DMG BLOCKCHAIN - DMGGF STOCK NEWS

DMG Blockchain Solutions Inc. announces its April 2024 preliminary mining results, showcasing 39.0 bitcoin mined with a 0.92 EH/s realized hashrate, resulting in a balance of 467 bitcoin by April 30. Post-halvening, DMG improved its legacy fleet efficiency to approximately 26 J/TH while reducing hashrate to 0.85 EH/s, attributing to the reduction in April's hashrate. The installation of new Bitmain T21 miners is ongoing, with expectations to generate 0.86 EH/s at 19 J/TH efficiency when fully operational in the current quarter.

Additionally, DMG's CEO and COO were interviewed on The MarketGems Podcast, sharing insights on the company's strategic vision, recent milestones, technological advancements, and sustainability commitment.

DMG Blockchain Solutions Inc. announces an operational update, including the installation of new Bitmain T21 miners to increase mining efficiency, participation in the Planet MicroCap Showcase in Las Vegas, and plans for further fleet expansion. CEO Sheldon Bennett highlights the company's progress and growth strategy.

DMG Blockchain Solutions collaborates with PayPal and Energy Web to decarbonize the Bitcoin blockchain, aiming to expand its use as a carbon-neutral payment rail. The partnership involves research, testing, and the development of new solutions to reduce the environmental impact of Bitcoin transactions, benefiting users looking for sustainable options.

DMG Blockchain Solutions Inc. announces preliminary mining results for March 2024, revealing 49.8 bitcoin mined with a realized hashrate of 1.0 EH/s. The Company's bitcoin balance as of March 31, 2024, stood at 446 bitcoin. Additionally, DMG Management will participate in the DigitalABC's First Annual Blockchain Law, Regulation, and Policy Conference on April 8, 2024, discussing key topics like crypto asset mining, taxation, government involvement, and emerging trends.

DMG Blockchain Solutions Inc. announces operational updates including new mining capacity, miner deployment plan, and progress on a new data center site. The company is also granting stock options to employees and directors.

DMG Blockchain Solutions Inc. reports strong preliminary mining results for February 2024, with 49.3 bitcoin mined and a 1.0 EH/s realized hashrate. The company's bitcoin balance as of February 29, 2024, was 454 bitcoin, and it anticipates the first half of its 4,550 unit miner purchase from Bitmain to ship in March 2024.

DMG Blockchain Solutions Inc. reaffirms its technology leadership in non-standard Bitcoin transactions by inscribing large digital art collections using its Petra technology and carbon neutral pool, Terra Pool. The company has been at the forefront of innovative services and decarbonization efforts in the Bitcoin industry.

DMG Blockchain Solutions Inc. commits CAD $3.5 million to establish a digital asset custody solution in Calgary, Alberta for institutional clients. The solution aims to build credibility and trust in cryptocurrency by offering secure wallet solutions, insurance policies, risk management practices, and OFAC compliant blockchain solutions. Systemic Trust, a subsidiary of DMG, will provide regulated custody for digital assets to financial institutions, asset managers, and public sector organizations. The board of directors includes industry experts with diverse backgrounds. Lawrence Truong, with extensive capital markets experience, will lead Systemic Trust as CEO.

DMG Blockchain Solutions Inc. announces strong fiscal first quarter 2024 financial results with $9.7 million revenue, $1.5 million operating loss, and $7.0 million net income. The company also reports mining 196 bitcoins, signing an agreement with Bitmain Technologies, and achieving significant cash flow growth.