logo
DMG Blockchain Solutions Announces Exploration of Digital Asset Treasury Strategy

DMG Blockchain Solutions Announces Exploration of Digital Asset Treasury Strategy

Globe and Mail2 days ago
VANCOUVER, British Columbia, July 22, 2025 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FRANKFURT: 6AX) ("DMG" or the "Company"), a vertically integrated blockchain and data center technology company, today announces that it has engaged a consultant to assess and help implement institutional-grade treasury management within the regulated custody platform operated by its wholly owned subsidiary, Systemic Trust Company ("STC"). This platform would serve both DMG and STC's clients by offering custody services. DMG is also assessing additional capabilities intended to further enhance treasury value.
Digital asset treasuries have recently gained prominence for their ability to generate net asset value (NAV) premiums through active management, in contrast to exchange-traded funds (ETFs), which typically trade in line with the value of their underlying assets. DMG's digital asset portfolio is currently composed solely of bitcoin, although the Company is considering the inclusion of other digital assets. To support the platform, DMG may utilize its existing bitcoin, add its proceeds from Bitcoin mining and/or raise capital to expand its treasury. As of the date of this press release, DMG is ranked #54 among Top Public Bitcoin Treasury Companies on BitcoinTreasuries.net.
DMG's CEO, Sheldon Bennett, commented, 'Investors are moving beyond ETFs and HODLing. They want strategies that actively build digital asset value. At DMG, we control the entire stack – secure computing infrastructure, Bitcoin mining operations and our regulated custody platform. This integration delivers a solution that few can match. By leveraging our end-to-end platform, we can facilitate the creation and expansion of digital asset portfolios for ourselves and our clients.'
About Systemic Trust Company Ltd.
Systemic Trust is fully regulated under the Alberta Loans and Trust Corporations Act, ensuring client digital assets are managed with the highest standards of compliance and security. Systemic Trust combines regulatory compliance, cutting-edge technology and robust insurance coverage to deliver the ultimate digital asset custody experience.
About DMG Blockchain Solutions Inc.
DMG is a publicly traded and vertically integrated blockchain and data center technology company that manages, operates and develops end-to-end digital solutions to monetize the digital asset and artificial intelligence compute ecosystems. Systemic Trust Company, a wholly owned subsidiary of DMG, is an integral component of DMG's carbon-neutral Bitcoin ecosystem, which enables financial institutions to move Bitcoin in a sustainable and regulatory-compliant manner.
For additional information about DMG Blockchain Solutions and its initiatives, please visit www.dmgblockchain.com. Follow @dmgblockchain on X, LinkedIn and Facebook, and subscribe to the DMG YouTube channel to stay updated with the latest developments and insights.
For further information, please contact:
On behalf of the Board of Directors,
Sheldon Bennett, CEO & Director
Tel: +1 (778) 300-5406
Email: investors@dmgblockchain.com
Web: www.dmgblockchain.com
For Investor Relations:
investors@dmgblockchain.com
For Media Inquiries:
Chantelle Borrelli
Head of Communications
chantelle@dmgblockchain.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-Looking Information
This news release contains forward-looking information or statements based on current expectations. Forward-looking statements contained in this news release include statements regarding DMG's strategies and plans, assessing and implementing institutional-grade treasury management features within the regulated custody platform operated by its wholly owned subsidiary, Systemic Trust Company, the consideration of the inclusion of other digital assets in treasury management, securing new clients for the Systemic Trust digital asset custody subsidiary, the opportunity and plans to monetize bitcoin transactions and provide additional products and services to customers and users, the continued investment in Bitcoin network software infrastructure and applications, the expected allocation of capital, developing and executing on the Company's products and services, increasing self-mining, increasing hashrate, efforts to improve the operation of its mining fleet, the launch of products and services, events, courses of action, and the potential of the Company's technology and operations, among others, are all forward-looking information.
Future changes in the Bitcoin network-wide mining difficulty rate or Bitcoin hashrate may materially affect the future performance of DMG's production of bitcoin, and future operating results could also be materially affected by the price of bitcoin and an increase in hashrate mining difficulty.
Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, market and other conditions, volatility in the trading price of the common shares of the Company, business, economic and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company's financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; access to equipment; market conditions and the demand and pricing for products; the demand and pricing of bitcoin; the demand and pricing of AI data centers and usage; security threats, including a loss/theft of DMG's bitcoin; DMG's relationships with its customers, distributors and business partners; the inability to add more power to DMG's facilities; DMG's ability to successfully define, design and release new products in a timely manner that meet customers' needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel. DMG may not actually achieve its plans, projections, or expectations. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, the ability to successfully develop software, that there will be no regulation or law that will prevent the Company from operating its business, anticipated costs, the ability to secure sufficient capital to complete its business plans, the ability to achieve goals and the price of bitcoin. Given these risks, uncertainties, and assumptions, you should not place undue reliance on these forward-looking statements. The securities of DMG are considered highly speculative due to the nature of DMG's business. For further information concerning these and other risks and uncertainties, refer to the Company's filings on www.sedarplus.ca. In addition, DMG's past financial performance may not be a reliable indicator of future performance.
Factors that could cause actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, equipment and/or infrastructure failures, lack of supply of equipment, power and infrastructure, failure to obtain any permits required to operate the business, the impact of technology changes on the industry, the impact of viruses and diseases on the Company's ability to operate, secure equipment, and hire personnel, competition, security threats including stolen bitcoin from DMG or its customers, consumer sentiment towards DMG's products, services and blockchain and AI technology generally, failure to develop new and innovative products, litigation, adverse weather or climate events, increase in operating costs, increase in equipment and labor costs, equipment failures, decrease in the price of Bitcoin, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of or statements made by third parties in respect of the matters discussed above.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Why celebrating Pride and 2SLGBTQIA+ lives is more important than ever
Why celebrating Pride and 2SLGBTQIA+ lives is more important than ever

