09:02 AM EDT, 06/04/2025 (MT Newswires) -- DMG Blockchain Solutions ( DMGGF ) , which rose 5.5% on Tuesday, reported an increase in bitcoin (BTC) mined for the month of May.

The company, overnight Tuesday, said it mined 31 BTC compared with 30 BTC in Apr. on a hashrate of 1.89 EH/s, about flat compared to the prior month's reported 1.93 EH/s, even as it incurred seasonal headwinds and infrastructure-related challenges.

Bitcoin balance was 350 BTC compared with 351 BTC in the prior month.

"While we strive to remain competitive in Bitcoin mining to ensure sustained cash generation, we continue to be encouraged by our progress to secure colocation and off-take agreements for artificial intelligence infrastructure as well as new clients for our Systemic Trust digital asset custody subsidiary," said DMG Chief Executive Sheldon Bennett.