Hyper Bit Technologies Announces Private Placement and Debt Settlement

VANCOUVER, BRITISH COLUMBIA — October 8, 2026 — Leads & Copy — HYPER BIT TECHNOLOGIES LTD. (CSE: HYPE) (OTC: HYPAF) (FWB: N7S0) announced today it is undertaking a non-brokered private placement to raise funds through the sale of up to 15,000,000 units at $0.105 per unit. This offering also includes the settlement of approximately $500,000 in outstanding debt through the issuance of units to specific creditors.

Each unit will comprise one common share of the Company and one share purchase warrant. These warrants will grant the holder the right to acquire an additional common share at an exercise price of $0.15 for a period of 36 months. The exercise period for the warrants may be accelerated by the Company if the trading price of its shares on the Canadian Securities Exchange consistently meets or exceeds $0.30 for five consecutive trading days, with notice provided 30 days prior to acceleration.

Hyper Bit Technologies intends to allocate the proceeds from this private placement towards the acquisition of crypto mining rigs, marketing initiatives, and general working capital. Securities issued in connection with the offering are subject to a statutory four-month-and-a-day hold period following their issuance, in compliance with applicable securities legislation. The Company may also pay finder's fees for the offering, adhering to the limits set by the CSE's policies and securities laws.

The press release clarifies that this announcement does not constitute an offer to sell or a solicitation to buy any securities within the United States. The securities have not been registered under the U.S. Securities Act of 1933, as amended, or any state securities laws. Consequently, they cannot be offered or sold in the U.S. or to U.S. persons unless they are registered or an exemption from such registration is available.

Hyper Bit Technologies Ltd. is a diversified technology company focused on acquiring, developing, and deploying crypto mining operations and blockchain innovations. The company aims to create value within the crypto ecosystem and drive growth for its stakeholders, citing the increasing global interest in digital assets, blockchain, decentralized finance, and broader institutional and retail adoption as key drivers.

The Company is a member of the Blockchain Association of Canada and the American Blockchain & Cryptocurrency Association. Investors can subscribe for updates on the Company's website, Hyperbit.ca, and follow its social media channels. Hyper Bit Technologies Ltd. is listed on the CSE (HYPE), OTC (HYPAF), and FWB (N7S0).

Dallas La Porta serves as President, CEO, and Director of Hyper Bit Technologies Ltd.