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ARKBIT CAPITAL LLC announces the production figures from the Company’s global Bitcoin operations for the month of October 2022, with 128 Bitcoin produced at an average of 4.26 Bitcoin per day. Total bitcoin holdings increased to 2,205BTC with a fair market value of approximately $37 million as of November 12, 2022

● The operating mining fleet consisted of approximately 38,000 active miners, producing approximately 4.1 EH/s, after approximately 36,490 miners (c. 3.7 EH/s) were successfully energized during October 2022

● ARKBIT CAPITAL has a strong balance sheet, with approximately $35 million USD of Bitcoin, and no expensive borrowing against equipment like ASICs or GPU chips or digital assets.

● ARKBIT CAPITAL owns all of its ASICs and GPUs, with a clear title; there are no debt servicing payments associated with any of our digital assets or crypto mining hardware.

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ARKBIT CAPITAL Production Report October 2022 — Mined 128 #BTC and Holding 2205 #BTC