File: Attachment 07-24-2025 KAS NR - Dynamite Strategy and Operational Update 11pm.pdf

Dynamite Blockchain Corp.

Dynamite Blockchain Outlines Utility Token Strategy and Provides Comprehensive Operational Update

Vancouver, B.C., July 24, 2025 Dynamite Blockchain Corp. (the "Company" or "Dynamite") (CSE: KAS) (OTC:CRYBF) is pleased to provide a comprehensive operational update, highlighting the strategic evolution of the Company's Blockchain Ecosystem to include the acquisition of utility- based digital assets, while continuing to build out the Blockchain Ecosystem.

Strategic Evolution of the Blockchain Ecosystem

Leveraging the Ecosystem

For the past year, Dynamite has been focused on building its dynamic Blockchain Ecosystem to serve as both a technological and strategic differentiator from its competitors. This effort has not just been about acquiring and developing technologies to launch blockchain products; it has been about strategically constructing a vertically integrated infrastructure that could meaningfully enhance the value, utility, and adoption of high-utility digital assets. Through this development, Dynamite has now identified and implemented a framework that enables the Company to serve as an active conduit for utility tokens; embedding them directly into products, services, and infrastructure that will drive continuous real-world engagement and monetization. Dynamite Blockchain Corp.

In the Company's view, its evolution to acquire and hold utility tokens positions Dynamite not merely as a holder of digital assets, but as a leveraged system whereby the integration of the utility tokens into its Blockchain Ecosystem creates an additional multiplier effect for their utility and therefore their value. By integrating digital assets such as Kaspa ($KAS) and the Masters of Trivia ($MOT) into its Blockchain Ecosystem, Dynamite intends to accelerate adoption of those underlying digital assets while creating new revenue pathways for the Company linked to token activity. In doing so, the Company intends to establish as a self-reinforcing system that will support value creation across all layers of its Blockchain Ecosystem while adding fundamental utility and therefore value to all integrated digital assets. Dynamite's evolved Blockchain Ecosystem is defined by three strategic pillars: (1) Digital Asset Holdings, which currently include $KAS and $MOT; (2) Digital Asset Products, which currently includes the development of wallet technologies and green mining infrastructure; and (3) Digital Asset Services, which the Company is developing to encompass transaction application programming interfaces (APIs), staking software development kits (SDKs), and business-to-consumer (B2C) payment tools designed to expand token use cases and user participation.

Strategic Rationale

Dynamite Blockchain's evolved strategy is rooted in the conviction that the next generation of digital asset investing will be driven not by speculation, but by utility; assets with real-world function, user adoption, and integrated monetization. The Company believes the timing and structure of this strategy are compelling for the following reasons:

dot Differentiation: Dynamite has committed to utility-focused digital assets like Kaspa and MOT. These tokens are not merely stores of value, but engines of activity within ecosystems.

dot Scarcity: Both $KAS and $MOT mirror $BTC's scarcity model--no inflation, no central issuance.

dot Utility: Unlike $BTC, which is primarily held passively, $KAS is used for mining rewards and transaction settlement, and $MOT powers rewards and loyalty in an active trivia platform with over 100,000 monthly users.

dot Integrated Monetization: Dynamite is developing wallet products, software as a service (SaaS) APIs, debit cards, and renewable miners around its digital asset holdings-- functionality that the Company hopes will turn each token into a recurring revenue generator. Dynamite Blockchain Corp.

dot Unique Value: All of these components enable Dynamite to not only hold utility-based digital assets, but leverage them within its Blockchain Ecosystem to accelerate their utility and value, which very few public companies can replicate.

Public Company Proxy Strategy

Investors are increasingly seeking exposure to crypto through traditional equity markets-- especially via net asset value (NAV)-linked public vehicles like MicroStrategy (NASDAQ:MSTR), DeFi Technologies (NASDAQ:DEFT), and now Dynamite (CSE:KAS).

Dynamite follows a rigorous, research-driven methodology when acquiring digital assets. This framework is intended to ensure that every asset Dynamite adds to its treasury has the potential to appreciate, generate yield, and integrate into Dynamite's Blockchain Ecosystem via products (such as wallets, cards and miners) or services (such as SaaS and staking).

