DMG Blockchain Solutions Inc V.DMGI

Alternate Symbol(s): DMGGF | V.DMGI.WT

Financial Services Cryptocurrency

DMG Blockchain Solutions Inc. is a vertically integrated blockchain and data center technology company that develops, manages, and operates comprehensive platform solutions to monetize the blockchain ecosystem. Its business lines are referred to as Core (infrastructure) and Core+ (software and services). The Company operates its transaction verification services business, known as Bitcoin mining, in Western Canada. It owns and operates its data center in Christina Lake, BC. Its regulatory and compliance platforms include Terra Pool, Blockseer Walletscore, Mine Manager and Blockseer Petra. Its crypto safety and security platforms include Blockseer Intelligence, Blockseer Exchange and Blockseer Breeze. It also provides bespoke data center deployments specializing in digital asset mining and artificial intelligence (AI). It also offers highly optimized solution to automate and manage hashrate contracts. Its subsidiary, Systemic Trust Corporation, is focused on custody of digital assets.

TSXV:DMGI - Post by User

DMG Blockchain Solutions Inc > I prefer the DMG financial model to RIOT.

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Comment by phoenix_traderon Aug 16, 2022 11:08am

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Post# 34899368

RE:I prefer the DMG financial model to RIOT.

RIOT dumped 31 mill shares through an ATM in Q2.

As of June 30, 2022, the Company received net proceeds on sales of 30,559,817 million shares of common stock under the Sales Agreement of approximately $267.0 million (after deducting $5.7 million in commissions and expenses) at a weighted average price of $8.92 per share.

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