08:23 AM EDT, 05/06/2025 (MT Newswires) -- DMG Blockchain Solutions ( DMGGF ) overnight Monday reported its preliminary operational results for April, which included a decrease in Bitcoin (BTC) mined in the month.

The company said it mined 30 BTC in April, slightly down from 32 BTC in March due to increased network difficulty and one day shorter duration. DMG increased its realized hashrate to 1.93 EH/s, helped by deployment of additional Bitmain S21+ Hydro miners and now reaching its 2.1 EH/s target. It noted that this may be slightly trimmed on an ongoing operational basis, at least through the summer months, to best manage its fleet in a higher ambient temperature environment.

It also liquidated a portion of its Bitcoin holdings, reducing its treasury to 351 BTC in April compared with 458 BTC in March. Proceeds were used to fund the acquisition of 2 megawatts capacity of prefabricated AI data center infrastructure and to make the first material paydown on its Sygnum Bank loan.

Shares of the company closed down 4% to $0.24 on Monday on the TSX Venture Exchange.