The Company believes that by not just building a token treasury, but rather constructing an entire Blockchain Ecosystem, utilizing modern technology, generating cash flows, and following a disciplined acquisition engine, Dynamite will be able to differentiate itself, which it believes should warrant a higher multiple to NAV than its public company crypto proxy peers.

Blockchain Ecosystem Developments

Digital Asset Holdings

$KAS serves as the foundational cornerstone of Dynamite's digital asset treasury, anchoring the Company's strategic focus on high-utility, fixed-supply assets. Building on this foundation, Dynamite is now selectively expanding its holdings to include additional digital assets that meet the rigorous standards of its proprietary selection framework. This initiative is not merely about diversification-- it is about embedding each treasury-held token into Dynamite's broader Blockchain Ecosystem to actively enhance their utility, adoption, and long-term value. The Company's asset selection framework emphasizes real-world demand, deterministic emission schedules, verifiable network activity, and native monetization--with the intention of ensuring that every token acquired can contribute meaningfully to both ecosystem growth and shareholder value. Dynamite currently holds two core digital asset holdings: Dynamite Blockchain Corp.

- Kaspa ($KAS): A fair-launched, proof-of-work Layer 1 blockchain with a fixed supply, DAG- based scalability, and robust mining community. KAS is the foundational asset of Dynamite's ecosystem and is actively mined and utilized across its infrastructure.

- Masters of Trivia ($MOT): A Solana-based utility token powering a revenue-generating trivia platform with over 100,000 monthly active users. MOT is used for rewards, loyalty, and in- app commerce and is integrated directly into the growing user base of the Masters of Trivia platform.

Digital Asset Products

Core software and hardware assets that enhance the use case and integration of treasury tokens across consumer and enterprise ecosystems. Examples include:

- Dynamite Wallet: The flagship non-custodial mobile wallet acquired via Kaspa Secure, IMME is undergoing a rebrand to serve as the premier enterprise-grade non-custodial digital asset wallet with native Kaspa Layer 1 integration, compliance features, and biometric authentication.

- Renewable Kaspa Miner: A modular, mining unit under development designed to use solar and wind energy to mine Kaspa in off-grid environments. This product exemplifies Dynamite's commitment to green infrastructure and on-chain sustainability.

- Dynamite Debit Card: A crypto debit card (in early development) that will allow KAS and other digital assets to be spent seamlessly across fiat rails.

Digital Asset Services

Dynamite plans to build and launch revenue-generating services that help vertically integrate its entire Blockchain Ecosystem. These include:

- Transaction APIs & Compliance SDKs: Tools that will allow third parties to integrate compliance, authentication, and transaction processing into their apps using Dynamite's backend stack.

- Staking & Wallet SDKs: As the token portfolio expands, Dynamite plans to introduce staking tools and SDKs to support token utility across dApps and wallets.

Operational Updates Dynamite Blockchain Corp.

Digital Asset Holdings - MOT Acquisition

Since closing its recent acquisition of $MOT tokens on July 14, 2025, the Company now holds 5,500,000 $MOT tokens. Following this acquisition, the $MOT token has demonstrated strong upward momentum, reflecting increasing market confidence in the underlying Masters of Trivia platform and its rapidly growing user base. The Company's $MOT holdings represent a strategic position in a high-utility, revenue-linked digital asset, which is now integrated into Dynamite's treasury. This exposure aligns with the Company's broader strategy of acquiring select utility tokens that offer both scarcity and real-world adoption. Additional updates on integration and cross- ecosystem initiatives involving MOT will follow in the coming weeks.

Digital Asset Products Kaspa Secure Acquisition

Since acquiring Kaspa Secure Technologies Inc. ("Kapsa Secure") in May 2025, the Company has made progress operationalizing and integrating Kaspa Secure's newly acquired digital wallet technology into the Company's broader Blockchain Ecosystem.

