
• Infrastructure: block explorer and mining pool available on-line.

"The quantum threat doesn't wait for consensus," concluded Olivier Roussy Newton. "By launching this testnet on the 17th anniversary of bitcoin's genesis block, we're honouring Satoshi's vision of a secure, decentralized monetary system while ensuring that vision can survive the most significant cryptographic transition in computing history."

About bitcoin quantum

bitcoin quantum is a postquantum proof-of-work cryptocurrency designed for the quantum era. It maintains bitcoin's economic model and network architecture while implementing quantum-resistant cryptographic primitives and enhanced transaction capacity specifically designed for large postquantum signatures. Built on bitcoin core's proven codebase, bitcoin quantum features a 64 MiB block size limit and integrates a PPK (postquantum key) infrastructure that enables seamless integration of future quantum-resistant signature algorithms.

About BTQ Technologies Corp.

BTQ Technologies is a vertically integrated quantum company accelerating the transition from classical networks to the quantum Internet. Backed by a broad patent portfolio, BTQ pioneered the industry's first commercially significant quantum advantage and now delivers a full-stack, neutral-atom quantum computing platform with end-to-end hardware, middleware and postquantum security solutions for finance, telecommunications, logistics, life sciences and defence.

We seek Safe Harbor.