DMG Blockchain Solutions Announces Preliminary August Operational Results

Rhea-AI Summary

DMG Blockchain Solutions (OTCQB: DMGGF) reported its preliminary operational results for August 2025. The company mined 23 BTC compared to 26 BTC in July, with hashrate declining to 1.53 EH/s from 1.65 EH/s due to planned substation maintenance.

The company's hydro-powered miners, fully operational since late July, maintained a steady 0.4 EH/s performance despite high temperatures. DMG's Bitcoin balance increased to 324 BTC from 307 BTC in July, reflecting reduced Bitcoin sales following debt reduction. The company is also exploring AI infrastructure opportunities in the Canadian defence sector.

Positive

• Bitcoin holdings increased to 324 BTC from 307 BTC
• Hydro-powered miners maintained steady 0.4 EH/s performance despite high temperatures
• Reduced debt leading to lower debt servicing needs
• Expanding into AI infrastructure for Canadian defence sector

Negative

• Bitcoin mining declined to 23 BTC from 26 BTC month-over-month
• Hashrate decreased to 1.53 EH/s from 1.65 EH/s due to maintenance downtime

VANCOUVER, British Columbia, Sept. 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 August 2025:

• Bitcoin mined: 23 BTC (vs 26 BTC in July 2025)
• Hashrate: 1.53 EH/s (vs 1.65 EH/s in July 2025)
• Bitcoin balance: 324 BTC (vs 307 BTC in July 2025)
  

In August 2025, DMG’s hashrate was 1.53 EH/s, compared to 1.65 EH/s in July. This decline reflects planned substation maintenance in August, resulting in about four days of scheduled downtime, with some partial operation in the evening hours that resulted in a net downtime of slightly more than three days. However, the Company’s hydro-powered miners, which were fully brought online at the end of July, delivered steady 0.4 EH/s operation, even at ambient temperatures of 40 degrees Celsius, except during the substation maintenance period, during which the hydro miners were powered down for the entire four day period.

At the end of August, DMG held 324 BTC. As disclosed in a recent press release, DMG has lowered its debt to provide it a more optimal capital structure with lower debt servicing needs. As such, DMG sold less bitcoin in August than it earned, enabling its bitcoin balance to modestly rise. In addition, DMG is considering the implementation of a more formal treasury policy based on which it would accumulate digital assets for the long-term.

Sheldon Bennett, DMG’s CEO, commented, “In addition to our bitcoin mining operations, which ran in line with expectations, August was an active time for our focus on our new business initiatives, particularly selling our artificial intelligence (AI) infrastructure to the Canadian defence sector. We have established relationships with the ministers’ offices related to defence procurement in Canada and cemented execution partner relationships that will help enable us to rapidly deploy AI infrastructure at scale.”

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, increasing the Company’s bitcoin balance and limit further reductions in its debt, explore building a broader digital asset portfolio, scheduled substation maintenance in August, 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 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

How many bitcoins did DMG Blockchain Solutions (DMGGF) mine in August 2025?

DMG mined 23 bitcoins in August 2025, down from 26 bitcoins in July 2025.

What is DMG Blockchain's current bitcoin balance as of August 2025?

DMG held 324 bitcoins at the end of August 2025, an increase from 307 bitcoins in July 2025.

Why did DMG's hashrate decrease in August 2025?

DMG's hashrate decreased to 1.53 EH/s due to planned substation maintenance that resulted in approximately four days of scheduled downtime.

What new business initiatives is DMG Blockchain pursuing?

DMG is expanding into artificial intelligence (AI) infrastructure sales to the Canadian defence sector, establishing relationships with defence procurement ministers and execution partners.

How are DMG's hydro-powered miners performing?

DMG's hydro-powered miners maintained a steady 0.4 EH/s performance, even at ambient temperatures of 40 degrees Celsius, except during the maintenance period.