DMG Blockchain Solutions Announces 75 MW Utility Approval Expanding Christina Lake Data Center Power, February Preliminary Operational Results

Core Insights - DMG Blockchain Solutions Inc. has received verbal approval for an additional 10 megawatts of non-firm power, increasing its total power capacity to 75 megawatts, which includes 15 megawatts of firm power and 60 megawatts of non-firm power [1] - The company plans to submit a new application for additional non-firm power, which may be more readily available at a lower capital cost [1] - DMG's use of non-firm power has successfully reduced energy costs and resulted in only three days of curtailment since February 2025 [2] Power Capacity and Energy Strategy - The total available power capacity for DMG is now 75 megawatts, with a combination of firm and non-firm power [1] - The company is exploring the use of a natural gas transmission line for backup and potentially primary power generation, along with renewable natural gas options for carbon-neutral operations [3] - DMG's CEO emphasized the importance of energy availability and connectivity for the Christina Lake data center, aiming to expand power opportunities beyond 50 megawatts [4] Operational Performance - In February 2026, DMG's hashrate averaged 1.78 EH/s, consistent with recent guidance, and the company held 410 bitcoin at the end of the month [5][8] - The company liquidated a portion of its mined bitcoin to fund operations, maintaining a balance of 410 bitcoin, down from 414 bitcoin in January 2026 [8] Company Overview - DMG is a vertically integrated blockchain and data center technology company focused on sustainable practices and monetizing the blockchain ecosystem [6] - The company's operations are driven by two strategic pillars: Core and Core+, emphasizing vertical integration and environmental responsibility [6]