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Production / Operations

DMG Blockchain Solutions Announces Preliminary September Operational Results

By The Northwire Desk — AI Analysis Oct 07, 2025 · 22:45 DMGI · 0.56 DMG Blockchain Solutions Inc.
DMGI · Price

Executive Summary

  • DMG Blockchain Solutions reported September 2025 operational metrics: mined 23 BTC, hash rate 1.65 EH/s, and a bitcoin balance of 342 BTC.
  • Hashrate increased from August’s 1.53 EH/s, returning to July‑level performance after hydro miner downtime caused by water‑glycol mix adjustments.
  • Management indicated the company is deferring changes to its treasury policy, using debt capacity to limit BTC liquidations while exploring non‑dilutive AI infrastructure capital acquisitions.

Key Details

  • Bitcoin mined in September 2025: 23 BTC (same as August).
  • Hashrate: 1.65 EH/s in September vs. 1.53 EH/s in August; aligns with July levels after full‑month operation.
  • Bitcoin balance at month‑end: 342 BTC, up from 324 BTC in August.
  • Hydro miner downtime: Caused by recurring contamination issues; water‑glycol mix was adjusted for winter conditions, reducing consistent operation of the 0.4 EH/s rated hydro equipment.
  • Treasury policy stance: Company is deferring any formal changes; treats bitcoin as part of working capital and uses its debt facility to avoid further liquidations while rebuilding the BTC balance.
  • Capital‑raising outlook: Management believes an equity raise at current share prices would not be in shareholders’ best interest; pursuing non‑dilutive AI infrastructure asset acquisitions instead.
  • Strategic focus (CEO comment): Emphasis on AI opportunities with Canadian government, military, and enterprise markets; working toward definitive agreements with the Malahat First Nation to support AI and power generation; expecting digital‑asset custody business revenue to ramp up in the next calendar year.

Notable Quotes

“We remain optimistic about our opportunities in AI and digital asset financial services… we are working towards definitive agreements that support both AI and the power generation to energize that AI.” – Sheldon Bennett, CEO & Director

Read the original news release →

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