USBC (USBC) investor relations material

Company overview and business model

• Publicly traded technology company focused on digital assets and banking solutions, with a core product being a tokenized U.S. dollar bank deposit leveraging blockchain and embedded digital identity.

• Strategic pivot in 2025 from non-invasive sensor technology to fintech, following a controlling investment by Goldeneye 1995 LLC, which included a significant Bitcoin and cash infusion.

• Maintains a Bitcoin treasury strategy, using Bitcoin as a primary reserve asset and for yield generation via options trading.

• Partnerships with Vast Bank (issuing bank) and Uphold (platform integration) to deliver the USBC tokenized deposit product.

• Divested legacy sensor business in March 2026 to focus on fintech initiatives.

Financial performance and metrics

• As of April 17, 2026, Bitcoin holdings valued at $79.4 million, representing approximately 1,025.81 Bitcoin.

• Changed fiscal year end to December 31, with a three-month transition period reported for October–December 2025.

• History of net losses, with expectations of continued losses as investments in product development and public company operations increase.

• Access to a $25 million Bitcoin-collateralized loan facility, with $5 million drawn at 8.5% interest as of March 2026.

Use of proceeds and capital allocation

• No proceeds will be received from the sale of shares by selling stockholders; all proceeds go to the selling stockholders.

• Proceeds from the Bitcoin-collateralized loan facility are allocated primarily to the development of the tokenized deposit program.

• Substantial investments planned for phased delivery of the tokenized deposit product, with costs expected to rise in future phases.