30 January 2025

THIS ANNOUNCEMENT IS MADE FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER TO SELL OR ISSUE OR SOLICITATION TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE SHARES IN VINANZ LIMITED IN ANY JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL.

Vinanz Limited

("Vinanz" or "the Company")

(LSE: BTC in London and US OTCQB: VINZF)

 New Bitcoin Miners for Nebraska Ops and US Government Crypto Changes

London, New York, January 30, 2025, Vinanz Limited; the London Stock Exchange Main Board listed Bitcoin mining company with US and Canadian Bitcoin mining operations, is pleased to announce it has acquired its first Whatsminer M50S++ Bitcoin miners for its Nebraska Bitcoin mining fleet, increasing its overall inventory with Basic Mining to 120 miners with plans to add more miners there in the coming months.

Vinanz has just added 20 new Whatsminer M50S++ miners to Nebraska and at 158 TH/s each, adding a name-plated 3.16 PH/s hashing to our wallet.

Basic Mining, our host in Nebraska has advised us that these miners at 158 TH/s, operating at 22 J/T efficiency, have a breakeven price of $62,480 per Bitcoin and a breakeven hash price of $33.85/PH. Also, at a Bitcoin price of $102,881, the operating margin is estimated at 39%. Our power price in Nebraska is US$0.065 and these miners will consume an additional 69.52 KW of electricity.

Vinanz continues its push ahead with expanding its Bitcoin mining operations in the USA and Canada, since its recent London Stock Exchange Main Market listing, where it currently has a fleet of Bitcoin miners operating in third-party hosting facilities in Nebraska, Indiana, Iowa in the USA and in Labrador (Canada).

Vinanz plans to expand its USA and Canadian footprint of Bitcoin miner networks into new States in the US and with new hosting groups throughout 2025, as opportunities arise.

There were also a number of Presidential Executive Orders announced by President Trump last week that are seen to be potentially beneficial for Vinanz with respect to its Bitcoin holding and its Bitcoin mining operations in the USA.

On January 23, 2025, President Trump signed an Executive Order (EO) titled "Strengthening American Leadership in Digital Financial Technology." The order aims to establish the United States as a global leader in blockchain innovation while reducing regulatory uncertainty for the crypto industry.

Also, on January 23, 2025, the US SEC repealed SAB 121, removing the requirement and opening the door for traditional financial institutions to act as custodians of digital assets without the added balance sheet complexity and cost. Banks and financial institutions are now able to provide custody services for crypto assets. The repeal reduces concentration risk and fosters easier crypto adoption in the U.S. 

David Lenigas, Chairman of Vinanz, commented:

"The political acceptability landscape for Bitcoin in the USA has changed with the positive Executive Orders announced by President Trump last week. The 23 January crypto executive order marks a real sea change in US digital asset policy. By taking a whole-of-government approach to crypto, the US Administration is making a significant first step toward writing clear, consistent rules of the road and enhancing the road ahead for Bitcoin participants like Vinanz. I'm hopeful that these US Government initiatives will spread beyond the US boundaries and Bitcoin becomes more mainstream as a globally acceptable digital current and asset class."

"Rolling out Vinanz's Bitcoin mining fleet, post our recent move to the LSE, is a priority for us and I'm pleased to announce another expansion to our Nebraskan miner fleet. Keeping in line with diversification of miner types and locations, we have added these Whatsminer M50S++ miners into our fleet. At a Bitcoin breakeven price of around $62,480, these were chosen to meet the needs to stay up to date with new technology that can last up to and through the next halving which is expected to be in about 3 years' time. We aim to always add miners to the fleet that operate significantly below the Bitcoin breakeven price with the view that a continued rising Bitcoin price environment leads to highly attractive operating margins in the future.

Vinanz is still working with Basic Mining on timing for the possible deployment of the 390 TH Whatsminer M63 Hydro miners as we announced on the 15 January 2025, and we will update the market when further news is available."

"Vinanz's prime mission is to build a substantial Bitcoin holding through building up and continuously modernising its North American Bitcoin mining fleet for a future where we anticipate seeing a Bitcoin price far in excess of what we see today. We look forward to updating shareholders as we expand our miner network through 2025."

The directors of Vinanz Limited accept responsibility for this announcement.

For further information please contact:

Vinanz Limited

David Lenigas                                     [email protected]

Jeremy Edelman                                  [email protected]

First Sentinel (Corporate Adviser)

Brian Stockbridge                               [email protected]

                                                            +44 (0) 20 3855 5551

Clear Capital Markets (Broker)

Bob Roberts                                        [email protected]

                                                            +44 (0) 20 3869 6080

About Vinanz Limited

Vinanz's primary listing is in London (United Kingdom) on the London Stock Exchange under the ticker BTC and trades in the USA on the US OTCQB under the ticker VINZF. Vinanz is building up a strategic Bitcoin holding by building a Bitcoin mining company installing miners within hosting facilities throughout the USA and Canada through third-party cryptocurrency mining providers. Currently, Vinanz operates Bitcoin miners in Indiana, Iowa, Nebraska and Texas in the USA and in Labrador (Canada).