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DMG Blockchain Solutions Inc.

Appearance date: May 22, 2025

You can find the complete copy of the earnings call in the complete earnings call.

  • DMG Blockchain Solutions INC (DMGGF) expands into AI and focuses on partnerships and customer acquisition, especially among public sector companies in Canada.

  • The company has developed a comprehensive product suite, including helmet, reactor and explorer to support its carbonutral Bitcoin ecosystem.

  • DMG Blockchain Solutions Inc.

  • The company is actively working to secure long-term state contracts for the AI ​​infrastructure that could offer considerable sources of income.

  • At the end of the quarter, DMG Blockchain Solutions Inc (DMGGF) has a strong cash position with $ 62 million in cash, short-term investments and digital currencies.

  • The company recorded a decline in its cash, short-term investments and the Bitcoin balance by 3% in succession.

  • The operating and maintenance costs rose by 14%due to higher seasonal energy rats and increased Hash rates.

  • DMG Blockchain Solutions Inc (DMGGF) recorded a net loss of $ 0.02 per share in March.

  • The company faces challenges in securing AI agreements due to the lengthy government procurement process.

  • There is uncertainty about the company's ability to secure the non -dilutive financing for its planned expansion to 3 exahash.

Q: How long does it take to secure AI agreements, especially with the bureaucracy of the government bureaucracy? A: Sheldon Bennett, CEO: It can take a long time with the government, but we will remain optimistic in the coming months. The Canadian government has a feeling of urgency to achieve AI self-sufficiency and we actively work with various agencies. We strive for long -term agreements that have a bonus and not at short notice that do not cover high capital costs.

Q: Why didn't you use external financing to finance AI devices? A: Sheldon Bennett, CEO: debt instruments require a source of income to support them. The 2 megawatts of the AI ​​infrastructure that we bought do not create an immediate cash flow, so it was not possible to secure financing. We used our own means to start our AI initiatives.

Q: How is DMG compared to other mining stocks such as Hive and Marra and which strategies could lead to all -time highs? A: Steven Elescu, COO: On the basis of EV to Hash rates, we were estimated less than larger colleagues, but we focus on translating our investments in software, services and AI into meaningful results. This could be a catalyst for stock growth. We continue to generate cash from Bitcoin mining, which supports our short-term needs.

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