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May 6, 2025, 2:25 p.m.
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DMG Blockchain Reports April 2025 Bitcoin Mining Results and AI Data Center Expansion

VANCOUVER, British Columbia, May 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 firm, today released preliminary operational results for April 2025: - Bitcoin mined: 30 BTC (down from 32 BTC in March 2025) - Hashrate: 1. 93 EH/s (up from 1. 82 EH/s in March 2025) - Bitcoin holdings: 351 BTC (down from 458 BTC in March 2025) DMG’s April performance shows stable mining operations alongside strategic investments. The slight decline in mined Bitcoin reflects increased network difficulty and a shorter month. However, the company increased its realized hashrate to 1. 93 EH/s, aided by deploying additional Bitmain S21+ Hydro miners, approaching its 2. 1 EH/s target. This target may be modestly reduced during summer to optimize operations amid higher ambient temperatures. The Company sold part of its Bitcoin holdings, reducing treasury from 458 BTC in March to 351 BTC in April. The proceeds funded the acquisition of 2 megawatts of prefabricated artificial intelligence (AI) data center infrastructure and were used for the initial significant repayment on its Sygnum Bank loan, which had a $20 million balance at March's end. These moves represent a key advancement in DMG’s broader strategy to transition its data center capacity towards AI computing while reducing debt. Sheldon Bennett, CEO, stated, “We continue to advance our AI strategy while maintaining a profitable Bitcoin mining operation.

Acquiring 2 megawatts of AI data center infrastructure marks a tangible shift to reinvest mining returns into our AI capital expenditures, which we believe will accelerate establishing off-take agreements. Our primary focus is on high-value government and enterprise clients seeking sovereign AI solutions for Canada. ” About DMG Blockchain Solutions Inc. : DMG is a publicly traded, vertically integrated blockchain and data center technology company managing and developing comprehensive digital solutions to monetize digital asset and AI compute ecosystems. Its wholly owned subsidiary, Systemic Trust Company, plays a central role in DMG’s carbon-neutral Bitcoin ecosystem, facilitating sustainable, regulation-compliant Bitcoin transactions for financial institutions. For more information, visit www. dmgblockchain. com and follow @dmgblockchain on X, LinkedIn, Facebook, and subscribe to the DMG YouTube channel. Contact: 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 do not accept responsibility for the adequacy or accuracy of this release. Cautionary Note on Forward-Looking Information: This release contains forward-looking statements regarding DMG’s strategies, plans, and expectations, including the shift toward AI data center capacity, Bitcoin mining performance, capital allocation, product development, and operational improvements. Forward-looking information is identified by terms such as “may, ” “expect, ” “intend, ” “believe, ” and similar expressions. Factors that may cause actual results to differ materially include changes in Bitcoin network difficulty, price fluctuations, operational challenges, competition, regulatory conditions, security threats, market demand for Bitcoin and AI services, product development risks, intellectual property issues, capital availability, and general economic conditions. The Company cautions against undue reliance on forward-looking statements, which are based on current assumptions and subject to numerous risks and uncertainties beyond its control. DMG assumes no obligation to update forward-looking statements except as required by law. Readers should consult the Company’s filings on www. sedarplus. ca for further risk disclosures. Past financial performance may not be indicative of future results.



Brief news summary

DMG Blockchain Solutions Inc. mined 30 BTC in April 2025, slightly down from 32 BTC in March due to higher network difficulty and fewer mining days. The company’s hashrate rose to 1.93 EH/s, nearing its 2.1 EH/s goal, supported by new Bitmain S21+ Hydro miners. Bitcoin holdings decreased from 458 to 351 BTC after partial sales to fund 2 megawatts of AI data center capacity and repay part of a $20 million loan from Sygnum Bank. CEO Sheldon Bennett emphasized a strategic shift towards AI infrastructure while maintaining Bitcoin mining cash flow, targeting government and enterprise clients in Canada for sovereign AI solutions. As a vertically integrated blockchain and data center firm, DMG focuses on digital asset monetization and AI compute ecosystems with a commitment to sustainability, operating carbon-neutral mining in partnership with Systemic Trust Company. Despite risks like Bitcoin price volatility, rising network difficulty, regulatory challenges, and operational hurdles, DMG aims to balance mining and AI infrastructure growth to strengthen its market position amid evolving industry trends.
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