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July 3, 2025, 6:57 a.m.
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DMG Blockchain Reports June 2025 Bitcoin Mining Results and Expansion Plans

VANCOUVER, British Columbia, July 2, 2025 (GLOBE NEWSWIRE) – DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FRANKFURT: 6AX), a vertically integrated blockchain and data center technology company, today released its preliminary operational results for June 2025: - Bitcoin mined: 23 BTC (down from 31 BTC in May 2025) - Hashrate: 1. 56 EH/s (down from 1. 89 EH/s in May 2025) - Bitcoin balance: 341 BTC (down from 350 BTC in May 2025) In June 2025, DMG’s realized hashrate declined 18% due to an unscheduled nearly two-day electrical outage at its Christina Lake facility and ongoing challenges with its hydro infrastructure. A regional lightning storm caused a main substation breaker to trip, necessitating extensive repairs. Additionally, manufacturer quality control issues led to contamination-related downtime in DMG’s hydro infrastructure, which is actively being resolved. The Company expects that with further servicing and monitoring, the hydro mining capacity’s hashrate can approach its 0. 4 EH/s potential, even during summer heat, as the hydro miners are designed to operate at ambient temperatures above 40°C though at reduced efficiency. Leveraging experience from its initial 6-megawatt hydro mining container build-out, DMG plans to source new hydro infrastructure from alternative manufacturers for the planned expansion at Christina Lake. The Company will retain existing electrical distribution and shelving while procuring key hydro components from top-tier vendors to facilitate the transition from air-cooled to direct liquid-cooled mining and improve supply chain and integration quality control. DMG intends to build a pilot hydro system this summer at Christina Lake ahead of its goal to expand to 3 EH/s by the end of 2025. As of June’s end, DMG’s bitcoin holdings totaled 341 BTC. The Company sold bitcoin during the month to fund operations and reduce its loan balance with Sygnum Bank, in line with previous guidance. New Bitcoin Mining Site Agreement Outside British Columbia DMG has executed a binding agreement to develop a new data processing center powered by low-cost renewable energy in a Canadian province outside British Columbia, supporting its long-term strategy to locate mining where energy costs are minimal. Once operational, the new site is expected to add approximately 1 EH/s of mining capacity, contingent on equipment selection and commissioning, currently targeted for the second half of 2026. CEO Sheldon Bennett stated, “June presented unexpected challenges with our mining infrastructure, yet we continue progressing toward relocating our operations to areas with cheaper energy. We are advancing discussions with Canadian government agencies, focusing on the Department of National Defence, amid Canada’s increased military spending with AI as a priority.

We remain encouraged by Systemic Trust’s custody client onboarding and platform expansion beyond custody. ” Grant of Stock Options and RSUs DMG granted a total of 201, 607 stock options and 1, 275, 000 restricted stock units (RSUs) to employees and directors. The options, exercisable over five years at $0. 285 per share, vest in 25% increments at six, 12, 18, and 24 months post-grant. RSUs vest fully in one year. These grants aim to align incentives with the Company’s long-term performance and growth. About DMG Blockchain Solutions Inc. DMG is a publicly traded, vertically integrated blockchain and data center technology firm managing and developing digital solutions to monetize digital asset and AI compute ecosystems. Its wholly owned subsidiary, Systemic Trust Company, plays a key role in DMG’s carbon-neutral Bitcoin ecosystem, enabling financial institutions to transact Bitcoin sustainably and in compliance with regulations. For more information, visit www. dmgblockchain. com and follow @dmgblockchain on X, LinkedIn, Facebook, or subscribe to the DMG YouTube channel. Contact Information Sheldon Bennett, CEO & Director Tel: +1 (778) 300-5406 Email: investors@dmgblockchain. com Investor Relations: investors@dmgblockchain. com Media Inquiries: Chantelle Borrelli, Head of Communications, chantelle@dmgblockchain. com Disclaimer The TSX Venture Exchange and its Regulation Service Provider disclaim responsibility for the adequacy or accuracy of this release. Cautionary Note on Forward-Looking Information This release contains forward-looking statements based on current expectations about DMG’s strategies, plans, production targets, infrastructure sourcing, client acquisition, product development, and market conditions. These statements involve risks and uncertainties that may cause actual results to differ materially, including changes in Bitcoin mining difficulty, bitcoin price fluctuations, operational challenges, regulatory risks, competition, supply chain issues, technology changes, security threats, and other factors beyond DMG’s control. Investors should exercise caution and not place undue reliance on forward-looking statements, which speak only as of the release date. DMG disclaims any obligation to update these statements except as required by law. For detailed risks and uncertainties, refer to DMG’s filings on www. sedarplus. ca. Past financial performance may not predict future results.



Brief news summary

DMG Blockchain Solutions Inc. reported preliminary June 2025 results, mining 23 BTC, down from 31 BTC in May due to an 18% hashrate decline caused by nearly two days of power outages and hydro infrastructure issues at its Christina Lake site. To overcome these challenges, the company is performing equipment servicing, quality improvements, and sourcing new hydro components from alternative suppliers. DMG plans to expand its hydro mining capacity to 3 EH/s by year-end, with a pilot system expected this summer. Current Bitcoin holdings total 341 BTC after selling some assets to fund operations and reduce debt. Additionally, DMG signed an agreement to build a new data center outside British Columbia with 1 EH/s capacity targeted for late 2026. The company granted stock options and restricted stock units to motivate staff and directors. CEO Sheldon Bennett highlighted strategic priorities such as securing lower-cost energy, enhancing government engagement, and expanding the Systemic Trust custody platform. DMG remains committed to blockchain and AI computing within a carbon-neutral ecosystem while recognizing industry risks and uncertainties.
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