Mr. Sheldon Bennett reports

DMG BLOCKCHAIN SOLUTIONS ANNOUNCES JANUARY MINING RESULTS

DMG Blockchain Solutions Inc. has released January, 2024, preliminary mining results. DMG Blockchain mined 53.5 bitcoin with 0.89-exahash-per-second realized hash rate. DMG Blockchain's bitcoin balance as of Jan. 31, 2024, was 468 bitcoin. As previously reported, DMG Blockchain had a 3.5-day substation outage, which negatively impacted January mining results. Notwithstanding this outage, the company is working to operate its fleet closer to its nameplate hash rate of 1.2 EH/s.

About DMG Blockchain Solutions Inc.

DMG Blockchain is an environmentally friendly vertically integrated blockchain and cryptocurrency company that manages, operates and develops end-to-end digital solutions to monetize the blockchain ecosystem. DMG Blockchain's sustainable businesses are segmented into two business lines under the Core and Core+ strategies and unified through DMG Blockchain's vertical integration.

Future changes in the bitcoin network-wide mining difficulty rate or bitcoin hash rate may materially affect the future performance of DMG Blockchain's production of bitcoin, and future operating results could also be materially affected by the price of bitcoin and an increase in hash rate mining difficulty.

We seek Safe Harbor.