Business
Hyper Bit Engages Secure Digital Markets to Buy First Tranche of ElphaPex DG1+ Crypto Miners with Objective of Buying 100 Miners Over Next 60 Days
Hyper Bit Engages Secure Digital Markets to Buy First Tranche of ElphaPex DG1+ Crypto Miners with Objective of Buying 100 Miners Over Next 60
About this update from Hyper Bit Technologies Ltd.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - July 21, 2025) - HYPER BIT TECHNOLOGIES LTD. (CSE: HYPE) (OTCID: HYPAF) (FSE: N7S0) (the \"Company\" or \"Hyper Bit\") announces it has engaged Secure Digital Markets (\"Secure Digital\") for the purchase of an initial ten (10) ElphaPex DG1+ Miners for the mining of Dogecoin (\"DOGE\") and Litecoin (\"LTC\") as previously announced on July 7th, The ElphaPex DG1+ miners will be installed and professionally managed at a third party owned 11 MW renewable energy powered facility in Quebec, Canada.The Company has secured pricing of USD $6,200 per unit for this initial purchase for a total purchase of USD $62,000. The Company has set an objective of purchasing 100 Miners over the next 60 days. The Company will wire to Secure Digital the total purchase price in CAD in order that it may be converted in to USDT and payment can be made for the miners. To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/6634/259409_f25a2c2ad4ebb8b7_001full.jpgMr. Dallas La Porta, President, CEO and Director of Hyper Bit Technologies Ltd. stated: \"We are making progress with our two primary verticals; crypto mining and acquiring crypto currencies as treasury assets. We are moving closer towards executing a definitive agreement to acquire Dogecoin Mining Technologies Ltd. through our initial ElphaPex crypto miner purchase and the ongoing due diligence. These high efficiency ASIC mining rigs will be shipped to and deployed at the professionally managed, renewable power facility to commence Dogecoin and Litecoin mining operations. Our aim is to expand our mining capability by adding 100 miners over the next 60 days. We believe the crypto markets are just getting started and we are working hard to accelerate the growth of our crypto treasury through strategic partnerships and financing, providing investors with renowned as a cornerstone of comprehensive and compliant exposure to the crypto currency sector.\"Furthermore, Company team members will be attending the Malaysia \"MYBW\" Blockchain week Conference this weekend hosted at the World Trade Centre Kuala Lumpur (WTCKL). The conference will feature blockchain industry leaders, innovators, and policymakers from around the world. To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/fi...