Worksport provides strategic update on continued expansion

Worksport (WKSP) provided a strategic update highlighting continued expansion across key operational and financial verticals. These updates come ahead of the Company’s Q2 2025 financial results releasing on August 13, 2025. Following the launch of its corporate cryptocurrency strategy in December 2024, Worksport has officially doubled its Bitcoin holdings. The Company notes that its existing digital asset portfolio-comprised of Bitcoin and XRP-has increased approximately 15% in value since the initial purchase, preserving management’s current view that limited crypto exposure can serve as a long-term hedge against inflation and monetary devaluation. Worksport announces it has placed a deposit on the acquisition of a state-of-the-art custom manufacturing machine capable of doubling its current production output. With rising sales, expanding gross margins, and increasing interest in the Company’s clean-tech product line, Worksport has initiated conversations with two additional automotive original equipment manufacturers