DMG Blockchain Solutions Announces Preliminary August Operational Results

Core Insights - DMG Blockchain Solutions Inc. reported a decline in hashrate to 1.53 EH/s in August 2025 from 1.65 EH/s in July due to planned maintenance, resulting in approximately three days of net downtime [1][7] - The company held 324 BTC at the end of August, an increase from 307 BTC in July, as it sold less bitcoin than it mined, indicating a more favorable capital structure [2][7] - DMG's CEO highlighted the company's focus on new business initiatives, particularly in selling AI infrastructure to the Canadian defense sector, establishing key relationships for rapid deployment [3] Operational Performance - The hashrate for August 2025 was 1.53 EH/s, down from 1.65 EH/s in July 2025 [1][7] - Bitcoin mined in August was 23 BTC, a decrease from 26 BTC in July 2025 [7] - Hydro-powered miners contributed a steady 0.4 EH/s operation, except during the maintenance period [1] Financial Position - DMG's bitcoin balance increased to 324 BTC from 307 BTC in July, reflecting a strategic decision to lower debt and optimize capital structure [2][7] - The company is considering a formal treasury policy to accumulate digital assets for the long term [2] Strategic Initiatives - DMG is actively pursuing new business opportunities, particularly in the AI sector for defense applications, with established relationships in Canadian defense procurement [3] - The company aims to deploy AI infrastructure at scale, leveraging partnerships for execution [3] Company Overview - DMG Blockchain Solutions Inc. is a vertically integrated blockchain and data center technology company focused on monetizing digital assets and AI compute ecosystems [4]