ARKBIT CAPITAL Production Report May 2023 - Mined 259 #BTC and Holding 3595 #BTC

ARKBIT CAPITAL LLC announces the latest production results from its Bitcoin operations worldwide in the month of May 2023. Throughout this period, our operations successfully generated 259 Bitcoin, averaging at an impressive rate of Bitcoin per day. As a result, our total Bitcoin holdings have grown to 3595 BTC, with an estimated fair market value of around $79.1 million as of June 11, 2023. These figures demonstrate our ongoing commitment to thriving in the Bitcoin market. ● The operating mining fleet consisted of approximately 51,300 active miners, producing approximately EH/s after approximately 51,250 miners (c. EH/s) were successfully energized during May 2023 ● ARKBIT CAPITAL boasts a robust financial position, with an impressive balance sheet. We currently hold approximately $64.9 million USD worth of Bitcoin. Importantly, we have achieved this without incurring any costly borrowing against equipment such as ASICs, GPU chips, or digital assets ● ARKBIT CAPITAL takes pride in complete ownership of all its ASICs and GPUs, with clear titles. This means that there are no outstanding debt servicing payments associated with any of our digital assets or crypto-mining hardware. Our commitment to financial responsibility ensures that we operate with a solid foundation and maintain full control over our assets without any encumbrances.