DMG Blockchain Solutions stock falls 3.57 percent as AI plans develop
Published on 09/25/2026 at 11:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
DMG Blockchain Solutions stock fell 3.57 percent to CAD 0.54 on the TSX Venture Exchange on September 24, 2026. The move came as the company continued developing a planned AI data center conversion at Christina Lake, British Columbia, while fiscal Q3 results showed sharply lower revenue.
AI project targets 50 megawatts
According to GlobeNewswire on September 14, 2026, DMG was working toward a definitive agreement based on a letter of intent for 50 megawatts of critical IT load for AI colocation services. The company said the execution phase was progressing, but the agreement still required completion.
The Christina Lake site has 75 megawatts of total power confirmed, consisting of 60 megawatts of non-firm power and 15 megawatts of firm power. DMG said it was realistically targeting a 2027 energization schedule for tenant servers, shifting the commercial timeline beyond its earlier goal of operating servers by the end of 2026.
Revenue fell 45 percent
DMG reported fiscal Q3 2026 revenue of CAD 6.4 million for the three months ended June 30, 2026, down 13 percent from CAD 7.3 million in Q2 2026 and down 45 percent from CAD 11.6 million in Q3 2025, according to GlobeNewswire.
The comparison highlights the financial challenge behind the AI transition. Bitcoin received from mining fell to 61.9 bitcoin from 68.8 bitcoin in the previous quarter and 84.3 bitcoin a year earlier, while the quarterly net loss widened to CAD 3.9 million from CAD 0.4 million in Q3 2025.
Stock remains below yearly high
DMG Blockchain Solutions had a market capitalization of CAD 111,726,808 as of September 24, 2026. Its 52-week range was CAD 0.21 to CAD 0.73, placing the latest price CAD 0.19 below the yearly high and CAD 0.33 above the yearly low.
The market is therefore weighing a sizeable AI infrastructure plan against weaker mining revenue and a later operating timetable. For investors, the 50-megawatt agreement and the path to 2027 energization are the concrete milestones that connect the strategic pivot with future operating capacity.
DMG Blockchain Solutions at a glance
- Company: DMG Blockchain Solutions Inc.
- Ticker: DMGI
- Trading venue: TSX Venture Exchange
- Price as of September 24, 2026: CAD 0.54
- Market capitalization: CAD 111,726,808 as of September 24, 2026
- 52-week range: CAD 0.21-0.73
- Sector / Industry: Financial Services / Financial - Capital Markets
- Index membership: S&P/TSX Venture Composite Index
