Fortitude and HeartSciences (Nasdaq: $HSCS) Announce Business Combination, Aiming to Bring a Leading Vertically-Integrated Zcash Mining Platform to the Public Markets. -Combined company expected to operate under the Fortitude brand and to trade on Nasdaq; transaction expected to close in H2 2026. -Fortitude expected to become the first publicly traded venture mining platform with a proven track record of identifying high-conviction, early-stage Proof-of-Work opportunities. Read the full press release, which contains important additional information: businesswire.com/news/home/2….

Fortitude has amended its existing credit facility with @DCGco, increasing commitment by $24 million. Approximately $31 million of remaining availability is expected to be funded by DCG in $ZEC, which Fortitude expects to sell to fund Zcash mining machine purchases, mining facility acquisitions, greenfield construction and infrastructure expansion, as Fortitude advances toward its proposed business combination with HeartSciences Inc. (Nasdaq: $HSCS). Read the announcement: businesswire.com/news/home/2…. $ZEC $HSCS

Thrilled to join @FortitudeCrypto as CEO. Fortitude has executed on a long-term conviction in Zcash and financial privacy, with owned power, owned sites, and a production track record to show for it - exactly the kind of infrastructure-driven approach I've spent my career building. Excited to help build on what the team has created as we head toward the public markets. $ZEC $HSCS businesswire.com/news/home/2…

Fortitude Appoints @JaimeLeverton as Chief Executive Officer. Leverton brings deep experience across digital assets, infrastructure and capital markets as Fortitude prepares to enter the public markets. @Andrea_Childs_ will continue as COO, focusing on business and mining operations, fleet strategy, and relationships across the industry and Zcash ecosystem. Fortitude’s leadership team intends to continue to build on the Company’s strong foundation, scaling its vertically-integrated Zcash mining platform as it advances towards public markets. Read the announcement: businesswire.com/news/home/2…. $ZEC $HSCS

“The proposed combination with Fortitude is expected to give our shareholders exposure to a business that is a meaningful participant in the Zcash ecosystem. In our view, it represents a significant opportunity for shareholders and the transaction continues to move toward closing,” said Andrew Simpson, CEO of HeartSciences. @HeartSciences (Nasdaq: $HSCS) has reported its fiscal Q1 2027 results and provided an update on the proposed business combination with Fortitude. The transaction continues to progress toward an expected Q4 2026 closing. Read the full release: ir.heartsciences.com/pr/hear…. $HSCS $ZEC

Great being at #WDMS2026 and sharing my perspective on why Zcash’s time is now. Zcash today looks a lot like Bitcoin in 2013, an early-stage network with a differentiated value proposition, growing momentum and significant room to scale. Privacy is becoming increasingly important, while the Zcash ecosystem continues to evolve across technology, adoption and market access. That’s why we’re anchored in Zcash at Fortitude, investing in the infrastructure and capacity to support where we believe the network is headed. $ZEC $HSCS See important additional information here: fortitudemining.com/disclaim…

At #WDMS2026, Fortitude CFO @Ellingson_Erik made the bullish case for Zcash, highlighting the convergence of privacy, quantum resistance, adoption and expanding market access. Zcash today looks a lot like Bitcoin in 2013. $ZEC $HSCS See important additional information here: fortitudemining.com/disclaim…

A major milestone for Zcash. Today marks the first day of trading for The Zcash ETF ($ZCSH). Built by Grayscale, $ZCSH is the first ETF in the world to offer spot exposure to $ZEC, the native token of Zcash. We believe privacy will become an increasingly important part of the future of digital money, and Zcash is well-positioned for the growing need for private, digital cash. Fortitude is building for this opportunity by investing in the infrastructure needed to support Zcash’s long-term growth. See important additional information here: fortitudemining.com/disclaim…

A Z15 Pro mining Zcash is currently yielding roughly 3x the industry-average AI/HPC benchmark per MWh. Fortitude began mining $ZEC, the native token of the Zcash network, in 2019. This is our venture mining playbook in action. Read more: theenergymag.com/news/2026-0…. See important additional information here: fortitudemining.com/disclaim…

