DMG Blockchain Solutions Reports Third Quarter 2026 Financial Results

VANCOUVER, British Columbia, Aug. 27, 2026 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG”), a vertically integrated data center and digital assets technology company, today announces its fiscal third quarter 2026 unaudited financial results. All financial references are in Canadian Dollars unless specified otherwise. Readers are encouraged to review the Company’s June 30, 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.

Q3 2026 Financial Results Highlights * Revenue: $6.4 million, down 13% from $7.3 million in Q2 2026 and down 45% from $11.6 million in Q3 2025 * Bitcoin Received from Mining: 61.9 bitcoin, down 10% from 68.8 bitcoin in Q2 2026 and down 27% from 84.3 bitcoin in Q3 2025 * Hashrate: 1.47 EH/s, down 14% from Q2 2026 with fleet efficiency of 21.9 J/TH, a 3% decline * Cash, Short-term Investments and Digital Assets: $41.6 million at the end of Q3 2026, down 12% from $47.4 million at the end of Q2 2026 * Total Assets: $102.3 million at the end of Q3 2026, down 7% from $109.9 million at the end of Q2 2026 * Net Loss : -$3.9 million or -$0.02 per share DMG’s CEO, Sheldon Bennett, commented, “In Q3 2026, we focused on realizing our vision to transition our flagship Christina Lake facility to operate as an AI data center. Regarding our previously announced letter of intent to offer 50 megawatts of AI data center colocation services at our Christina Lake facility to a single tenant, we are actively working towards a definitive agreement. In parallel, we are moving forward with key project execution steps, including selecting our contractors and engineering design partners, strengthening our vendor relationships, applying for the necessary permits, exploring multiple financing options and addressing concerns from the local community. We remain committed to project success and enabling our off-take client to begin operating its servers in a timely manner.”