DMG Blockchain Solutions Announces Preliminary April Operational Results
DMG Blockchain Solutions (DMGGF) has released its preliminary operational results for April 2025. The company mined 30 BTC (down from 32 BTC in March) while increasing its hashrate to 1.93 EH/s (up from 1.82 EH/s). DMG reduced its Bitcoin holdings from 458 to 351 BTC, using the proceeds to acquire 2 megawatts of AI data center infrastructure and make a significant payment on its Sygnum Bank loan, which had a $20 million balance in March.
The company has reached its 2.1 EH/s target but may trim operations during summer months due to temperature management. This strategic shift represents DMG's move toward AI capabilities while maintaining its Bitcoin mining operations, with a focus on serving government and enterprise users seeking sovereign AI solutions for Canada.
DMG Blockchain Solutions (DMGGF) ha pubblicato i risultati operativi preliminari di aprile 2025. L'azienda ha estratto 30 BTC (in calo rispetto ai 32 BTC di marzo), aumentando però la sua potenza di calcolo a 1,93 EH/s (in crescita rispetto a 1,82 EH/s). DMG ha ridotto le sue riserve di Bitcoin da 458 a 351 BTC, utilizzando i proventi per acquisire 2 megawatt di infrastrutture per data center AI e per effettuare un pagamento significativo sul prestito con Sygnum Bank, che a marzo aveva un saldo di 20 milioni di dollari.
L'azienda ha raggiunto il suo obiettivo di 2,1 EH/s, ma potrebbe ridurre le operazioni durante i mesi estivi a causa della gestione delle temperature. Questo cambiamento strategico rappresenta la transizione di DMG verso le capacità di intelligenza artificiale, mantenendo però le operazioni di mining di Bitcoin, con un focus su clienti governativi e aziendali che cercano soluzioni AI sovrane per il Canada.
DMG Blockchain Solutions (DMGGF) ha publicado sus resultados operativos preliminares de abril de 2025. La compañía minó 30 BTC (menos que los 32 BTC de marzo), mientras aumentaba su tasa de hash a 1,93 EH/s (desde 1,82 EH/s). DMG redujo sus reservas de Bitcoin de 458 a 351 BTC, utilizando los ingresos para adquirir 2 megavatios de infraestructura para centros de datos de IA y realizar un pago importante en su préstamo con Sygnum Bank, que tenía un saldo de 20 millones de dólares en marzo.
La empresa ha alcanzado su objetivo de 2,1 EH/s, pero podría reducir operaciones durante los meses de verano por la gestión de temperatura. Este cambio estratégico representa el avance de DMG hacia capacidades de IA, manteniendo sus operaciones de minería de Bitcoin, con un enfoque en atender a usuarios gubernamentales y empresariales que buscan soluciones soberanas de IA para Canadá.
DMG 블록체인 솔루션(DMGGF)은 2025년 4월의 예비 운영 결과를 발표했습니다. 회사는 30 BTC를 채굴했으며(3월의 32 BTC에서 감소), 해시레이트는 1.93 EH/s로 증가했습니다(이전 1.82 EH/s). DMG는 비트코인 보유량을 458 BTC에서 351 BTC로 줄이고, 그 수익을 사용해 2메가와트의 AI 데이터 센터 인프라를 확보하고 3월 기준 2,000만 달러 잔액이 있던 Sygnum Bank 대출금에 상당한 상환을 진행했습니다.
회사는 2.1 EH/s 목표를 달성했으나 온도 관리 문제로 여름철에는 운영을 축소할 수 있습니다. 이 전략적 전환은 DMG가 비트코인 채굴을 유지하면서도 AI 역량으로 전환하는 움직임으로, 캐나다를 위한 주권 AI 솔루션을 원하는 정부 및 기업 고객을 중점적으로 지원하는 방향입니다.
DMG Blockchain Solutions (DMGGF) a publié ses résultats opérationnels préliminaires pour avril 2025. L'entreprise a miné 30 BTC (en baisse par rapport à 32 BTC en mars) tout en augmentant son hashrate à 1,93 EH/s (contre 1,82 EH/s). DMG a réduit ses avoirs en Bitcoin de 458 à 351 BTC, utilisant les recettes pour acquérir 2 mégawatts d'infrastructures de centres de données IA et effectuer un paiement important sur son prêt auprès de la banque Sygnum, dont le solde était de 20 millions de dollars en mars.
L'entreprise a atteint son objectif de 2,1 EH/s, mais pourrait réduire ses opérations durant les mois d'été en raison de la gestion de la température. Ce changement stratégique représente la transition de DMG vers des capacités en intelligence artificielle tout en maintenant ses opérations de minage de Bitcoin, avec un focus sur les utilisateurs gouvernementaux et entreprises cherchant des solutions IA souveraines pour le Canada.
