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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
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  • TheeRookX
Comment by TheeRookon Jan 06, 2023 2:20pm
274 Views
Post# 35207503

RE:MARA - Dec BTC 475 market cap $472 mill

RE:MARA - Dec BTC 475 market cap $472 millDMGI not making money needs to raise some $$$.
DMG's bitcoin balance as of December 31, 2022 was 454 bitcoin.

DMG has only added $1M of debt. The Company may consider raising modest amounts of additional debt, which would be focused solely on accelerating the deployment of our immersion cooling infrastructure. We believe immersion will become essential for bitcoin mining as the industry evolves.


MARA has Cash  and BTC
We finished the year with $103.7 million in cash on hand.
This freed up bitcoin that was previously held as collateral, increasing our unrestricted bitcoin holdings from 4,200 BTC as of November 30 to 7,815 BTC
Total bitcoin holdings increased to 12,232 BTC as of December 31, 2022
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