Digital Power Corp (DPW)

[Tandoi]

DPW closed on the acquisition of a 617,000 square foot energy-efficient facility located on a 34.5 acre site in southern Michigan (the "Facility"). The Company will resume bitcoin mining at the location through the acquisition of 1,000 new S19 Pro Antminers from Bitmain, Inc. The Company believes the purchase of the Facility secures up to 300MWs of critical power capacity under a perennial energy abatement agreement with guaranteed pricing at relatively low energy rates for the next five years. Securing a low-cost source of energy is a critical component in profitably mining cryptocurrencies. While the Company believes the Facility and its anticipated future operations will be successful, the Company cannot assure you that its expectations will materialize in a timely manner, if at all.