Mr. Karsten Arend reports

BITRUSH CORP. PROVIDES CORPORATE UPDATE

The special committee of the board of directors of Bitrush Corp. is providing the following update to shareholders.

Further to previous updates regarding the special committee's efforts to protect the business and operations of Bitrush, orders have been made at the commercial court in Toronto against Elfriede Sixt, Alfred Dobias and MezzaCap Investments Ltd. to, among other things:

1. Amend the notice of application to add Mr. Sixt, Bitrush's former accountant, as a respondent to the application;
2. Compel Mr. Dobias, MezzaCap Investments and Mr. Sixt to deliver or cause to be delivered forthwith to Bitrush the corporate assets and property of Bitrush and its subsidiaries that continue to be within their possession or control;
3. Compel Mr. Dobias, MezzaCap Investments and Mr. Sixt to cease dealing with Bitrush's assets.

Readers are reminded that all news releases on the Bitrush(.co) website since December, 2016, were posted by Werner Boehm and should be ignored in their entirety.

With regards to the matters before the Ontario Superior Court of Justice -- commercial list and as previously announced, a court order has been issued against Mr. Boehm to return all company assets in his possession or control, cease dealing with company assets, communicating with Bitrush's customers, or holding himself out as an officer or director of the company or its subsidiaries. Originally scheduled for March 20, 2017, the application was rescheduled for April 21, 2017, to provide the respondents additional time to respond to the application record filed by the company. No responding materials have been delivered, and the company expects that the application will proceed as scheduled.

Readers are reminded that the only official Bitrush website is located at www.BitRush.com, and that the company's AdBit's website and Twitter addresses are www.Adbit.biz and www.twitter.com/AdbitBiz, respectively, and that the ANOON website is now www.ANOON.com. Bitrush(.co), Adbit(.co), ANOON(.co) and twitter.(com)/AdBitOfficial remain under the unlawful control and operation of Mr. Boehm, are not affiliated with the company and should be disregarded entirely.

The company's securities remain subject to the cease trade order imposed by the Ontario Securities Commission on Dec. 2, 2016 (see the news release dated Dec. 2, 2016).

We seek Safe Harbor.