Core Insights - DMG Blockchain Solutions Inc. is transitioning its Christina Lake data center from Bitcoin mining to a dedicated AI data center, aiming to build a 50-megawatt liquid-cooled facility to support advanced GPU hardware [1] - The company is focusing on partnerships to maximize the monetization of its Christina Lake asset, given the limited availability of renewable energy sites in Canada [1] - DMG has withdrawn its previous Bitcoin mining hashrate target of 3 EH/s, redirecting efforts towards the AI conversion of its facilities [3] Financial and Operational Updates - In November 2025, DMG's Bitcoin mining hashrate increased to 1.81 EH/s from 1.75 EH/s in October, with the company holding 380 Bitcoin at the end of November, up from 359 Bitcoin in October [5][8] - The company mined 22 Bitcoin in November, slightly down from 23 Bitcoin in October [8] Strategic Partnerships and Community Engagement - DMG is committed to forming partnerships with Indigenous communities and is working with the Canadian government to develop a pan-Canadian approach for sovereign AI [4] - The CEO emphasized the importance of maximizing shareholder returns through the dedicated AI data center while maintaining a foundational role for Bitcoin mining in the company's overall strategy [4] Asset Acquisition - DMG is in the process of closing a transaction for a 27,600 square foot building on 8 acres of leased land in Boardman, Oregon, with an option for an additional 10 acres [2]

Core Insights - DMG Blockchain Solutions Inc. has signed a second Memorandum of Understanding (MOU) with Malahat Nation's Economic Development Corporation to establish the Malahat-DMG Utility Limited Partnership, which aims to create a regulated utility for providing electricity and natural gas to clean technology and digital infrastructure projects on Malahat lands [1][2][3] Partnership Development - The new MOU builds on a previous agreement from 2024, which outlined plans to develop 30 megawatts of AI data centers, marking the first Indigenous-led AI data centers in Canada [2] - The partnership will involve joint development and operation of energy infrastructure, including substation upgrades and utility interconnections, to ensure stable and sustainable power for AI computing and renewable energy projects [3] Economic and Cultural Impact - The collaboration aims to empower Indigenous energy sovereignty, combining Malahat Nation's economic development leadership with DMG's expertise in power infrastructure and data center design [4] - The initiative is expected to create long-term job opportunities, training programs, and cultural investments for Malahat members, fostering a new era of Indigenous-owned clean energy systems [4][5] Leadership Statements - Malahat Nation's Chief emphasized that the partnership is about sovereignty and aligning growth with environmental values [5] - DMG's CEO expressed honor in collaborating with Malahat Nation to create a Canadian Indigenous-led regulated utility, highlighting the integration of clean energy generation and digital infrastructure [5] Stock Options and RSUs - DMG has granted stock options and restricted stock units (RSUs) to employees and directors, totaling 188,170 stock options and 1,250,000 RSUs, aimed at aligning long-term performance with the company's growth [6]