Luxxfolio Commences Litecoin Mining Operations

Executive Summary

• Luxxfolio Holdings Inc. has begun commercial Litecoin mining operations at DMG Blockchain Solutions’ Christina Lake facility, deploying 20 Bitmain Antminer L9 16G units.
• The company’s Litecoin treasury increased by 2,413.464 LTC, bringing total holdings to 24,439.464 LTC (≈73,686 litoshis per share), reflecting a ~145.5% LTC‑per‑share yield versus March 31 2025.
• Director Ieva Guoga resigned from the board effective immediately.

Key Details

• Mining Launch: Commenced mining using the Scrypt algorithm under a hosting agreement with DMG Blockchain Solutions (TSXV: DMGI).
• Equipment Deployed: 20 Bitmain Antminer L9 16G units are currently operating; future scaling contingent on market conditions, equipment availability, and power capacity.
• Hosting Services: DMG provides institutional‑grade power delivery, mining infrastructure, and daily operational support at its Christina Lake site in British Columbia.
• Litecoin Treasury Growth: Added 2,413.464 LTC to holdings; total now 24,439.464 LTC. Calculated LTC per share is ~73,686 litoshis (based on 33,167,164 common shares outstanding).
• Yield Comparison: LTC‑per‑share increased from 30,020 litoshis per share as of March 31 2025 to the current level, representing an approximate 145.5% yield increase.
• Financial Position: Company remains debt‑free; all Litecoin reserves are unencumbered.
• Director Resignation: Ms. Ieva Guoga resigned from the board of directors effective immediately; the company thanked her for her contributions.
• Forward‑Looking Statements: Release contains forward‑looking statements regarding mining expansion, treasury performance, and future financing needs.

Notable Quotes

“Commencing Litecoin mining operations represents a pivotal moment for Luxxfolio,” said Tomek Antoniak, CEO of Luxxfolio. “Mining is a core pillar of our Litecoin‑focused strategy. By pairing disciplined Litecoin treasury accumulation with active network participation, we generate digital asset flow, acquire LTC directly, and support the network we are aligned with.”