09:54 AM EDT, 04/24/2024 (MT Newswires) -- DMG Blockchain Solutions ( DMGGF ) , a blockchain and data center company that saw its shares gain near 6% yesterday, was down 3.6% early on Wednesday despite announcing a strategic collaboration with PayPal and Energy Web to search for ways to decarbonize the Bitcoin blockchain.

The companies are working to develop methods for transacting on the Bitcoin network which would expand its use as a carbon neutral payment rail, thus advancing its application, DMG said in a statement

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