11:35 AM EDT, 09/05/2025 (MT Newswires) -- DMG Blockchain Solutions ( DMGGF ) said Friday it mined 23 bitcoin in August, down from 26 in July. The stock was last up 5.7%.

Hashrate averaged 1.53 EH/s in August, compared with 1.65 EH/s in July. The company said the decline reflected about four days of scheduled downtime due to substation maintenance.

At the end of August, DMG held 324 bitcoin.

"In addition to our bitcoin mining operations, which ran in line with expectations, August was an active time for our focus on our new business initiatives, particularly selling our artificial intelligence (AI) infrastructure to the Canadian defence sector," chief executive Sheldon Bennett said. "We have established relationships with the ministers' offices related to defence procurement in Canada and cemented execution partner relationships that will help enable us to rapidly deploy AI infrastructure at scale."

DMG shares are up $0.015, to $0.275, on the TSX Venture Exchange.

Price: 0.27, Change: +0.01, Percent Change: +1.92