Mr. Dallas La Porta reports

HYPER BIT SIGNS BINDING LOI FOR CREDIT FACILITY TO PURCHASE BITCOIN AND DOGECOIN

Hyper Bit Technologies Ltd. has entered into a binding letter of intent dated June 11, 2025, with 663312 B.C. Ltd., doing business as Bit Royalty, to provide a credit facility through which the company may, from time to time and at its discretion, acquire bitcoin and dogecoin directly from Bit Royalty in exchange for shares of the company.

The agreement allows for the company to acquire bitcoin and/or dogecoin on a transactional basis, with pricing to be determined at the time of each transaction. Each transaction will be subject to due diligence, and will comply with all applicable Canadian securities laws and the policies of the Canadian Securities Exchange.

Bit Royalty shall provide a credit facility of up to $1-million, which may be advanced in one or more tranches, subject to mutual agreement. The proceeds shall be used by Hyper Bit solely to acquire bitcoin, dogecoin or other mutually agreed cryptocurrencies as treasury assets. Drawdowns shall be made upon written notice by Hyper Bit and subject to customary conditions precedent agreed between the parties.

The facility shall bear interest at 10 per cent, calculated annually. All outstanding principal and interest shall be due and payable within 90 days, unless converted earlier. The parties agree to negotiate in good faith to enter into a definitive credit agreement and ancillary documents within 45 days of execution of this LOI.

Any securities of the company issued in connection with the facility will be subject to a statutory four-month-and-one-day hold period in accordance with applicable securities laws and a concurrent four-month hold period imposed under CSE policies in each case commencing on the date of issuance.

Dallas La Porta, president, chief executive officer and director of Hyper Bit, stated: "Our partnership with Bit Royalty marks the beginning of building the company's bitcoin and dogecoin positions, enabling Hyper Bit to utilize its common shares as currency to expand its exposure to bitcoin and dogecoin. By establishing a hedged bitcoin and dogecoin position and expanding our mining operations for cryptocurrencies such as dogecoin, litecoin and alleocoin, which can be converted to bitcoin on a percentage basis, we are pursuing a robust and strategic approach to growth in the cryptocurrency sector."

Market awareness

Hyper Bit further announces that it has entered into a marketing agreement, effective June 11, with Departures Capital Inc., a marketing company that provides investor relations services, including e-mail marketing, lead generation, digital media, outsourced advertising and other related services to assist Hyper Bit in raising public awareness of the company and enhance its on-line presence in compliance with the policies and guidelines of the Canadian Securities Exchange. The term of the marketing agreement will be for six months, commencing on June 11, 2025, and ending on Dec. 11, 2025. As consideration for the provision of its services under the marketing agreement, Departures Capital will be entitled to a cash payment of up to $30,000. Hyper Bit will not grant any stock options or issue any other securities in connection with the marketing agreement. Departures Capital is a company existing under the laws of the Province of British Columbia. Departures Capital is an arm's-length service provider to the company. Aaron Missere is Departures Capital's principal.

Loan agreement

The company has entered into a 90-day unsecured demand loan agreement with three arm's-length parties for a total loan of $220,000. The loan is subject to a loan fee of 15 per cent and bears interest at 10 per cent per annum. The parties at their sole discretion may convert the loan into the company's next private placement, including the loan fee and any unpaid interest.

About Hyper Bit Technologies Ltd.

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

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