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The latest announcement is out from DMG Blockchain Solutions ( (TSE:DMGI) ).
DMG Blockchain Solutions reported a significant increase in revenue for the first quarter of 2025, with a 97% rise from the previous quarter and a 20% increase year-over-year. The company mined 97 bitcoins and improved its hashrate and fleet efficiency, although it experienced a net loss per share. DMG is advancing its Core+ strategy and AI initiatives, including plans for a 10 MW prefabricated data center and a joint venture with the Malahat Nation for AI compute capacity, aiming to enhance its carbon-neutral Bitcoin ecosystem and long-term shareholder value.
More about DMG Blockchain Solutions
DMG Blockchain Solutions Inc. is a vertically integrated blockchain and data center technology company. It focuses on digital currency mining and providing blockchain solutions, with a market emphasis on enhancing its Core+ strategy and expanding its Generative Artificial Intelligence initiatives.
YTD Price Performance: -23.60%
Average Trading Volume: 228,213
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $38.7M
See more insights into DMGI stock on TipRanks’ Stock Analysis page.
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