- Business
- DMG Blockchain Solutions Inc. (TSXV:DMGI) operates as a vertically integrated blockchain and data center technology company that develops, manages, and operates comprehensive platform solutions to monetize the blockchain and generative AI compute ecosystems; its Core business segment owns and runs high-performance data centers including the Christina Lake facility in British Columbia for Bitcoin mining with recent hashrate at 1.81 EH/s and efficiency of 22.5 J/TH, while the Core+ segment delivers Bitcoin blockchain infrastructure software such as Terra Pool for renewable energy OFAC-compliant mining, Helm DCIM, Blockseer Petra, Blockseer WalletScore, Blockseer Breeze, and digital asset transaction applications including Systemic Trust for institutional custody, Blockseer Exchange Partnerships, Reactor.xyz, and Blockseer Explorer. Founded in 2011 and headquartered in Delta, British Columbia, Canada, the company serves financial institutions, cryptocurrency exchanges, auditing firms, and law firms primarily in North America with a focus on sustainable practices and vertical integration. Recent developments include an AI strategy update with a memorandum of understanding to acquire 10 megawatts of prefabricated data center infrastructure for military-grade AI capabilities, a partnership with the Malahat Nation for 30 megawatts of generative AI capacity, onboarding progress for Systemic Trust as a qualified custodian with SOC 2 Type II compliance and planned customer announcements, acquisition of 5AW hydro miners to boost hashrate to 2.1 EH/s by early 2025 following a $17.3 million unit offering, repayment of a $1 million loan, and expansion of Terra Pool into a full platform with Reactor.