At the heart of this integration is the IMME Wallet, a mobile-first, non-custodial wallet application. Since acquiring Kaspa Secure, the Company has initiated a focused technical roadmap to rebrand, refactor, and relaunch the IMME Wallet as the first enterprise-grade Kaspa-native digital wallet. This transformation is intended to be not only cosmetic but also strategic--bringing Kaspa's Layer 1 protocol directly into the wallet's core functionality. The Company has made the following progress towards product developmental and technical integration of the wallet:

dot Kaspa Layer 1 Integration: Dynamite's technical team is currently finalizing the integration of native Kaspa support within the wallet, allowing for seamless KAS token transactions, wallet recovery, address management, and real-time balance monitoring--all while leveraging the unique speed and scalability of Kaspa's blockDAG architecture.

dot Rebranding Strategy: The Company is actively exploring a full rebrand of the IMME Wallet to reflect its Kaspa-native positioning. The new branding will align with Kaspa's decentralized ethos while emphasizing IMME's advanced compliance and security features.

dot Expanded Feature Set: The revamped Dynamite Wallet will retain IMME's market-leading identity and compliance stack--such as biometric login, zero-knowledge proof verification, and real-time transaction risk screening--offering both consumers and enterprises a best- in-class crypto experience. Dynamite Blockchain Corp.

dot Infrastructure Enhancements: Backend upgrades are underway to ensure scalability as user adoption increases. Dynamite is optimizing the admin dashboard and business portal to onboard enterprises that want to operate within the Kaspa ecosystem using the Wallet's APIs and biometric SSO tools.

dot Target Launch and Timeline: The Company anticipates completing rebranding and development milestones by Q3 2025, with a public launch of the Kaspa Wallet targeted for Q4 2025. This timing coincides with the Company's anticipation of broader momentum in the digital asset markets and will hopefully position the Dynamite Wallet to become the go- to application for Kaspa and other digital asset storage, utility, and compliance.

Digital Asset Products Wallet Revenue Model Updates

The intended Dynamite Wallet launch will serve as a catalyst to Dynamite's Blockchain Ecosystem monetization plan. The Company hopes to begin generating revenue through multiple monetization channels embedded in the Wallet's architecture, which include:

dot B2C Transaction Fees: Nominal fees on crypto transactions, fiat swaps, and DeFi interactions, including dynamic pricing for Kaspa-based activity.

dot B2B SaaS Revenue: Subscription-based licensing for enterprise customers using the wallet's identity, know your client (KYC), and real-time risk APIs.

dot SSO Authentication Services: Monetization of IMME's biometric login plugin for businesses seeking frictionless, privacy-preserving user onboarding.

dot Compliance-as-a-Service: Premium enterprise-grade tools such as automated suspicious activity reporting (SAR) generation, continuous anti-money laundering (AML) screening, and region-specific onboarding rules.

These streams are being designed to generate recurring revenue across both consumer and institutional segments, with IMME's technology stack uniquely positioned to serve the growing need for secure and compliant interaction with layer 1 networks like Kaspa.

Digital Asset Mining Operations

Dynamite holds a 20% stake in Kaspa Mining Limited ("KML"), the operator of 25 high-performance Bitmain KS5 Pro Kaspa mining units that exclusively mine Kaspa. The Company also owns 5 IceRiver Kaspa mining units. The mining host for the Company's and KML's miners is currently undergoing Dynamite Blockchain Corp.

renovations at its site, which has affected the uptime of all miners that operate from the site. The Company expects the miners to be back to running at full capacity by the beginning of Q3.

The Company previously acquired Redwater Acquisition Corp ("RAC"), which transaction structure has undergone several extensions due to the vendors' ongoing failure to fulfill key post-closing obligations. At this time, the Company no longer believes such obligations will be fulfilled and has written RAC off its books completely, as reflected in the Company's financial statements for the year ended January 31, 2025. Per the terms of the agreement with RAC, the Company intends to commence the process of formally unwinding the transaction in its entirety and pursue any damages that resulted from pursuing the transaction. This includes but is not limited to the return of the initial tranche of shares issued to the vendors of RAC. Further updates will be provided as the situation progresses.

