May 2026 Production Highlights*

Bitcoin mined: approximately 18.6 BTC credited to the Company's mining pool accounts during May 1-31, 2026.

Average operational hashrate: approximately 1.30 EH/s realized across the Company's mining pool accounts during the period.

Fleet utilization: realized hashrate represented approximately 81% of the fleet's economic capacity during the period, reflecting planned summer curtailment, low-power-mode operation and normal equipment availability.

Installed fleet: 9,584 current-generation S21-class ASIC miners representing approximately 35 MW of installed capacity (approximately 2.19 EH/s nameplate) at a blended hardware efficiency of approximately 16 J/TH.