DMG Blockchain Solutions Announces AI Strategy Update and November Preliminary Operational Results
Rhea-AI Summary
DMG Blockchain Solutions (OTCQB: DMGGF) announced a strategic shift for its Christina Lake site from Bitcoin mining toward building a 50-megawatt liquid-cooled AI data center with one or more partners to host modern GPU hardware. The company cited Canada's limited renewable-energy sites capable of supporting large AI facilities and is pursuing partner-led monetization and Indigenous community partnerships.
DMG expects to close its previously announced purchase of a 27,600 sq ft building on 8 leased acres in Boardman, Oregon, in the coming weeks. It withdrew its prior end-of-year hashrate guidance of 3 EH/s.
November 2025 preliminary operational results: 22 BTC mined, 1.81 EH/s hashrate, and a 380 BTC bitcoin balance.
Positive
- Plan to develop a 50 MW liquid-cooled AI data center
- Expected closing of 27,600 sq ft Boardman, Oregon asset purchase
Negative
- Withdrawal of prior end-of-year hashrate guidance of 3 EH/s
- Christina Lake to migrate Bitcoin mining away from site
News Market Reaction
On the day this news was published, DMGGF declined 1.92%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Peers showed mixed moves: BIGG DIGITAL ASSETS fell 1.66%, while FDCTECH and BITCOIN WELL rose 24.52% and 34.52% respectively, with others flat. DMGGF’s -2.91% move diverged from this mixed backdrop, suggesting a more stock-specific reaction.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 04 | AI strategy update | Neutral | -1.9% | Shift of Christina Lake from Bitcoin mining toward 50MW AI data center. |
| Nov 04 | Asset purchase & ops | Positive | -10.8% | Boardman, Oregon data center acquisition plan and October BTC production update. |
| Oct 28 | AI partnership | Positive | -1.4% | Second MOU with Malahat Nation for Indigenous-led utility and 30MW AI centers. |
| Oct 07 | Ops update | Positive | +1.1% | September BTC production, hashrate increase and balance rebuild using debt facility. |
| Sep 05 | Ops update | Neutral | +6.8% | August BTC output, hashrate impact from maintenance and higher BTC balance. |
Operational and AI/partnership updates have often seen either modest gains or sell-offs, with multiple positive-sounding releases followed by negative price reactions.
Over the past few months, DMG has consistently reported monthly Bitcoin production and evolving AI infrastructure plans. Updates in August, September, and October 2025 detailed hashrate trends, BTC balances, and steps toward AI-focused data centers, including the Boardman, Oregon asset purchase and Indigenous-led utility partnerships targeting 30 megawatts of AI capacity. Today’s announcement extends this trajectory by prioritizing a 50-megawatt AI data center at Christina Lake and withdrawing its prior 3 EH/s year-end hashrate target.
Market Pulse Summary
This announcement outlines DMG’s shift from pure Bitcoin mining toward a 50-megawatt liquid‑cooled AI data center at Christina Lake, alongside progress on the Boardman, Oregon facility. It also withdraws the prior 3 EH/s hashrate target while reporting November output of 22 BTC and a 1.81 EH/s hashrate. Investors may focus on execution milestones for the AI build‑out, monthly BTC production and balances, and future updates on financing and partnerships.
Key Terms
megawatt technical
critical IT load (CITL) technical
liquid-cooled technical
gpu technical
hashrate technical
bitcoin financial
AI-generated analysis. Not financial advice.
VANCOUVER, British Columbia, Dec. 04, 2025 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) ("DMG"), a leading vertically integrated blockchain and data center technology company, announces an update to its Christina Lake site AI development strategy. The Company had provided guidance for a gradual transition of its Christina Lake data center facility from Bitcoin mining to Artificial Intelligence (AI) that would span several years. It now believes the best way to monetize this asset is to work with one or more partners to build Christina Lake into a world-class 50-megawatt critical IT load (CITL) liquid-cooled AI data center that can support the latest generation of GPU hardware. Given Canada’s limited number of sites with immediate access to renewable energy-based transmission power that could enable a data center of this scale with relative proximity to population centers, DMG is focused on capitalizing on this opportunity.
Regarding DMG’s planned asset purchase (as announced on November 4, 2025) of a 27,600 square foot building situated on 8 acres of leased land with an option to lease an additional adjacent lot of 10 acres in Boardman, Oregon, it still expects to close this transaction in the coming weeks.
Regarding its plans for Bitcoin mining, the Company is withdrawing its guidance for its previously set end-of-calendar-year hashrate target of 3 EH/s. DMG is currently focusing its efforts on how to convert its Christina Lake site to AI.
Sheldon Bennett, CEO of DMG Blockchain Solutions, commented, “DMG is highly focused on maximizing its return to shareholders that can be unlocked by enabling Christina Lake as a solely dedicated AI data center. At the same time, we are committed to partnerships with Indigenous communities with which we are cultivating new relationships. Furthermore, we continue to work with the Canadian government, as we see a longer-term opportunity to develop a pan-Canadian approach to delivering sovereign AI. While Bitcoin mining would migrate from Christina Lake, we expect it to remain as part of our future, as it is a foundational element of our digital asset financial services strategy.”
