(MENAFN- EIN Presswire) EINPresswire/ -- Dynamite Blockchain Corp. (the“Company” or“Dynamite”) (CSE: KAS) is pleased to announce that it has closed its previously announced acquisition (the“Acquisition”) of an additional 70,000,000 Kasya utility tokens (the“Tokens”) from an arm's length vendor in exchange for 9,300,000 common shares of the Company (the“Consideration Shares”) at a deemed price of $0.075 per share, representing total deemed consideration of $697,500. The Consideration Shares are subject to a hold period of four months plus one day from the date of issuance.

This transaction, which was announced on October 24, 2025, further expands Dynamite's Holdings Division and reinforces its position within the rapidly developing Kasya AI ecosystem-a Kaspa-native platform designed to simplify human-to-blockchain interaction through voice-first, AI-powered automation. The Acquisition brings the Company's total Kasya token holdings to 220,000,000 tokens.

The purchase price reflects a deemed purchase price of approximately $0.01 CAD per Kasya token, reflecting a discount to the current market price of the token1. As a result, the transaction provides an immediate mark-to-market benefit to Dynamite's net asset value (NAV).

Strategic Rationale

Dynamite views this acquisition as a continued vote of confidence in both Kasya and the broader Kaspa ecosystem, which is entering a major inflection point with several expected near-term catalysts2, including:

.the launch of the Kasya AI Mobile Application (Kasya App);
.the rollout of Kaspa smart contracts; and
.the opening of Kaspa-based decentralized finance (DeFi) applications.

These developments are expected to accelerate adoption of Kaspa's network and directly enhance the utility and demand for the Kasya token.
On behalf of the Company,
Akshay Sood,
Chief Executive Officer
236-259-0279

About Dynamite Blockchain Corp.

Dynamite Blockchain Corp. (dynamiteblock) 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, but are not limited to statements respecting: Dynamite viewing the Acquisition as a continued vote of confidence in both Kasya and the broader Kaspa ecosystem; the Kaspa ecosystem entering a major inflection point with several expected near-term catalysts including the launch of the Kasya AI Mobile Application (Kasya App), the rollout of Kaspa smart contracts, and the opening of Kaspa-based decentralized finance (DeFi) applications; and the expectation that such developments will accelerate adoption of Kaspa's network and directly enhance the utility and demand for the Kasya token. 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.

Footnotes

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2 – Further information on Kasya's upcoming growth catalysts can be found in its Whitepaper, available at

The CSE (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

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