DMG Blockchain Solutions (DMGGF) hat vorläufige Betriebsergebnisse für April 2025 veröffentlicht. Das Unternehmen hat 30 BTC abgebaut (im Vergleich zu 32 BTC im März) und seine Hashrate auf 1,93 EH/s erhöht (von 1,82 EH/s). DMG reduzierte seine Bitcoin-Bestände von 458 auf 351 BTC und nutzte die Erlöse, um 2 Megawatt AI-Rechenzentrumsinfrastruktur zu erwerben und eine bedeutende Zahlung auf seinen Kredit bei der Sygnum Bank zu leisten, dessen Saldo im März 20 Millionen US-Dollar betrug.
Das Unternehmen hat sein Ziel von 2,1 EH/s erreicht, könnte jedoch während der Sommermonate aufgrund von Temperaturmanagement die Aktivitäten reduzieren. Dieser strategische Wandel markiert DMGs Übergang zu KI-Fähigkeiten bei gleichzeitiger Aufrechterhaltung des Bitcoin-Minings mit Fokus auf die Betreuung von Regierungs- und Unternehmenskunden, die souveräne KI-Lösungen für Kanada suchen.
- Increased hashrate to 1.93 EH/s, reaching 2.1 EH/s target
- Strategic expansion into AI with 2 megawatts of data center infrastructure acquisition
- Debt reduction through material paydown of Sygnum Bank loan
- Maintained substantial Bitcoin holdings of 351 BTC
- Decreased Bitcoin production from 32 to 30 BTC month-over-month
- Reduction in Bitcoin holdings from 458 to 351 BTC
- Potential hashrate reduction during summer months due to temperature management
- Significant debt still remaining from $20M Sygnum Bank loan
VANCOUVER, British Columbia, May 05, 2025 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FRANKFURT: 6AX) ("DMG" or the "Company"), a vertically integrated blockchain and data center technology company, today announces its preliminary operational results for April 2025:
- Bitcoin Mined: 30 BTC (vs 32 BTC in Mar 2025)
- Hashrate: 1.93 EH/s (vs 1.82 EH/s in Mar 2025)
- Bitcoin Holdings: 351 BTC (vs 458 BTC in Mar 2025)
DMG’s April results reflect stable mining operations alongside key strategic investments. The Company mined 30 BTC during the month, slightly down from 32 BTC in March due to increased network difficulty and one day shorter duration. Meanwhile, DMG increased its realized hashrate to 1.93 EH/s, supported by the deployment of additional Bitmain S21+ Hydro miners and has now reached its 2.1 EH/s target, which may be slightly trimmed on an ongoing operational basis, at least through the summer months, to best manage its fleet in a higher ambient temperature environment.
DMG liquidated a portion of its Bitcoin holdings, reducing its treasury from 458 BTC in March to 351 BTC in April. Proceeds were used mainly to fund the acquisition of 2 megawatts capacity of prefabricated artificial intelligence (AI) data center infrastructure as well to make the first material paydown on its Sygnum Bank loan, which had a
Sheldon Bennett, DMG’s CEO, commented, “We remain focused on advancing our AI strategy while maintaining a cash generating Bitcoin operation. With the purchase of 2 megawatts of AI data center infrastructure, we have made a demonstrative shift to utilize the returns generated from Bitcoin mining to fund our initial AI capital expenditures, which we believe will accelerate our ability to secure off-take agreements. Our focus remains on high-value government and enterprise users seeking sovereign AI solutions for Canada.”
About DMG Blockchain Solutions Inc.
DMG is a publicly traded and vertically integrated blockchain and data center technology company that manages, operates and develops end-to-end digital solutions to monetize the digital asset and artificial intelligence compute ecosystems. Systemic Trust Company, a wholly owned subsidiary of DMG, is an integral component of DMG’s carbon-neutral Bitcoin ecosystem, which enables financial institutions to move Bitcoin in a sustainable and regulatory-compliant manner.
For additional information about DMG Blockchain Solutions and its initiatives, please visit www.dmgblockchain.com. Follow @dmgblockchain on X, LinkedIn and Facebook, and subscribe to the DMG YouTube channel to stay updated with the latest developments and insights.
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:
Chantelle Borrelli
Head of Communications
chantelle@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 DMG’s strategies and plans, executing on DMG’s broader strategy to shift its data center capacity towards AI, securing high-value AI off-take agreements, 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, increasing self-mining, increasing hashrate, efforts to improve the operation of its mining fleet, the potential trimming of self-mining due to higher ambient temperature environment, 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 Gen 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 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 Gen 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
How many Bitcoin did DMGGF mine in April 2025?
What is DMGGF's current hashrate and target?
How many Bitcoin does DMGGF currently hold in its treasury?
What is DMGGF's strategy regarding AI infrastructure?
How is DMGGF managing its Sygnum Bank loan?
