DMG Blockchain Solutions Reports May 2025 Operational Results with 31 Bitcoin Mined

VANCOUVER, British Columbia, June 03, 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 its preliminary operational results for May 2025: - Bitcoin mined: 31 BTC (compared to 30 BTC in April 2025) - Hashrate: 1. 89 EH/s (down slightly from 1. 93 EH/s in April 2025) - Bitcoin balance: 350 BTC (vs. 351 BTC in April 2025) In May, DMG’s realized hashrate remained relatively stable at 1. 89 EH/s, compared to April’s 1. 93 EH/s. The Company achieved its 2. 1 EH/s hashrate target in early May, aided by deploying additional Bitmain S21+ Hydro miners. However, due to rising ambient temperatures, DMG reduced the hashrate of some of its fleet—particularly Bitmain T21 miners—and continued to face hydro infrastructure challenges, although its hydro-cooled miners maintained strong performance. The bitcoin balance stood stable at 350 BTC at month-end, with some bitcoin sales executed to cover operational expenses and further reduce debt with Sygnum Bank, following prior guidance. CEO Sheldon Bennett stated, “In May, we mined 31 bitcoin on a 1. 89 EH/s hashrate despite seasonal and infrastructure challenges. Our bitcoin balance remained steady as we used proceeds to finance operations and reduce debt.
While focusing on maintaining competitiveness in Bitcoin mining to sustain cash flow, we remain encouraged by progress securing colocation and off-take agreements for AI infrastructure and attracting new clients for our Systemic Trust digital asset custody subsidiary. ” About DMG Blockchain Solutions Inc. : DMG is a publicly traded, vertically integrated blockchain and data center technology company delivering end-to-end digital solutions for monetizing digital asset and AI compute ecosystems. Its wholly owned subsidiary, Systemic Trust Company, supports DMG’s carbon-neutral Bitcoin ecosystem, enabling financial institutions to move Bitcoin sustainably and in regulatory compliance. For more information, visit www. dmgblockchain. com and follow @dmgblockchain on X, LinkedIn, and Facebook, or subscribe to DMG’s YouTube channel for updates and insights. Contact Information: - Sheldon Bennett, CEO & Director Tel: +1 (778) 300-5406 Email: investors@dmgblockchain. com Web: www. dmgblockchain. com - Investor Relations: investors@dmgblockchain. com - Media Inquiries: Chantelle Borrelli, Head of Communications, chantelle@dmgblockchain. com The TSX Venture Exchange and its Regulation Service Provider do not accept responsibility for the adequacy or accuracy of this release. Cautionary Note Regarding Forward-Looking Information: This release contains forward-looking statements based on current expectations, involving risks and uncertainties that could cause actual outcomes to differ materially. These include DMG’s strategies to shift data center capacity toward AI, securing AI off-take and colocation agreements, expanding its digital asset custody business, investment plans, operational improvements, mining difficulty fluctuations, bitcoin price volatility, regulatory factors, market conditions, competitive pressures, infrastructure and equipment risks, and other industry-related challenges. Forward-looking terms such as "may, " "expect, " "anticipate, " "intend, " "believe, " and similar expressions indicate such statements, which are subject to assumptions that may prove incorrect. The Company disclaims any obligation to update these statements, except as required by law. Investors should recognize that DMG operates in a highly speculative and rapidly evolving environment, and should carefully consider the risks detailed in the Company’s filings at www. sedarplus. ca. Past performance is not indicative of future results. Potential factors impacting results include regulatory approvals, capital availability, equipment supply and failures, power and infrastructure constraints, personnel recruitment and retention, competition, security threats including theft, market demand and pricing for bitcoin and AI services, economic conditions, and operational challenges. Readers are urged not to place undue reliance on forward-looking information contained herein.
Brief news summary
DMG Blockchain Solutions Inc. (TSX-V: DMGI) reported preliminary May 2025 results, mining 31 bitcoins, slightly up from 30 BTC in April. The realized hashrate was 1.89 EH/s, just below April's 1.93 EH/s, with a steady bitcoin balance of 350 BTC. Early May saw DMG reach its 2.1 EH/s hashrate target by deploying additional Bitmain S21+ Hydro miners; however, performance later dipped due to higher ambient temperatures and hydro infrastructure issues. Bitcoin sales covered operating expenses and loan repayments. CEO Sheldon Bennett emphasized the company's focus on competitive bitcoin mining alongside progress in colocation and off-take agreements for AI infrastructure. DMG is also promoting its Systemic Trust digital asset custody subsidiary. As a vertically integrated blockchain and data center tech company, DMG specializes in digital assets and AI ecosystems, prioritizing sustainable, compliant bitcoin transaction solutions. The firm notes forward-looking statements carry risks including market volatility, regulatory changes, operational challenges, and bitcoin network developments. More at www.dmgblockchain.com.
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