DMGI, CA23345B2003

DMG Blockchain Solutions stock fell 1.89 percent as AI plans shift

Published on 10/04/2026 at 17:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

DMG Blockchain Solutions stock stood at CAD 0.52 on October 2, 2026, after the AI conversion timeline moved to 2027. Q3 revenue fell 45 percent to CAD 6.4 million.

DMGI, CA23345B2003, Illustration mit AI erstellt.

DMG Blockchain Solutions (ISIN CA23345B2003) was last at CAD 0.52 on the TSX Venture Exchange on October 2, 2026 at 3:41 p.m. ET, down 1.89 percent from the prior close. The company is shifting its Christina Lake facility toward AI colocation, but tenant server energization is now targeted for 2027, according to MarketScreener on September 14, 2026.

AI conversion moves to 2027

DMG has contracted 75 megawatts of total power at Christina Lake, including 60 megawatts of non-firm power and 15 megawatts of firm power, while pursuing a definitive agreement for 50 megawatts of AI colocation load. StockTitan reported on September 14, 2026 that financing, permitting and counterparties remain conditions for the conversion.

The schedule matters because the project was previously aimed at operating tenant servers by the end of 2026. The revised 2027 target gives the AI strategy a clear milestone, while the proposed colocation agreement remains the central commercial step.

Revenue falls as mining output weakens

Fiscal Q3 2026 revenue fell 45 percent year over year to CAD 6.4 million, and net loss widened to CAD 3.9 million, according to The Globe and Mail in its August 27, 2026 report. The quarter therefore combined a 45 percent revenue decline with a CAD 3.9 million loss.

Mining output also weakened: DMG received 61.9 bitcoin in Q3 2026, down 27 percent from the year-earlier quarter, while hashrate declined 14 percent sequentially to 1.47 exahashes per second. The operating shift is intended to reduce dependence on crypto-linked revenue, but the reported figures show that the AI transition is occurring while the legacy business is under pressure.

Consensus stays at Hold

MarketScreener lists a Hold consensus for DMG Blockchain Solutions from 1 analyst, with an average target price of CAD 0.55. The target sits above the October 2 price, but the one-analyst sample leaves the consensus narrow rather than broad-based.

Market attention is therefore tied to execution rather than only to the headline power figure. DMG has to progress from a letter of intent to a definitive tenant agreement, complete permitting and arrange financing before the proposed AI capacity can become operating revenue.

Stock sits below yearly high

DMG Blockchain Solutions stock was last at CAD 0.52 on October 2, 2026, with a 52-week range of CAD 0.21 to CAD 0.73, market capitalization of CAD 107.6 million and volume of 80,930 shares. The price is 28.77 percent below the 52-week high, leaving the AI conversion timeline and Q3 revenue trend as the key measurable checkpoints.