Dmg Blockchain Solutions Inc
XTSX:DMGI
Dmg Blockchain Solutions Inc
DMG Blockchain Solutions, Inc. engages in the provision of cryptocurrency and blockchain solutions. The company is headquartered in Christina Lake, British Columbia. The company went IPO on 2012-06-28. The firm operates in two segments: Core and Core+ operations. The Core operations segment is focused on mining, which is primarily bitcoin, as well as providing hosting services and supplying crypto-mining hardware for industrial mining clients. The Core+ operations segment offers data analytics and forensic services, which provide technical capabilities with software products, such as Blockseer Pool, Mine Manager, and Walletscore, as well as working with auditors, law firms and law enforcement organizations. The Company’s subsidiaries include DMG-US, Inc., Datient, Inc. and DMG Blockchain Services Inc.
DMG Blockchain Solutions, Inc. engages in the provision of cryptocurrency and blockchain solutions. The company is headquartered in Christina Lake, British Columbia. The company went IPO on 2012-06-28. The firm operates in two segments: Core and Core+ operations. The Core operations segment is focused on mining, which is primarily bitcoin, as well as providing hosting services and supplying crypto-mining hardware for industrial mining clients. The Core+ operations segment offers data analytics and forensic services, which provide technical capabilities with software products, such as Blockseer Pool, Mine Manager, and Walletscore, as well as working with auditors, law firms and law enforcement organizations. The Company’s subsidiaries include DMG-US, Inc., Datient, Inc. and DMG Blockchain Services Inc.
Revenue Growth: Full-year 2025 revenue rose 4% to $47.3 million, despite a weaker September quarter that saw a 1% sequential decline.
Bitcoin Mining: DMG mined 334 Bitcoin in 2025 with a hashrate of 1.7 exahash and improved fleet efficiency at 22.7 joules per terahash; no plans to exit mining.
AI Data Center Expansion: DMG is accelerating its transition of the Christina Lake facility to a 50+ megawatt AI data center, while still mining until conversion, and aims for further growth at Boardman, Oregon.
Operating Costs & Margins: Higher energy costs led to a lower margin of 40% in Q4 (down from 44% in Q3); full-year margin was stable at 42%.
Profitability: The company reported a net loss of $10.3 million for 2025 but achieved comprehensive income of $11.3 million due to unrealized Bitcoin gains.
Cash Flow: Cash flow from operations nearly doubled to $16.2 million, and working capital increased 135% year-over-year.
Guidance & Outlook: No specific guidance provided for near-term Bitcoin strategy or AI project CapEx, but management is bullish on digital asset financial services and expects Systemic Trust revenues to ramp in the next 6–12 months.
