DMG Blockchain Solutions signs $670K prefabricated data center contract

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Key Highlights

DMG Blockchain Solutions Inc. signed a $670K colocation contract for AI workloads at its Christina Lake site, marking its first contract for prefabricated data centers. The tenant has an option to add secure SCIF services. Preliminary May 2026 results show Bitcoin mining increased to 22 BTC from 21 BTC in April.

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DMG Blockchain Solutions Inc. has secured its first colocation contract for its prefabricated data centers (PDCs) located at its Christina Lake, BC site, valued at approximately $670K. The contract spans slightly over two years, with the tenant expected to run AI compute workloads and an option to add secure Sensitive Compartmented Information Facility (SCIF) services for future projects. The company expects the PDCs to be ready for service later this calendar year.

Sheldon Bennett, DMG's CEO, stated that the company expects at least a portion of its customer base will value the SCIF-rating. He expressed hope to expand the amount of SCIF-rated data center capacity offered for secure sovereign AI compute applications.

Preliminary Operational Results for May 2026

DMG released preliminary operational data for May 2026, showing an increase in Bitcoin production compared to the previous month.

Metric May 2026 April 2026
Bitcoin mined 22 BTC 21 BTC
Hashrate 1.52 EH/s 1.54 EH/s
Bitcoin balance 393 BTC 389 BTC

The company is a vertically integrated digital asset and data center technology company. Its operations are driven by two strategic pillars: Data Center Infrastructure (Core) and Digital Asset Software and Services (Core+). DMG is expanding its platform to include AI and sovereign compute solutions, supporting government, enterprise, and research organizations across Canada.

How will the introduction of AI workloads impact DMG's power consumption and operational costs compared to traditional crypto mining?

What is the potential market demand for SCIF-rated data centers among government and enterprise clients in Canada?

Could this colocation model diversify DMG's revenue streams enough to reduce reliance on cryptocurrency market volatility?

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