DMG Blockchain Solutions Announces April Preliminary Operational Results
DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FRANKFURT: 6AX) has released its operational results for April 2026, showing a decrease in bitcoin mined compared to March. The company reported mining 21 BTC in April, down from 23 BTC in March. Its hashrate also declined, reporting 1.54 EH/s compared to 1.63 EH/s in the previous month. The bitcoin balance at the end of April stood at 389 BTC, a decrease from 398 BTC at the end of March, as the company liquidated some bitcoin to fund operations and capital expenses.
DMG has highlighted its access to wholesale power markets as a beneficial factor for its Christina Lake operations. The price of Mid-Columbian Basin power has been low, ranging from 3.5 to 5.0 cents Canadian per kilowatt-hour delivered to DMG’s substation recently. Despite the volatile nature of wholesale power pricing, this low cost has had a generally positive impact on the company's operational expenses. DMG's CEO, Sheldon Bennett, noted the importance of this rate class, which mimics access to wholesale power, during periods of low bitcoin prices.
The company is also transitioning its focus toward artificial intelligence and high-performance computing (AI/HPC) solutions, establishing a new subsidiary called DMG Infrastructure to support this effort. This move reflects DMG’s strategy to leverage its data center at Christina Lake for future AI applications. DMG Blockchain Solutions aims to expand its platform to include high-performance AI and sovereign compute solutions.
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