DMG Blockchain (DMGI)
Company Information
Stock Chart
Business Model
Business Mode
Bitcoin Mining: Deploying mining machines in North American mines (mainly located in Labrador, Canada, and Texas, USA) to mine Bitcoin using clean energy (such as hydropower). As of July 2025, the company's computing power scale reaches 1.75 EH/s, accounting for 0.12% of the total computing power of the global Bitcoin network. Blockchain technology solutions: Developing and selling mining pool software (such as Terra Pool), digital asset custody platforms (Blocks Eer Breeze), blockchain data analysis tools (Wallet Score), etc., to provide institutional clients with compliant cryptocurrency asset custody and auditing services. Hash power leasing and hosting: Providing mining machine hosting services to third-party companies, charging a fixed fee, with this business accounting for 32% of revenue in 2024.
Profit Model
Bitcoin output revenue: Obtaining block rewards and transaction fees through mining. In January 2025, a total of 31 bitcoins were produced in one month, with a monthly revenue of approximately 2.87 million dollars based on the current market price. Technical service revenue: mining pool software licensing fees, custody service fees, and data analysis subscription fees. In 2024, technical service revenue is expected to grow by 45% year-on-year. Asset appreciation income: The market price fluctuations of Bitcoin directly affect asset value. When the price of Bitcoin exceeds $112,000 in 2025, its reserve value will have increased by over 60% compared to the beginning of the year.
Profit Model Impact
Advantages of vertical integration: Full chain control from mining machine deployment, power supply to technology development, allows the company to have mining costs 18% lower than the industry average, enhancing its ability to withstand market fluctuations. Compliance Benchmark: As the first digital asset custody service provider in Canada approved by the financial regulatory authority (Alberta Financial Services), its compliance model serves as a reference for traditional financial institutions entering the cryptocurrency space. Clean Energy Practice: Achieving carbon neutrality through hydropower mining, recognized by the International Energy Agency (IEA) in 2024 as one of the "Most Sustainable Mining Companies in North America," attracting ESG-focused institutional investors.
Impact on Cryptocurrencies
Bitcoin ( BTC ): As one of the top 50 Bitcoin-holding companies globally, its mining activities directly impact the security and block generation efficiency of the Bitcoin network. In the second quarter of 2025, the company's hash rate contribution reduced the Bitcoin network's block time by 0.3 seconds. Indirectly influence other cryptocurrencies: Through technological output (such as blockchain data analysis tools), promote the implementation of enterprise-level applications for mainstream cryptocurrencies like Ethereum (ETH), but have not yet directly participated in the mining of other cryptocurrencies.