Public Companies
Business Description
DMG Blockchain Solutions (TSXV: DMGI; OTCQB: DMGGF), based in Vancouver, British Columbia, operates as a vertically integrated Bitcoin miner and digital-infrastructure company structured around two segments: Core, covering data center operations and Bitcoin mining, and Core+, covering proprietary software and financial services.
The company's flagship asset is a wholly owned data center in Christina Lake, British Columbia. In March 2026, DMG received utility approval bringing total available site power to 75 megawatts: 15 MW of firm capacity plus 60 MW of curtailable non-firm power. DMG has filed for additional non-firm capacity beyond that envelope and is separately exploring use of an on-site natural gas transmission line, potentially paired with renewable natural gas, as a path to carbon-neutral operations.
According to BitcoinMiningStock.io data, DMG's operating hashrate stood at 1.54 EH/s as of April 30, 2026, at an efficiency of 22.5 J/TH. Bitcoin production in the three months ended April 2026 totaled 67 BTC: 21 BTC in April, 23 BTC in March, and 23 BTC in February. The company held 389 BTC in treasury as of May 8, 2026, against an enterprise value of approximately $30 million.
In April 2026, DMG received 2 megawatts of Sensitive Compartmented Information Facility (SCIF)-rated prefabricated data center units at Christina Lake, among the first SCIF-rated modular deployments in Canada, targeting government, enterprise, and academic tenants. The company had announced plans to secure up to 10 MW of SCIF-rated modular capacity as of mid-2025.
DMG's Core+ segment encompasses several named platforms. Helm is a data center facility manager designed to optimize mining fleet uptime. Petra is a B2B integration layer enabling financial institutions and exchanges to interface with DMG's compliance framework; it is integrated with Fireblocks' custody infrastructure. The Blockseer suite includes a publicly available Bitcoin blockchain explorer (launched August 2025) and Walletscore, a forensic analytics tool used by auditors, law firms, and law enforcement agencies. Systemic Trust Company, a wholly owned subsidiary, was registered as a special-purpose trust company under Alberta's Loan and Trust Corporations Act in January 2025. It holds SOC 2 Type II certification and operates as Canada's only Qualified Custodian using Fireblocks wallet infrastructure; in May 2025, it enabled carbon-neutral Bitcoin transactions.
For fiscal year 2025 (year ending September 30, 2025), DMG reported total revenue of $47.3 million, a 40% increase from $33.9 million in fiscal 2024, driven primarily by a $12.2 million rise in digital currency mining revenue. CEO and COO Sheldon Bennett, a Certified Fraud Examiner with prior roles at PwC, Ernst & Young, and Cisco Systems, leads the company. A pending application for additional non-firm power would expand site capacity at Christina Lake beyond the current 75 MW envelope.