DMG Blockchain Solutions Announces Preliminary May Operational Results

Core Insights - DMG Blockchain Solutions Inc. reported its preliminary operational results for May 2025, highlighting a stable hashrate and bitcoin balance while addressing operational challenges [1][2][3] Operational Performance - The realized hashrate for May 2025 was 1.89 EH/s, slightly down from 1.93 EH/s in April 2025, with a target of 2.1 EH/s reached early in the month [1][8] - The company mined 31 bitcoin in May, an increase from 30 bitcoin in April, despite facing seasonal headwinds and infrastructure challenges [3][8] - DMG's bitcoin balance remained stable at 350 BTC at the end of May, similar to the previous month [2][8] Financial Management - Bitcoin sales during May were utilized to fund operating expenses and reduce the loan balance with Sygnum Bank, consistent with prior guidance [2][3] - The company continues to focus on maintaining competitiveness in Bitcoin mining while also exploring opportunities in artificial intelligence infrastructure and digital asset custody services [3][4]