JULY 2, 2025
DYNAMITE BLOCKCHAIN EXPANDS ITS DIGITAL ASSETS HOLDINGS DIVISION WITH STRATEGIC ACQUISITION OF MOT
DYNAMITE TO DIVERSIFY ITS DIGITAL ASSETS HOLDINGS DIVISION WITH THE ACQUISITION OF UTILITY-FOCUSED TOKEN
Vancouver, B.C., July 2, 2025 – Dynamite Blockchain Corp. (the “Company” or “Dynamite”) (CSE: KAS) (OTC: CRYBF) (FRA: EVB) is pleased to announce that it has entered into a definitive arm’s length asset purchase agreement (the “Agreement”), dated July 02, 2025, to acquire 5,500,000 MOT utility tokens (“MOT”) in an all-stock transaction (the “Acquisition”) from a group of arm’s length vendors (the “Vendors”).
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Under the terms of the Agreement, Dynamite will issue 37,000,000 common shares at a deemed price of $0.05 per share (aggregate consideration CAD $1.85 million) to the Vendors.
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STRATEGIC RATIONALE​​​
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Dynamite continues to expand Kaspa mining, wallet and off‑grid hardware initiatives. The MOT purchase is a tactical, low‑cost hedge that diversifies treasury risk without diverting engineering resources.
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HOW IT FITS INTO DYNAMITE'S BLOCKCHAIN ECOSYSTEM​​​
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Strong Utility Token based on Great Company: MOT powers the Masters of Trivia platform, which boasts 100 k+ monthly active users. Its fixed‑supply, legally vetted (Wyoming utility‑token) status aligns with Dynamite’s mandate to hold scarce, regulatory‑clean digital assets.
“The addition of MOT demonstrates our strategic evolution into Utility tokens.
While Kaspa remains our foundation, expanding into high-growth utility tokens like
MOT allows Dynamite and its Blockchain Ecosystem to broaden its exposure to real usage, rather than speculative digital assets. By expanding our treasury holdings
to include high-growth, scarce and utility centric tokens Dynamite is derisking
via diversification, while also focusing on quality tokens that have
significant upside potential, which we believe will deliver
the highest returns for our shareholders.”​
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- Akshay Sood, CEO of Dynamite.
CLOSING CONDITIONS
The transaction is expected to close by July 11, 2025, subject to customary conditions, including Canadian Securities Exchange (“CSE”) acceptance and delivery of the MOT tokens by the Vendors.
On behalf of the Company,
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Akshay Sood
Chief Executive Officer
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ABOUT DYNAMITE BLOCKCHAIN
Dynamite Blockchain Corp. is a blockchain technology and infrastructure company focused on building shareholder value through its Blockchain Ecosystem Strategy, which is comprised of 3 primary divisions: Holdings, Products and Services. The Holdings Division is the foundation, which focuses on acquiring utility-driven tokens that combine scarcity with real-world adoption and monetization. The Products and Services Divisions are intended to drive utility into the digital assets in the Holdings Division by the development and acquisition of products and services that will be compatible with the digital assets in the Company’s Holdings Division. Working in strategic harmony, the vertically integrated Blockchain Ecosystem not only offers shareholders ownership in rare and unique digital assets but also provides them with a unique investment vehicle that has utility generation built into its business model.
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 Acquisition of MOT tokens; the impact of the Acquisition on the Company and its place in the Kaspa ecosystem. 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 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.
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The CSE (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
The quote(s) from the CEO were not included in the original dissemination of this press release and is not included on the version filed on SEDAR.