DMGGF - DMG Blockchain Doubles Quarterly Revenue With New Crypto Miners

DMG Blockchain Solutions (TSX-V:DMGI)(OTCQB:DMGGF) released preliminary revenue guidance for its fourth-quarter ending September 30, 2021. According to the company’s press release, DMG expects cumulative revenue for Q4 2021 to be in the range of $3.5 – 4 million. This is in stark contrast to the $1.7 million reported in Q3 2021, reflecting a 50-55% increase quarter over quarter. This increase was driven by the acquisition of new crypto miners in late Q4.

DMG is a vertically integrated blockchain and cryptocurrency company that leverages end-to-end digital solutions to monetize the blockchain ecosystem. The company prides itself on ...