Digital Asset Products Crypto Green Tech

Dynamite is making progress on pioneering sustainable, decentralized mining infrastructure. Utilizing its exclusive Crypto Green Tech license, the Company is actively developing a modular, off- grid Kaspa miner designed to operate independently using solar and wind energy sources. This initiative reflects Dynamite's broader commitment to enabling environmentally conscious blockchain solutions. The Company is working on the following key developments:

dot Research & Concept Validation: The Company has completed comprehensive feasibility studies, evaluating power source viability, system interoperability, and remote deployment conditions.

dot Product Design & Engineering: Core technical specifications have been finalized, including the modular casing architecture, thermal management systems, integrated battery storage, and hardware compatibility optimized for Kaspa mining.

dot Prototype Assembly: Work is underway on a first-generation prototype that incorporates renewable energy inputs, both passive and active cooling technologies, and durable enclosures suitable for off-grid environments.

dot Firmware Development: Proprietary firmware is currently being developed to maximize operational efficiency and uptime, with key features including: o intelligent energy optimization algorithms; o seamless integration of mining hardware with power systems and thermal controls; o auto-restart protocols and fault-tolerant mechanisms for uninterrupted performance; and Dynamite Blockchain Corp.

o a cloud-enabled dashboard for real-time monitoring, analytics, and diagnostics via web and mobile platforms.

On behalf of the Company,

Akshay Sood, Chief Executive Officer Telephone: 236-259-0279

About Dynamite Blockchain Corp. Dynamite Blockchain is a blockchain technology infrastructure company focused on building a diversified blockchain ecosystem focused on Kaspa. The company operates Kaspa mining assets, develops Kaspa-enabled products and services such as the IMME Wallet, and selectively acquires high-utility digital assets that enhance shareholder value through diversification. Dynamite Blockchain Corp.

Forward-Looking Statements: The information in this news release includes certain information and statements about management's view of future events, expectations, plans, and prospects that constitute forward-looking statements. These statements are based upon assumptions that are subject to risks and uncertainties. Forward-looking statements in this news release include, without limitation, statements respecting: the Company's focus on building its comprehensive Blockchain Ecosystem to serve as both a technological foundation and a strategic differentiator; the Company's framework to enable it to serve as an active conduit for digital assets--embedding them directly into products, services, and infrastructure that will drive continuous real-world engagement and monetization; the Company's evolution to acquire and hold utility tokens positions the Company not merely as a holder of digital assets, but by integrating the tokens into its Blockchain Ecosystem, would create a multiplier effect for their utility; Dynamite's intention to catalyze adoption while creating new revenue pathways linked to token activity; the Company's intention to establish a self- reinforcing system that will support value creation across all layers of the Blockchain Ecosystem while adding fundamental utility and therefore value to all integrated digital assets; Dynamite's evolved strategy being rooted in the conviction that the next generation of digital asset investing will be driven not by speculation, but by utility; assets with real-world function, user adoption, and integrated monetization; the Company's position on integrating its digital asset holdings into its future product offerings such as its digital asset wallet product, software as a service (SaaS) APIs, debit card, and renewable miners where each digital asset turns into a recurring revenue generator; the Dynamite Card allowing KAS and other digital assets to be spent seamlessly across fiat rails; the Company's Blockchain Ecosystem strategic pillars and the Company's plan to develop such strategies; the Company's public company proxy strategy and the Company's intentions with respect to same; the Company's position that their Transaction APIs & Compliance SDKs Tools will allow third parties to integrate compliance, authentication, and transaction processing into their apps using Dynamite's backend stack the Company's ability to differentiate itself as a higher value play from its public company proxy peers; the Company's plans to expand its digital asset holdings and the parameters of such expansion; future development of the Company's utility-generating products and services; pricing of the MOT token; updates on integration and cross-ecosystem initiatives involving MOT in the coming weeks; the Company's strategy with respect to such digital assets; the Company's anticipation of broader momentum in the digital asset markets to position the Dynamite Wallet as the go-to application for Kaspa and other digital asset storage, utility, and compliance; the intended transformation of the IMME wallet and use cases thereof and the timing of launch for same; the Company's hope to begin generating revenues from the IMME wallet and the channels for same; the expected timing of resumption of the Company's Kaspa mining activities; the dispute respecting RAC and the resolution thereof; and development of the Crypto Green Tech off-grid miner, including the anticipated specifications thereof. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statement will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any Dynamite Blockchain Corp.

forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements, or otherwise. The CSE (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of

this press release.