DMG Blockchain Solutions Expands Presence with New US Data Center
DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX), a well-recognized player in the blockchain and data center technology realm, is making notable strides with its recent announcement of an asset purchase aimed at launching its first data center based in the United States. This move is seen as a landmark moment for the company, signifying its commitment to enhance its operations and expand its footprint in a rapidly growing market.
The company has entered a letter agreement to acquire a 27,600 square foot facility located on 8 acres of leased land. In addition, there’s an option to lease an adjacent 10-acre parcel, which will provide ample space for future expansion. This building is currently supported by a 3.75 megawatt power capacity, with ongoing discussions aimed at increasing this allocation even further through negotiations with the local utility provider. The closing of this transaction is anticipated in the near future, contingent on the completion of formal agreements.
Building in a Data Center Hub
This strategic property acquisition places DMG in a prime location known for its robust data center ecosystem. The site is situated in an area already home to numerous functioning Amazon Web Services (AWS) facilities, which further bolsters the anticipated connectivity and infrastructure support for DMG's operations. The location is part of DMG’s strategic intent to solidify its presence in a data center hub, setting the stage for a comprehensive expansion of its operational capabilities in the United States.
Focus on AI Infrastructure Development
While DMG remains focused on the Canadian market, notably in developing artificial intelligence (AI) infrastructure, it also acknowledges the vast opportunities that lie south of the border. The company recently announced a joint venture with the Malahat Nation to develop utility capacity for a 15-megawatt data center in Canada. However, it plans to do a limited amount of Bitcoin mining at the new US site post-acquisition to optimize the new power resources from day one. Over time, it aims to enhance the facility's capabilities to cement its status as a high-performance computing (HPC) hub.
As DMG contemplates construction, it remains adaptable, with plans to either retrofit the current structure for HPC capabilities or develop additional HPC facilities on the expansive site. The future demands of advanced HPC applications require significant power resources, which underscores DMG’s proactive approach in tackling the anticipated challenges of power allocation and usage.
Leadership Insight
Sheldon Bennett, CEO of DMG Blockchain Solutions, shared his insights on this significant purchase, stating that it represents a pivotal achievement for the company, marking a transition into US operations. He emphasized the importance of meeting the requirements of the Canadian government by establishing AI data centers domestically while simultaneously looking to take advantage of the larger market opportunities available in the US.
He remarked, "In order to capitalize on that larger opportunity, DMG needs to start building now." This forward-thinking mindset illustrates DMG's strategy of blending immediate operational needs with long-term vision and growth possibilities.
Preliminary Operational Results for October
In addition to announcing the acquisition, DMG shared its preliminary operational results for October 2025, showing positive trends in their Bitcoin mining performance:
- Bitcoin mined: 23 BTC (consistent with September 2025)
- Hashrate: 1.75 EH/s (an increase from 1.65 EH/s in September)
- Bitcoin balance: 359 BTC (up from 342 BTC in September)
The data reflects DMG's growing operational efficiencies, alongside a competitive hashrate that benefits from cooler seasonal temperatures. The company is dedicated to rebuilding its Bitcoin reserves by minimizing liquidation practices.
About DMG Blockchain Solutions Inc.
DMG is dedicated to creating a sustainable and vertically integrated blockchain and data center technology framework. The company excels in developing, managing, and operating extensive platform solutions designed to leverage the blockchain ecosystem profitably. Their operations are driven by a commitment to core values and environmentally friendly practices, further bolstered by their subsidiary, Systemic Trust Corporation, which specializes in digital asset custody.
For further assistance or inquiries, interested parties can reach DMG Blockchain Solutions through its CEO Sheldon Bennett, who leads the company with a vision for sustainable growth and innovation. Interested stakeholders can also direct investor inquiries to: investors@dmgblockchain.com or reach out regarding media contacts through Colin Doylend, Head of Business Relationships, at +1 (604) 338-8543.
Frequently Asked Questions
What is the main goal of DMG Blockchain Solutions' new US data center?
The primary goal is to expand its facilities to support high-performance computing and Bitcoin mining operations in a robust data center environment.
Where is the new data center located?
The new data center is set to be established in Oregon, strategically located within an active data center hub.
How does DMG's US expansion relate to its operations in Canada?
DMG is developing AI infrastructure in Canada while leveraging the larger market opportunities in the US, aiming for a balanced approach to expansion.
What are the preliminary operational results for October?
In October, DMG mined 23 BTC, achieved a hashrate of 1.75 EH/s, and increased its Bitcoin balance to 359 BTC.
Who can be contacted for more information about DMG?
For inquiries, contact Sheldon Bennett, CEO at +1 (778) 300-5406 or reach out to investor relations at investors@dmgblockchain.com.