Fortitude CFO @Ellingson_Erik is speaking at #WDMS2026 on the panel “Venture Mining: The Zcash Opportunity.” Erik will discuss the opportunity around Zcash, why now is a pivotal moment for privacy across the digital ecosystem, and the growing case for $ZEC. See important additional information here: fortitudemining.com/disclaim…

Strong Q2 for @FortitudeCrypto mining $ZEC at scale and marching ahead toward public markets
 
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.@FortitudeCrypto delivered a strong cash-flowing quarter in Q2, generating $20.9 million in revenue driven by continued ZEC hashprice and hashrate performance across our fleet. This translated into robust operating cash flow indicated by adjusted EBITDA of $8.5 million, reinforcing the strength of our ZEC-focused mining strategy as we continue to prepare to close our proposed business combination with HeartSciences. $ZEC $HSCS

This was a strong quarter for @FortitudeCrypto and a clear demonstration of the momentum building in our vertically-integrated strategy. We mined approximately 33,646 ZEC at an average operating hash rate of 4.0 GSol/s. As we work to advance toward the public markets via our proposed business combination with HeartSciences, we remain thrilled about the opportunity ahead and our ability to execute on it. The momentum keeps building. $ZEC $HSCS

Fortitude Provides Second Quarter 2026 Financial and Operating Highlights: • $20.9M revenue and $8.5M Adjusted EBITDA • Approximately 33,646 ZEC mined at 4.0 GSol/s, with recent site and fleet expansions bringing owned-and-operated power to 60+ MW • Purchased ~$1.0M of HeartSciences (Nasdaq: HSCS) common stock in a private placement; proposed business combination expected to close in H2 2026 Read the full release which includes a reconciliation of Adjusted EBITDA to the most directly comparable GAAP number as well as additional important information: businesswire.com/news/home/2…. $ZEC $HSCS

Love the momentum. This is the largest inter-pool movement in Zcash history. As of today (Aug 6), the new pool holds over 1.33 million zcash:native (~7.9% of circulating supply), with roughly one-third of the former Orchard balance having already crossed the turnstile. As a reminder, Ironwood (NU6.3) activated on schedule at block 3,428,143 on July 28, 2026. It introduced a fresh shielded pool using the corrected Orchard circuit, formal verification (including machine-checked proofs), independent audits, and quantum-recoverable notes (ZIP 2005). This followed discovery of a soundness vulnerability in Orchard’s zero-knowledge circuit (Halo 2) by Shielded Labs researcher Taylor Hornby in late May 2026. The prior Orchard pool was restricted to withdrawals only. Funds can exit only through the protocol's turnstile, which enforces that no more ZEC can leave than was verifiably deposited—giving every node operator for an independent, trustless check on circulating supply integrity. Appreciate all the work from @ShieldedLabs, @ZcashFoundation, @Zodl_co, @TachyonZcash, and @ValarGroup. Our conviction in the Zcash network is only getting stronger! More to come, and proud of the team and ecosystem thus far. $HSCS zcash:native Source: shieldedlabs.net/ironwood/. See important additional information here: fortitudemining.com/disclaim…

RT @Ellingson_Erik: Great time at @EIF_Global last week. Thanks to @nishantsharma87 and Mike Cohen for moderating Proof of Work: Inside th…

Over 60 MW’s and counting, @FortitudeCrypto continues to stack its owned power portfolio behind Zcash $ZEC $HSCS

Today Fortitude announced the acquisition of our Prosser, Nebraska Facility. This is what disciplined capital deployment looks like: an operating asset acquired with cash on hand. Full ownership of the land, building and on-site 67 kV substation gives us control of our cost structure and real flexibility in how we operate the site. We see acquisitions like Prosser as an important part of the growth we're aiming for. Congratulations to the team on getting this one across the line. Read more: businesswire.com/news/home/2… $ZEC $HSCS

RT @Andrea_Childs_: The acquisition of our Prosser Facility is a significant step forward in scaling our owned-and-operated portfolio. By…

Fortitude completes the acquisition of a 12.5 MW Prosser, Nebraska Facility. Our third Nebraska site, and another step toward a vertically integrated Zcash mining platform. $ZEC $HSCS Read more: businesswire.com/news/home/2….

More Zcash $ZEC infrastructure news from @FortitudeCrypto this week: