DMG Blockchain Solutions Announces Asset Purchase to Establish its First US-based Data Center, October Preliminary Operational Results

Core Insights - DMG Blockchain Solutions Inc. has signed a letter agreement to purchase a 27,600 square foot building on 8 acres of leased land in Boardman, Oregon, with an option for an additional 10 acres [1][2] - The property is strategically located in a data center hub, providing access to significant connectivity and power, which aligns with DMG's long-term expansion strategy [2][3] - The company plans to establish its first US-based data center, complementing its efforts to develop AI infrastructure in Canada [3][5] Property and Expansion Plans - The existing building can be retrofitted for high-performance computing (HPC) or new HPC facilities can be constructed on the 18-acre site [4] - DMG is currently in discussions with local utilities to expand power availability, which is expected to be a primary constraint for future growth [4][5] - Initial operations may include limited Bitcoin mining to utilize power allocation, with plans for further expansion over time [3][5] Operational Performance - Preliminary operational results for October 2025 indicate a hashrate of 1.75 EH/s, an increase from 1.65 EH/s in September, attributed to cooler temperatures [6][9] - The company held 359 BTC at the end of October, up from 342 BTC in September, while maintaining a consistent mining output of 23 BTC [6][9]