Mr. Sheldon Bennett reports

DMG BLOCKCHAIN SOLUTIONS ANNOUNCES PRELIMINARY MARCH OPERATIONAL RESULTS

DMG Blockchain Solutions Inc. has released its preliminary operational results for March, 2025.

• Bitcoin mined: 32 bitcoin (versus 27 BTC in February, 2025);
• Hashrate: 1.82 EH/s (exahashes per second) (versus 1.71 EH/s in February, 2025);
• Bitcoin Holdings: 458 BTC (versus 443 BTC in February, 2025);
• Days non-firm power curtailed: zero (versus three in February, 2025).

DMG's expected growth to 2.1 EH/s has experienced a slight delay. Currently, the company operates two megawatts of S21 Hydro and S21+ Hydro miners, achieving a total fleet hashrate of nearly 1.9 EH/s. The next two megawatts are expected to be deployed by mid-April, following a minor delay in S21+ Hydro miner shipments, with the remaining two-megawatt capacity scheduled for deployment by the end of April to accommodate the replacement of defective mining infrastructure components.

DMG's chief executive officer, Sheldon Bennett, commented: "Despite a several-week delay relative to our prior guidance in achieving our 2.1 EH/s hashrate goal, we are pleased with the performance of our hydro mining equipment and expect to complete this phase of expansion shortly. While we continue optimizing the growth and efficiency of our bitcoin mining fleet, our primary focus remains on securing high-value AI offtake agreements and attracting new clients for Systemic Trust and Terra Pool to advance our carbon neutral bitcoin ecosystem. We believe these investments will maximize long-term shareholder value as we execute our strategy."

Grant of stock options and RSUs (restricted share units)

DMG announces the granting of stock options and RSUs to employees and directors of the company. A total of 428,170 stock options and 1.05 million restricted stock units (RSUs) have been granted. The options are exercisable over five years at a price of 24 cents per share, with vesting in 25 per cent increments on the six-, 12-, 18- and 24-month anniversaries of the grant date. The RSUs vest in one year; these grants are designed to create an incentive structure that aligns longer-term performance with the company's growth.

About DMG Blockchain Solutions Inc.

DMG is a publicly traded and vertically integrated blockchain and data centre technology company that manages, operates and develops end-to-end digital solutions to monetize the digital asset and artificial intelligence compute ecosystems. Systemic Trust Company, a wholly owned subsidiary of DMG, is an integral component of DMG's carbon-neutral bitcoin ecosystem, which enables financial institutions to move bitcoin in a sustainable and regulatory-compliant manner.

We seek Safe Harbor.