DMG Blockchain Solutions Inc. (TSX-V: DMGI), a vertically integrated blockchain and data center technology company, announced its fiscal Q2 2025 financial results on May 21, 2025. All amounts are in Canadian dollars unless stated otherwise. Interested readers should review the company’s March 31, 2025 unaudited quarterly financial statements and management’s discussion and analysis available at www. sedarplus. ca. **Q2 2025 Financial Highlights:** - Revenue: $12. 6 million, up 9% from Q1 2025’s $11. 6 million and 26% from $10 million in Q2 2024. - Bitcoin mined: 91 BTC, down from 97 BTC in Q1 2025. - Cash flow from operations: Negative $1. 0 million, as the company mined $7. 1 million more bitcoin than it sold. - Hashrate: Averaged 1. 76 EH/s, an 8% increase over Q1 2025 and 82% higher than Q2 2024. - Cash, short-term investments, and digital assets: $61. 9 million at quarter-end, down 3% from Q1 2025 but up 42% year-over-year. - Total assets: $129. 5 million, down 6% from Q1 2025 but up 9% year-over-year. - Net income: Loss of $0. 02 per share in Q2 2025, unchanged from Q1 2025 and compared to $0. 00 in Q2 2024. CEO Sheldon Bennett noted ongoing growth in Bitcoin mining hashrate driven by deploying hydro direct-liquid-cooled miners, progress in their AI strategy through the purchase of 2 MW of prefab data center infrastructure, and advancement in off-take agreement discussions with Canadian public and private sectors to aid non-dilutive financing. The Systemic Trust digital asset custody platform is focused on platform development, customer adoption, revenue ramp-up, and capability expansion through 2025. **Detailed Financial Review for Q2 2025:** Revenue rose $1, 011, 749 quarter-over-quarter to $12. 64 million. Mining activity delivered 91. 27 bitcoin, with a closing balance of 458. 07 bitcoin at quarter-end. Operating and maintenance expenses increased to $7. 63 million from $5. 27 million in the prior year, primarily due to a $1. 8 million rise in utilities from expanded mining operations and energy price fluctuations, plus $683, 000 in new hosting fees. Research costs increased by $122, 232 year-over-year, focusing on software developments including Systemic Trust, Helm, Reactor, and Blockseer Explorer. General and administrative expenses rose slightly to $1. 94 million from $1. 85 million due mainly to financing costs tied to a credit facility with Sygnum Bank. Depreciation increased to $4. 31 million from $3. 81 million year-over-year. Net income dropped by $3. 35 million to a loss of $3. 35 million compared to the prior year. Total assets reached $129. 51 million as of March 31, 2025, up $25. 64 million from the previous year-end, driven by $7. 12 million in short-term investments and a $19. 7 million net increase in digital currency holdings due to bitcoin price appreciation. **Conference Call:** DMG will host a conference call on May 22, 2025, at 4:30 PM ET to discuss results and provide corporate updates. Participants must register online. Management will take live and pre-submitted questions (via email by 2:00 PM ET May 22). **About DMG Blockchain Solutions Inc. :** DMG is a public, vertically integrated blockchain and data center tech company providing end-to-end digital asset and AI compute ecosystem solutions. Its subsidiary, Systemic Trust Company, supports a carbon-neutral Bitcoin ecosystem that enables sustainable, regulatory-compliant bitcoin transfers for financial institutions. For more information, visit www. dmgblockchain. com, follow @dmgblockchain on X, or subscribe to their YouTube channel. **Financial Statements Summary:** As of March 31, 2025, DMG held $804, 771 in cash, $63. 9 million in receivables, $54. 0 million in digital currency, $97. 1 million in short-term investments, and $150. 1 million in property and equipment.

Liabilities totaled $25. 68 million, while shareholders’ equity was $103. 83 million. In Q2 2025, total revenue was $12. 64 million; total expenses were $15. 2 million, including operating, administrative, stock-based compensation, research, depreciation, and others. The net loss for the quarter was $3. 35 million. Comprehensive loss, including unrealized revaluation losses on digital currency and currency translation adjustments, was $10. 18 million. **Cash Flow Summary:** For the six months ended March 31, 2025, net loss was $6. 45 million. Operating activities used $3. 72 million in cash; investing activities used $17. 7 million mainly for equipment and investments; financing activities generated $20. 5 million, including proceeds from issuance and secured loans. Cash decreased by approximately $874, 000 over the period. **Forward-Looking Information:** This release contains forward-looking statements regarding the company’s plans, expected developments, market conditions, risks, and potential opportunities. Factors such as bitcoin price volatility, mining difficulty changes, regulatory environment, supply chain challenges, competition, operating costs, and other risks could cause actual results to differ materially from expectations. Readers are cautioned not to place undue reliance on these statements. DMG disclaims any obligation to update forward-looking information except as required by law. **Contact:** - Sheldon Bennett, CEO & Director: +1 (778) 300-5406, investors@dmgblockchain. com - Investor Relations: investors@dmgblockchain. com - Media: Chantelle Borrelli, Head of Communications, chantelle@dmgblockchain. com The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. For complete details, including full financial statements and notes, visit www. sedarplus. ca or www. dmgblockchain. com.