July 28, 2025 3:05 AM EDT | Source: Hyper Bit Technologies Ltd.
Vancouver, British Columbia–(Newsfile Corp. – July 28, 2025) – Hyper Bit Technologies Ltd. (CSE: HYPE) (OTCID: HYPAF) (FSE: N7S0) (“Hyper Bit” or the “Company”) is pleased to announce a significant advancement in its Dogecoin and Litecoin mining operations. The company has provided funding to DogeCoin Mining Technologies Corp. (“DogeCoin Mining“) to facilitate the acquisition of ten (10) additional ElphaPex DG1+ mining units. This latest purchase brings the total number of DG1+ miners to twenty (20). These advanced miners are specifically designed for mining Dogecoin (“DOGE”) and Litecoin (“LTC”). The mining equipment will be expertly installed and maintained at a specialized, third-party operated facility in Quebec, Canada, powered by 11 MW of renewable energy. Hyper Bit secured these units at a favorable rate of USD $5,400 each, resulting in a total investment of USD $108,000 for the twenty miners.
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Dallas La Porta, President, CEO, and Director of Hyper Bit Technologies Ltd., commented: “We’ve successfully completed the funding for our initial order of twenty DG1+ miners. We’re excited about the upcoming installation of these powerful mining systems at the state-of-the-art, renewable energy facility in Quebec. These highly efficient ASIC mining rigs will be strategically deployed and fine-tuned to optimize Dogecoin and Litecoin mining operations, boosting our overall crypto mining capacity.”
About Hyper Bit Technologies Ltd.
Hyper Bit Technologies Ltd. is a dynamic and innovative technology company focused on acquiring, developing, and strategically deploying crypto mining operations and blockchain solutions. With the rapidly growing global interest in digital assets, fueled by the expansion of blockchain technology, decentralized finance (DeFi), and increasing adoption by both institutional and retail investors, Hyper Bit is dedicated to maximizing value within the cryptocurrency ecosystem and driving growth for its stakeholders. Hyper Bit Technologies Ltd. proudly holds memberships in both the Blockchain Association of Canada and the American Blockchain & Cryptocurrency Association.
Stay up-to-date with our latest news by subscribing to company updates at Hyperbit.ca and connecting with us on social media: X.com, TikTok, Instagram, and LinkedIn. Hyper Bit Technologies Ltd. trades publicly in Canada (CSE: HYPE), the USA (OTCID: HYPAF), and Europe (FSE: N7S0).
ON BEHALF OF THE BOARD
(Signed) “Dallas La Porta” __________
Dallas La Porta, President, CEO and Director
FORWARD-LOOKING STATEMENTS:
This press release may contain “forward-looking statements” which represent the Company’s expectations or beliefs regarding future events. These statements, identifiable by terms such as “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential,” and similar expressions, or indications that events or conditions “will,” “would,” “may,” “could,” or “should” occur, are not guarantees of future performance. Specifically, forward-looking statements include those relating to the Proposed Transaction and associated matters. While the Company believes these expectations are based on reasonable assumptions, actual results may differ significantly. Factors influencing these differences include market fluctuations, the availability of capital and financing, and overall economic and business conditions. Investors should recognize that these statements are not guarantees, and actual results may vary materially from projections. These statements reflect the Company’s management’s current beliefs, estimates, and opinions as of the date made. The Company undertakes no obligation to update these forward-looking statements should these beliefs, estimates, opinions, or other factors change, except as mandated by applicable securities laws.
All investments carry inherent risks. Cryptocurrencies are inherently volatile and speculative. Companies involved in developing technologies and investing in crypto mining are exposed to this volatility. Readers are advised to seek professional investment advice to evaluate the suitability of any investment opportunity.
Neither the Canadian Securities Exchange nor its Regulation Services Provider assumes responsibility for the accuracy or completeness of this announcement.
The original version of this announcement can be found at https://www.newsfilecorp.com/release/260209
