Hyper Bit Technologies Announces Private Placement and Debt Settlement

Hyper Bit Technologies Ltd. has announced a non-brokered private placement of up to 15,000,000 units (the “Units”) at a price of $0.105 per Unit. The Offering includes the settlement of up to approximately $500,000 of outstanding debt through the issuance of Units to certain creditors of the company. Each Unit will consist of one common share in the capital of the company (a “Share”) and one Share purchase warrant (a “Warrant”). Each Warrant will be exercisable to purchase one additional Share (a “Warrant Share”) at an exercise price of $0.15 per Warrant Share for a period of 36 months after the date of issuance, subject to acceleration, at the election of the company, if the trading price of the Shares on the Canadian Securities Exchange (the “CSE”) is at or above $0.30 for a period of five (5) consecutive trading days, to a date that is 30 days from the notice of acceleration.

The company intends to use the proceeds from the Offering to purchase crypto mining rigs, complete marketing, and for general working capital purposes. All securities issued in connection with the Offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities laws. The company may pay finder's fees on the Offering within the amount permitted under the policies of the CSE and applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Hyper Bit Technologies Ltd. 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 its stakeholders.