CBC

time10 minutes ago

  • CBC

Why celebrating Pride and 2SLGBTQIA+ lives is more important than ever

The 2025 Vancouver Pride Parade returns on Aug. 3, but this year the procession is making do with about half of its corporate sponsors, leaving events smaller than usual. To reflect on those changes and the impact of Pride festivities over the years, the CBC spoke with Michael Robach, the director of development at Qmunity, a Vancouver-based non-profit that works to improve the lives of queer, trans, and two-spirit people.

LeBlanc ‘encouraged' after latest U.S. talks as Trump tariff deadline looms
LeBlanc ‘encouraged' after latest U.S. talks as Trump tariff deadline looms

Global News

time5 hours ago

  • Global News

LeBlanc ‘encouraged' after latest U.S. talks as Trump tariff deadline looms

Canada-U.S. Trade Minister Dominic LeBlanc said Thursday he's feeling 'encouraged' after meeting with U.S. Commerce Secretary Howard Lutnick and American lawmakers in Washington ahead of next week's tariff deadline. But LeBlanc also suggested that a new economic and security arrangement with the United States may not materialize in time for U.S. President Donald Trump's latest deadline of Aug. 1. 'Canadians expect us to take the time necessary to get the best deal we can in the interest of Canadian workers,' LeBlanc said outside the Dirksen Senate Office Building in Washington. 'So we are only going to be in a position to accept a deal when the prime minister decides that it is the best deal we can get in the interest of Canadian workers and the Canadian economy.' Trump has sent letters to multiple nations, including Canada, saying that if no deal is made by Aug. 1, he will impose high tariffs on imports to the United States. Story continues below advertisement While Trump's letter to Prime Minister Mark Carney threatened Canada with 35 per cent tariffs, the White House has said the levies will not be applied to imports that comply with the Canada-U.S-Mexico Agreement on trade. Canada is also being hit with Trump's tariffs on steel, aluminum and automobiles, and will be affected by copper duties that are also expected to kick in on Aug. 1. 5:23 WA state senator says Trump doesn't understand effects of trade war The Trump administration has announced only a handful of trade deal frameworks with other nations since the president first threatened his so-called 'Liberation Day' tariffs in April. Trump this week said his administration made deals with Japan and the Philippines, adding to previous agreements with Indonesia, Vietnam and the United Kingdom. Get daily National news Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day. Sign up for daily National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy While many details of the frameworks remain vague, all of them include some level of tariff – and it's not clear whether they would shield countries from Trump's plan to impose further sectoral duties on things like semiconductors and lumber. Story continues below advertisement LeBlanc said 'complex negotiations' are continuing between Canada and the United States and he will be returning to Washington next week. He described his meeting with Lutnick as productive and cordial. LeBlanc, who was joined in the meetings by Canadian Ambassador to the U.S. Kirsten Hillman, also had face time with Republican senators Kevin Cramer, Roger Marshall, Shelley Moore Capito, Todd Young and Tim Scott. LeBlanc said they discussed border security and defence issues and the American lawmakers shared a 'desire to see more stability and predictability in the relationship with the United States.' 'My conversations have focused on how we share so many priorities of President Trump's administration that we should be able to figure out together a deal that's in the best interest of Canadian workers, and obviously they are going to do their side of the table in terms of the American economy and American workers,' he said. 1:55 'Only the best deal for Canada': Carney on negotiating tariffs, trade with Trump Federal officials have remained tight-lipped about what Trump's team has said it wants from Canada. Story continues below advertisement After this week's trade deal frameworks were announced, Trump boasted on social media that he would only consider lowering tariff rates if countries open their markets to the United States. The president also said Japan would invest $550 billion in the U.S. at his 'direction.' Trump said Thursday that Japan 'bought it down basically,' referring to the lower tariff rate. 'I would let other countries buy it down,' he said. 2:05 'Largest trade deal in history': Trump finalizes US trade pact with Japan, cuts tariffs to 15% When Trump first threatened Canada with tariffs, he claimed it was due to the cross-border flow of deadly fentanyl. Ottawa responded with a boosted border plan and named a 'fentanyl czar.' Ottawa walked back its digital services tax last month after Trump threatened to halt all trade talks. Carney last week announced measures to stop China from dumping steel in Canada. Story continues below advertisement Hillman said those efforts help Canada in its ongoing negotiations. 'In our discussion with the American senators this week, the American administration, the measures that Canada has taken on steel in particular… are some of the strongest in the world,' she said. 'And that has been recognized and very much appreciated. So we are making some positive progress.' Alaska Sen. Lisa Murkowski joined a bipartisan group of American lawmakers in Ottawa last week. The Republican said Thursday that 'we would all like to get to a better place with our trade relationship with Canada' but suggested it's not likely to happen before Aug. 1. Canada cannot be treated 'as yet one more country that we need to reconcile tariffs on' because of shared economic and national security issues, she said. 'I wish that I could say, 'It feels good,' that this is all going to be taken care of before the first of August, but I'm not sensing that,' she said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store