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DMG Blockchain Solutions Announces Preliminary April Operational Results - DMG Blockchain Solutions (OTC:DMGGF)

  • On May 5, 2025, DMG Blockchain Solutions Inc. From Vancouver released an initial report detailing its mining activity and performance metrics for April 2025.
  • The results reflect a slight decrease in Bitcoin mined due to higher network difficulty, a shorter month, and a tactical hashrate trim in warmer conditions.
  • DMG mined 30 BTC in April with a realized hashrate of 1.93 EH/s, supported by new Bitmain S21+ Hydro miners and a Bitcoin treasury of 351 BTC.
  • The company sold part of its Bitcoin holdings to fund a 2-megawatt AI data center acquisition and repay a portion of its $20 million Sygnum Bank loan.
  • CEO Sheldon Bennett emphasized that the company is prioritizing the development of its AI strategy while continuing its profitable Bitcoin mining operations to help fund and expedite the securing of off-take agreements.
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Inside Ottawa Valley broke the news in Ottawa, Canada on Tuesday, April 29, 2025.
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