November 2025 Preliminary Operational Results
DMG also announces its preliminary operational results for November 2025:
- Bitcoin mined: 22 BTC (vs 23 BTC in October 2025)
- Hashrate: 1.81 EH/s (vs 1.75 EH/s in October 2025)
- Bitcoin balance: 380 BTC (vs 359 BTC in October 2025)
In November 2025, DMG’s hashrate was 1.81 EH/s, compared to 1.75 EH/s in October, as it incrementally improved operation of its Bitcoin mining fleet. At the end of November, DMG held 380 bitcoin, as it limited its liquidations to rebuild its bitcoin balance.
About DMG Blockchain Solutions Inc.
DMG is a sustainable, vertically integrated blockchain and data center technology company that develops, manages, and operates comprehensive platform solutions to monetize the blockchain ecosystem. The company’s operations are driven by two strategic pillars: Core and Core+, both unified by DMG’s commitment to vertical integration and environmentally responsible practices. DMG’s subsidiary Systemic Trust Corporation is focused on custody of digital assets.
For more information on DMG Blockchain Solutions, visit: www.dmgblockchain.com
Follow @dmgblockchain on Twitter and subscribe to DMG's YouTube channel.
For further information, please contact:
On behalf of the Board of Directors,
Sheldon Bennett, CEO & Director
Tel: +1 (778) 300-5406
Email: investors@dmgblockchain.com
Web: www.dmgblockchain.com
For Investor Relations:
investors@dmgblockchain.com
For Media Inquiries:
Colin Doylend
Head of Business Relationships
+1 (604) 338-8543
colin@dmgblockchain.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-Looking Information
This news release contains forward-looking information or statements based on current expectations. Forward-looking statements contained in this news release include statements regarding the Company’s Christina Lake site AI development strategy and the expected timelines and outcomes, the Company’s plan to work with one or more partners to build Christina Lake into a world-class 50-megawatt critical IT load (CITL) liquid-cooled AI data center that can support the latest generation of GPU hardware by the end of calendar 2027, DMG’s strategies and plans, developing and executing on the Company’s products and services, closing the transaction to purchase the building on leased land in Oregon, the anticipated timeline to close the transaction and the expected benefits of the transaction, the opportunity and plans to monetize bitcoin transactions and provide additional products and services to customers and users, the continued investment in Bitcoin network software infrastructure and applications, the expected allocation of capital, developing and executing on the Company’s products and services, the launch of products and services, events, courses of action, and the potential of the Company’s technology and operations, among others, are all forward-looking information.
Future changes in the Bitcoin network-wide mining difficulty rate or Bitcoin hashrate may materially affect the future performance of DMG’s production of bitcoin, and future operating results could also be materially affected by the price of bitcoin and an increase in hashrate mining difficulty.
Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, market and other conditions, volatility in the trading price of the common shares of the Company, business, economic and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company's financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; access to equipment; market conditions and the demand and pricing for products; the demand and pricing of bitcoin; the demand and pricing of AI data centers and usage; security threats, including a loss/theft of DMG's bitcoin; DMG's relationships with its customers, distributors and business partners; the inability to add more power to DMG's facilities; DMG's ability to successfully define, design and release new products in a timely manner that meet customers' needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel. DMG may not actually achieve its plans, projections, or expectations. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, the ability to successfully develop software, that there will be no regulation or law that will prevent the Company from operating its business, anticipated costs, the ability to secure sufficient capital to complete its business plans, the ability to achieve goals and the price of bitcoin. Given these risks, uncertainties, and assumptions, you should not place undue reliance on these forward-looking statements. The securities of DMG are considered highly speculative due to the nature of DMG's business. For further information concerning these and other risks and uncertainties, refer to the Company’s filings on www.sedarplus.ca. In addition, DMG’s past financial performance may not be a reliable indicator of future performance.
Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain regulatory approval, the continued availability of capital and financing, equipment and/or infrastructure failures, lack of supply of equipment, power and infrastructure, failure to obtain any permits required to operate the business, the impact of technology changes on the industry, the impact of viruses and diseases on the Company's ability to operate, secure equipment, and hire personnel, competition, security threats including stolen bitcoin from DMG or its customers, consumer sentiment towards DMG's products, services and blockchain and AI technology generally, failure to develop new and innovative products, litigation, adverse weather or climate events, increase in operating costs, increase in equipment and labor costs, equipment failures, decrease in the price of Bitcoin, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of or statements made by third parties in respect of the matters discussed above.
FAQ
What is DMG Blockchain's new plan for Christina Lake and how large is it (DMGGF)?
Why did DMG (DMGGF) withdraw its 3 EH/s hashrate guidance?
What are DMG's November 2025 operational metrics (DMGGF)?
When will DMG (DMGGF) close the Boardman, Oregon property purchase?
Will Bitcoin mining end at Christina Lake under DMG's plan (DMGGF)?
