In September 2025, DMG’s hashrate was 1.65 EH/s, compared to 1.53 EH/s in August, which is back in line with July results as the Company operated the full month. The Company’s hydro miners encountered downtime due to recurring contamination issues, as our operations team adjusted its water-glycol mix to support the upcoming winter months, and hence the hydro equipment did not operate consistently at its rated 0.4 EH/s.

At the end of September, DMG held 342 BTC, as it utilized its debt facility to limit its bitcoin liquidations to rebuild its bitcoin balance. Regarding implementation of a formal treasury policy, in the near term, DMG is deferring any changes to its current policy, based on which it considers bitcoin as part of its working capital, as the Company is pursuing the potential acquisition of additional capital assets to enable its artificial intelligence (AI) infrastructure build-outs in a non-dilutive manner. Even as the Company’s share price has materially increased in the past month, management believes that an equity raise at current levels would not be in the best interest of shareholders.

Sheldon Bennett, DMG’s CEO, commented, “We remain optimistic about our opportunities in AI and digital asset financial services, areas for which we are focused on building as the pillars of Company growth going forward. For AI, we continue to focus on both Canadian government and military sector opportunities as well the enterprise market. Additionally, with respect to our relationship with the Malahat First Nation, we are working towards definitive agreements that support both AI and the power generation to energize that AI. Finally, we are encouraged by the longer-term opportunity for our digital asset custody business, for which we expect it to ramp up revenue in the coming calendar year.”