DMG Blockchain Solutions has published its preliminary operational results for April 2026, alongside the creation of a new subsidiary, DMG Infrastructure, to manage its planned transition toward AI and high-performance computing (HPC) workloads at its Christina Lake data center.
April operational results
DMG mined 21 Bitcoin in April, down from 23 BTC in March. The company's hashrate stood at 1.54 EH/s, compared to 1.63 EH/s the previous month. DMG's Bitcoin balance decreased to 389 BTC from 398 BTC at the end of March, as the company liquidated some of its holdings to fund operations and capital expenditures.
Energy costs
DMG's Christina Lake facility benefits from access to wholesale power markets in the Mid-Columbian Basin. Over the past few months, the delivered power price at DMG's substation has generally ranged between 3.5 and 5.0 Canadian cents per kilowatt-hour. CEO Sheldon Bennett noted that the company worked with its utility and regulator to gain access to a rate class that mimics wholesale power pricing, which has been favorable during periods of lower Bitcoin prices.
New subsidiary for AI/HPC
DMG has formed a new legal entity, DMG Infrastructure (www.dmginfrastructure.com), to operate its future AI and HPC business. The company plans to transition its Christina Lake data center toward AI/HPC workloads over time, and the subsidiary will manage that effort. DMG is targeting government, enterprise, and research organizations in Canada for its sovereign compute solutions.
Bottom line
DMG's April results show a slight decline in both Bitcoin production and hashrate, while the company continues to benefit from low power costs. The formation of DMG Infrastructure signals a strategic shift toward diversifying revenue beyond Bitcoin mining into AI and HPC services, though the timeline and scale of that transition remain unspecified.