Vancouver, British Columbia–(Newsfile Corp. – July 7, 2025) – HYPER BIT TECHNOLOGIES LTD. (CSE: HYPE) (OTC Pink: HYPAF) (FSE: N7S0) (the “Company” or “Hyper Bit”) announces that it has executed a Loan Agreement with an arm’s length lender to be allocated towards the purchase of an initial ten (10) ElphaPex DG1+ Miners for the mining of Dogecoin (“DOGE”) and Litecoin (“LTC”) as previously announced on May 7th, May 16th, 2025, and May 20th. The ElphaPex DG1+ miners will be installed and professionally managed at the 11 MW renewable energy powered facility in Quebec, Canada.
Mr. Dallas La Porta, President, CEO and Director of Hyper Bit Technologies Ltd. stated: “We are rapidly moving forward in both of our primary verticals, crypto mining and acquiring crypto currencies as treasury assets. We are progressing towards executing a definitive agreement to acquire Dogecoin Mining Technologies Ltd. through our initial ElphaPex crypto miner purchase and ongoing due diligence. These high efficiency ASIC mining rigs will be shipped to and deployed at the professionally managed, renewable power facility to commence Dogecoin and Litecoin mining operations. We continue to be bullish on Bitcoin and the crypto markets and are moving to build our crypto treasury through strategic partnerships and financing, providing investors with comprehensive and compliant exposure to the crypto currency sector.”
About the Loan
The Company has executed loan agreements with 3 arm’s length lenders on June 18th 2025 and July 4th 2025, for a combined CAD $160,000 to be allocated towards the purchase of an initial ten ElphaPex DG1+ Miners for the mining of Dogecoin (“DOGE”) and Litecoin (“LTC”) as previously announced on May 7th, May 16th, 2025, and May 20th and for working capital. The loan will bear 10% interest per annum and a 15% loan fee shall be applied.
About Hyper Bit Technologies Ltd.
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 our stakeholders. Hyper Bit Technologies Ltd. is a member of the Blockchain Association of Canada and the American Blockchain & Cryptocurrency Association.
Stay informed on our latest developments by subscribing to Company updates at Hyperbit.ca and follow us across our social media channels: X.com, TikTok, Instagram, and LinkedIn. Hyper Bit Technologies Ltd. is publicly listed in Canada (CSE: HYPE), the USA (OTC Pink: HYPAF) and in Europe (FSE: N7S0).
ON BEHALF OF THE BOARD
(Signed) “Dallas La Porta”
Dallas La Porta, President, CEO and Director
FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-602-4935
Facsimile: 1-604-602-4936
e-mail: team@hyperbit.ca
Source: HYPER BIT TECHNOLOGIES LTD
Disclaimer: This press release was provided by the company or its representatives and is published for informational purposes only. It does not constitute investment, legal, or financial advice.
