Mr. Dallas La Porta reports

HYPER BIT ANNOUNCES CONVERTIBLE DEBENTURE FINANCING TO ORDER UP TO 100 NEXT GEN ELPHAPEX DG2 CRYPTO MINERS AND THE ARRIVAL OF INITIAL 20 DG1+ MINERS AT QUEBEC FACILITY

Hyper Bit Technologies Ltd. intends to complete a non-brokered private placement of unsecured convertible debentures with a principal amount of up to $521,525. The company has cancelled loan agreements previously announced on July 21, 2025, for $453,500.

The debentures will be non-interest-bearing and will be issued at an original issue discount equal to 15 per cent of the aggregate principal amount of the debentures. The debentures will mature on the date that is three months from the date of issuance.

On the maturity date, the company shall have the right to convert the principal amount of the debentures into units of the company at a price of 30 cents per unit. Further, the principal amount of the debentures may be converted into units at the conversion price, in whole or in part, at the option of the holder, at any time following the date of issuance but on or before the maturity date.

Each unit will consist of one common share in the capital of the company and one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one common share at a price of 40 cents per warrant share for a period of 36 months from the date of issuance.

The company intends to use the proceeds from the offering to facilitate an order of up to an additional 75 ElphaPex DG2 miners for a total of 100 miners.

The company may pay finders' fees in connection with the offering to eligible arm's-length finders in accordance with applicable securities laws and the policies of the Canadian Securities Exchange.

All securities issued in connection with the offering will be subject to a statutory hold period of four months and one day following the date of issuance in accordance with applicable Canadian securities laws.

The company's initial order of 20 ElphaPex DG1+ miners has now arrived at the Quebec hosting facility. These miners are in the process of being installed and optimized for the mining of Dogecoin and Litecoin, which is anticipated to commence shortly.

Dallas La Porta, president, chief executive officer and director of Hyper Bit Technologies, stated: "The arrival of our initial order of DG1+ miners marks an exciting milestone for Hyper Bit. We anticipate the mining of Dogecoin and Litecoin to commence shortly and we will be advancing additional funds for the purchase of up to 100 next-generation ElphaPex DG2 miners with anticipated Q4 delivery."

About Elphapex DG2

The DG2 from ElphaPex is one of the latest cutting-edge ASIC (application-specific integrated circuit) miners for mining Dogecoin and Litecoin. 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 megahertz. The ElphaPex DG2 runs on the Scrypt algorithm offering a dual mining experience for both Dogecoin (DOGE) and Litecoin (LTC).

About Hyper Bit Technologies Ltd.

Hyper Bit Technologies 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 (defi), and increasing institutional and retail adoption -- Hyper Bit is committed to unlocking value across the crypto ecosystem while delivering growth for the company's stakeholders. Hyper Bit Technologies is a member of the Blockchain Association of Canada and the American Blockchain & Cryptocurrency Association.

We seek Safe Harbor.