DMG Blockchain Launches AI/HPC Infrastructure Subsidiary, Holds 389 BTC

GateNews
BTC0.71%

According to Odaily Daily, bitcoin miner DMG Blockchain announced the establishment of subsidiary DMG Infrastructure in April to operate artificial intelligence and high-performance computing (AI/HPC) infrastructure, with plans to transition its data centers toward AI/HPC operations. In April, the company mined 21 BTC and held 389 BTC as of month-end, with hashrate at 1.54 EH/s.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Faces Correction Pressure as U.S. April CPI Data Due May 12, Cleveland Fed Forecasts 3.56% Increase

According to Cointelegraph, Bitcoin may face increased correction pressure ahead of the U.S. April CPI data release on May 12. The Cleveland Federal Reserve forecasts the year-over-year CPI increase at 3.56%, up from 3.3% in March, potentially reinforcing market expectations that the Federal Reserve

GateNews28m ago

Retail Bitcoin Holders Accumulate 23,074 BTC in 30 Days; Whales Add 140,699 BTC Near $66K

According to BlockBeats, on May 10, addresses holding less than 1 BTC increased their balances by 23,074 BTC over the past 30 days, with notable accumulation occurring near $66,000, $70,000, and $80,000, according to analyst Murphy. Meanwhile, whales holding more than 10,000 BTC added 140,699 BTC ne

GateNews43m ago

Strategy Bitcoin Sale Prediction Surges to 90% on Polymarket, Up from 12% in 5 Days

According to BlockBeats, Polymarket prediction for Strategy to sell any Bitcoin by year-end surged to 90% on May 10, up sharply from 12% on May 5. The prediction also shows 49% probability of a sale by May 31 and 75% by June 30. This follows Strategy founder Michael Saylor's first public break from

GateNews1h ago

Bitcoin Holders Realize 14,600 BTC in Daily Profits on May 4, Highest Since December

According to CryptoQuant, Bitcoin holders realized 14,600 BTC in daily profits on May 4, the highest level since December 10, 2025, amid a recent price rally that has driven BTC up over 20% since the start of April. The Short-Term Holder Spent Output Profit Ratio (STH-SOPR) rose to 1.016 and has

GateNews2h ago

U.S. Spot Bitcoin ETFs Record Six Consecutive Weeks of Net Inflows Totaling $3.4B, Longest Streak Since August 2025

According to Cointelegraph, U.S. spot Bitcoin ETFs recorded six consecutive weeks of net inflows totaling $3.4 billion from early April through this week, marking the longest consecutive streak since August 2025. Inflows peaked at $996 million during the week of April 17, with the most recent week s

GateNews2h ago

Bitdeer Sells 193.8 BTC This Week, Maintains Zero Bitcoin Holdings

According to ChainCatcher, Bitdeer mined 193.8 BTC this week through May 8 but sold the same amount, maintaining zero bitcoin holdings. The Nasdaq-listed bitcoin mining company disclosed the data on X.

GateNews2h ago
Comment
0/400
No comments