DMG Blockchain Solutions Announces Preliminary July Operational Results, Treasury Update, Launch of Blockseer Explorer

Core Insights - DMG Blockchain Solutions Inc. reported a 6% increase in its realized hashrate to 1.65 EH/s in July 2025, attributed to the operationalization of its hydro infrastructure [1][8] - The company successfully addressed infrastructure contamination issues and is now experiencing minimal hashrate fluctuations in its hydro mining segment [1] - DMG's bitcoin balance decreased to 307 BTC by the end of July, following sales to fund operating expenses and reduce its loan balance with Sygnum Bank [2][8] Operational Performance - The hashrate for July 2025 was 1.65 EH/s, up from 1.56 EH/s in June 2025 [1][8] - The company mined 26 BTC in July, compared to 23 BTC in June [8] - DMG's hydro miners are performing well under higher ambient temperatures, with a significantly lower initial failure rate than previous generations of equipment [1] Financial Position - DMG has paid down more than half of its $20 million loan balance with Sygnum Bank as of March 31, 2025 [3] - The company anticipates increasing its bitcoin balance while limiting further debt reductions [3] - DMG's cash cost of energy for bitcoin mining is below market price, making it attractive for growing its bitcoin balance [3] Product Development - DMG relaunched Blockseer Explorer, a tool designed for Bitcoin-native operators, allowing users to track wallet activity and export transaction data easily [4] - The Blockseer Explorer is available at no cost, targeting a specific and underserved market segment [4] Company Overview - DMG is a vertically integrated blockchain and data center technology company focused on monetizing digital assets and AI compute ecosystems [5] - The company operates a carbon-neutral Bitcoin ecosystem through its subsidiary, Systemic Trust Company [5]