Ace Digital AS (Euronext Growth Oslo: ACED) is pleased to announce that its
Scrypt mining pilot project, announced on 12 November 2025, has been live and
fully operational from 13 February 18:00 CET. The mining machines, providing
approximately 48 Gigahashes/s of Scrypt hashrate, have been successfully
installed and are running at the Powerpool Hosting AS facility in Northern
Norway. 100% of net mining rewards accruing to Ace Invester AS, a wholly owned
subsidiary of Ace Digital AS.
The company will closely monitor performance - including hashrate stability,
revenue generation and cost efficiency - and evaluate opportunities for future
expansion based on the results and prevailing market conditions. The investment
project is for now of limited financial magnitude, representing less than 1% of
the company's net asset value.
For further information, please contact:
Alexander Hagen, CEO Ace Digital AS
E-mail: ah@acedigital.no
About Ace Digital
Ace Digital AS is a holding company dedicated to creating value in the Bitcoin
ecosystem through strategic investments and active ownership in subsidiaries.
Our vision is to be the Nordic region's leading platform for Bitcoin
investments, with Bitcoin as a cornerstone of our balance sheet.
The company is listed on Euronext Growth Oslo under the ticker ACED.
www.acedigital.no
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Cautionary Statement Regarding Forward-Looking Statements:
This announcement contains forward-looking statements within the meaning of
applicable securities laws. These include expectations regarding the offer's
benefits, timing of completion, and ability to integrate the companies. Such
statements are subject to risks, including delays in approvals, integration
challenges, findings in the due diligence process, and market changes. Investors
are urged to read the forthcoming information memorandum/prospectus for details.
No Offer or Solicitation:
This communication does not constitute an offer to sell or a solicitation to buy
securities, nor will there be any sale of securities in jurisdictions where such
offer or sale is unlawful without registration or qualification under applicable
securities laws.