DMG Blockchain Begins Data Center Rollout at Christina Lake Facility

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What to know:

DMG Blockchain received 2 MW of SCIF-rated prefabricated data center units at its Christina Lake facility in British Columbia.

The company is positioning the deployment as part of a broader push into sovereign, high-security compute infrastructure.

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DMG reported March mining results of 23 BTC and said it held 398 BTC at month end.

DMG Blockchain Solutions (TSXV: $DMGI) said earlier this week it received 2 megawatts of data center units at its Christina Lake facility in British Columbia, marking the first step in its efforts to establish secure computing infrastructure in Canada.

The company says the deployment is part of a broader strategy to develop sovereign, high-security compute capacity capable of supporting government, defense, and enterprise workloads that require protected environments, as well as blockchain network operations such as bitcoin (CRYPTO: $BTC) mining and transaction processing.

SCIF-rated facilities are designed with multiple layers of physical and digital security, including controlled access and protections intended to prevent unauthorized data exposure, making them suitable for sensitive workloads and regulated environments.

DMG said it also plans to expand its data center footprint through partnerships with Indigenous communities, including ongoing collaboration with the Malahat Nation in British Columbia.

The company is targeting more than 50 megawatts of artificial intelligence compute capacity at Christina Lake.

Chief Executive Sheldon Bennett said the deployment represents the company’s first SCIF-rated prefabricated data center installation in Canada and aligns with its goal of building secure, domestically controlled compute infrastructure.

Separately, DMG reported preliminary March operational results, saying it mined 23 bitcoin during the month, unchanged from February. Its hashrate stood at 1.63 exahashes per second, down from 1.78 EH/s in the prior month.

The company held 398 bitcoin at the end of March, compared with 410 bitcoin in February, reflecting sales used to fund operations and capital expenditures. DMG also announced grants of stock options and restricted stock units to employees and directors as part of its compensation structure.

DMG Blockchain shares are trading at 24 cents on the Toronto Venture Exchange.