14:59:02 EDT Thu 27 Aug 2026
Enter Symbol
or Name
USA
CA



Luxxfolio Holdings Inc (2)
Symbol LUXX
Shares Issued 33,167,164
Close 2026-08-26 C$ 0.35
Market Cap C$ 11,608,507
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Luxxfolio asds 228 Bitmain Scrypt miners to fleet

2026-08-27 10:28 ET - News Release

Mr. Tomek Antoniak reports

LUXXFOLIO ANNOUNCES 228-MINER EXPANSION OF LITECOIN MINING OPERATIONS

Luxxfolio Holdings Inc. has installed 228 additional Bitmain Scrypt miners (which are now operational) at DMG Blockchain Solutions Inc.'s Christina Lake facility in British Columbia. Following commissioning, the company's operating fleet totals 288 miners, compared with its previously announced 60-miner fleet.

Revenue guidance

Based on cryptocurrency prices, network conditions and expected fleet availability as of the date of this release, management expects the expanded fleet to generate approximately $120,000 in gross mining revenue per month. The estimate includes Litecoin and merge-mined digital assets, is stated before hosting, power and other operating costs, and is not a forecast of net income or cash flow. Actual monthly results will vary with coin prices, network difficulty, block-discovery variance, fleet uptime and foreign exchange rates.

Operational highlights:

  • Fleet on-line: 288 operational miners, up from 60, a 380-per-cent increase in miner count;
  • Added capacity: the 228 new miners contribute approximately 3.83 terahashes per second of aggregate nameplate Scrypt hash rate, increasing to a total of approximately 4.75 terahashes per second;
  • Monthly revenue guidance: approximately $120,000 in gross mining revenue at current prices and network conditions, before operating costs;
  • Integrated infrastructure: the fleet is solo mining through LuxxPool, the company's in-house Scrypt mining software stack currently under active development.

From 60 to 288 operational miners

The original 60-miner fleet operated through the first half of 2026 and reached the milestone of 500 self-mined Litecoin in May. Luxxfolio subsequently closed an oversubscribed non-brokered private placement on July 20, 2026, for gross proceeds of approximately $1.55-million and allocated approximately $1-million toward additional Scrypt mining equipment.

The new equipment has now been delivered, installed and brought on-line. As part of the commissioning process, three previously idle miners from the original fleet were also returned to service using replacement power-supply units delivered with the new order.

Vertically integrated Scrypt mining

Luxxfolio's machines are solo mining through LuxxPool rather than directing hash rate to a third party pool. The software stack is being developed in-house and includes Stratum infrastructure, merge-mining functionality, wallet integrations and an operator dashboard. LuxxPool is not yet available to the public; its deployment across the company's own fleet provides a live operating environment for continued development.

Scrypt mining enables the same computing work to support Litecoin while also earning rewards from compatible merge-mined networks, including Dogecoin, without diverting hash rate from Litecoin. Luxxfolio believes its hosted power arrangement, efficient ASIC (application-specific integrated circuit) fleet and avoidance of third party pool fees provide a strong foundation for competitive mining economics.

"This is an operating milestone: The expanded fleet is installed, on-line and hashing," said Tomek Antoniak, chief executive officer and Director of Luxxfolio. "Based on current prices and network conditions, we expect the fleet to generate approximately $120,000 in gross monthly revenue before operating costs. Running on the LuxxPool stack we are building in-house also gives us direct production data as we continue developing the software toward a public product."

Outlook

Luxxfolio will focus on operating performance, uptime and production from the 288-miner fleet while continuing to develop LuxxPool. The company expects to provide operating updates as reliable production data becomes available and will continue to evaluate further expansion opportunities, subject to market conditions, equipment availability, power capacity and expected returns.

Stock option grants

The company also announces that it has granted an aggregate of 1.2 million stock options to officers, directors and consultants of the company. Each option entitles the holder to acquire one common share of the company at an exercise price of 35 cents per share for a term of five years, to vest over a period of 12 months.

About Luxxfolio Holdings Inc.

Luxxfolio Holdings is a Canadian public company focused on Litecoin mining, treasury growth and infrastructure. The company operates a Scrypt mining fleet in British Columbia and is developing LuxxPool, its own Litecoin-focused mining software platform, initially for the company's fleet and ultimately for third party miners. Luxxfolio is listed on the Canadian Securities Exchange under LUXX, on the OTCQB under LUXFF and on the Frankfurt Stock Exchange under LUH0.

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