DMG Blockchain Solutions Reports Second Quarter 2026 Financial Results 

About this update from Dmg Blockchain Solutions, Inc.

DMG Blockchain Solutions Reports Second Quarter 2026 Financial Results  VANCOUVER, British Columbia, May 26, 2026 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG”), a vertically integrated digital asset and data center technology company, today announces its fiscal second quarter 2026 unaudited financial results. All financial references are in Canadian Dollars unless specified otherwise. Readers are encouraged to review the Company’s March 31, 2026 quarterly unaudited financial statements and management’s discussion and analysis thereof for an assessment of the Company’s performance and applicable risk factors, available at www.sedarplus.ca. Q2 2026 Financial Results Highlights Revenue: $7.3 million, down 35% from $11.2 million in Q1 2026 and down 42% from $12.6 million in Q2 2025Bitcoin Mined: 69 bitcoin, flat versus Q1 2026 and down 25% from 91 bitcoin in Q2 2025Hashrate: 1.70 EH/s, down 4% from Q1 2026 with fleet efficiency of 21.4 J/TH, a 3% improvementCash, Short-term Investments and Digital Assets: $47.4 million at the end of Q2 2026, down 19% from $58.6 million at the end of Q1 2026Total Assets: $109.9 million at the end of Q2 2026, down 10% from $122.0 million at the end of Q1 2026Net Income: -$3.5 million or -$0.02 per share DMG’s CEO, Sheldon Bennett, commented, “In Q2 2026, we continued to sharpen our focus on our two strategic pillars: our Core data center operations and our Core+ Digital Asset Financial Services. Much of our effort continues to be on how adeptly we can convert our Christina Lake, BC facility to an AI data center capable of providing at least 50 megawatts of critical IT load, and we are encouraged by what we see in the market. With respect to Systemic Trust, we continue to build out the platform to offer a broad range of services that we believe will provide the best chance of success. We remain committed to these strategic initiatives, which we anticipate will deliver the most value to our shareholders.” Second Quarter 2026 Financial Results Review Revenue for Q2 2026 was $7.3 million, compared to $12.6 million in Q2 2025. The decrease in revenue is attributable to a decrease in digital currency mining revenue of $4.9 million, which is primarily the result of a decrease in both the amount of digital currency ...

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