Pineapple Financial Completes $2M Open-Market Purchase Of Injective Tokens

Acquires 560,647 INJ at average price of $3.567 per token as part of ongoing digital asset treasury strategy; $20.79 million in capital reserves available for future purchases

Toronto, Ontario--(Newsfile Corp. - February 19, 2026) - Pineapple Financial Inc. (NYSE:PAPL) ("Pineapple" or the "Company") today announced that it has completed a $2 million open-market purchase of Injective (INJ) tokens. The acquisition of 560,647 INJ at a weighted average purchase price of $3.567 per token represents the latest milestone in the Company's ongoing digital asset treasury strategy.

This purchase further strengthens Pineapple's position as a leading publicly traded company with a dedicated digital asset treasury program. The Company's treasury currently maintains $20.79 million in capital reserves available for its continued market cash purchase program for INJ, underscoring management's long-term conviction in the Injective ecosystem.