DMG

DMG is a cryptocurrency-based platform that provides blockchain ecosystem monetizing solutions for businesses. Read more

Daniel Reitzik's photo - Co-Founder & CEO of DMG

Co-Founder & CEO

Daniel Reitzik

CEO Approval Rating

100/100

Founded:

2016

Status:

PublicIndependent CompanyTMX Group - Toronto Stock ExchangeDMGI

DMG TOP COMPETITORS OR ALTERNATIVES

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BitFive is DMG's #1 rival. BitFive is a Private company that was founded in Miami, Florida in 2015. Like DMG, BitFive also works within the Blockchain field. BitFive has 14 more employees vs. DMG.

HashChain is perceived as one of DMG's biggest rivals. HashChain was founded in 2017, and is headquartered in White Rock, British Columbia. Like DMG, HashChain also operates in the Internet Software sector. HashChain generates $2.5M more revenue vs. DMG.

Hive Blockchain is a top competitor of DMG. Hive Blockchain is a Public company that was founded in 1987 in Vancouver, British Columbia. Like DMG, Hive Blockchain also operates in the Internet Software space. Compared to DMG, Hive Blockchain has 2 fewer employees.

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DMG Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$5.2M

DMG's revenue is the ranked 5th among it's top 10 competitors. The top 10 competitors average 29.8M. Over the last three quarters, DMG's revenue has grown by 51.3%. Specifically, in Q4 2020's revenue was $1.5M; in Q3 2020, it was $1.6M; in Q2 2020, it was $ < 1M.

DMG Acquisitions

No recent acquisitions found related to DMG

DMG Funding History

Since DMG was founded in 2016, it has participated in 8 rounds of funding. In total DMG has raised $79.4M. DMG's last funding round was on Mar 2021 for a total of $55.3M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Private Placement
Mar 2021
$55.3M
-
Private Placement
Dec 2020
$1M
-
Equity
Feb 2018
$173.8K
-
Equity
Feb 2018
$547.5K
-
Private Placement
Dec 2017
$22.2M

Since DMG was founded in 2016, it has participated in 8 rounds of funding. In total DMG has raised $79.4M. DMG's last funding round was on Mar 2021 for a total of $55.3M

DMG Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Brane is a provider of finance, cryptocurrency, security, proof of stake and regulatory compliance solutions to businesses.
$3M
Jun 08, 2021
Corporate Round
-

DMG News

May 12, 2021Benzinga

DMG Blockchain Solutions Inc. to Present at the Benzinga Global Small Cap Conference and Participate in Cryptocurrency Panel Discussion on May 14, 2021

VANCOUVER, British Columbia, May 12, 2021 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSXV:DMG... See more »
May 11, 2021MarketScreener

DMG Provides Core+ Strategy Update on Blockseer Pool Platform Now Running Over 1 Exahash of Bitcoin Mining

(marketscreener.com) VANCOUVER, British Columbia, May 11, 2021 -- DMG Blockchain Solutions Inc. , a v... See more »
April 29, 2021Markets Insider

DMG Blockchain Solutions Announces CDN$28.1 Million Private Placement Offering with Institutional Investors

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVAN... See more »
April 26, 2021Picante Today

DMG Blockchain Solutions Purchases 1,800 Additional ASIC Miners and will Participate in H.C. Wainwright & Co. Cryptocurrency Mining Panel

VANCOUVER, British Columbia, April 26, 2021 (GLOBE NEWSWIRE) - DMG Blockchain Solutions Inc. (TSX-V: ... See more »
April 15, 2021Markets Insider

DMG Blockchain Solutions to Hold Conference Call Thursday, April 22, 2021 at 4:30 pm ET

VANCOUVER, British Columbia, April 15, 2021 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V:... See more »
March 31, 2021Equity Guru

DMG Blockchain (DMGI.V) Signs Software Deal with Marathon (MARA.Q)

DMG Blockchain Solutions (DMGI.V) has entered into a license agreement with Marathon Digital Holdings... See more »

DMG Press Releases

May 4, 2021centralcharts

DMG Blockchain Solutions Announces Closing of CDN$28.1 Million Private Placement Offering with Institutional Investors

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VA... See more »
April 19, 2021StreetInsider

DMG Blockchain Solutions Purchases 3,600 Additional ASIC Miners

VANCOUVER, British Columbia, April 19, 2021 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V:... See more »
February 16, 2021GlobalNewswire

DMG Provides Update on Crypto-Mining Facility's Upgrades

VANCOUVER, British Columbia, Feb. 16, 2021 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V:D... See more »
February 10, 2021GlobalNewswire

DMG Conducting Extensive Immersion Cooling Study as it Prepares its Facility for Large-Scale Deployment in 2021

VANCOUVER, British Columbia, Feb. 10, 2021 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: ... See more »
January 21, 2021centralcharts

DMG Provides Overview and Business Outlook for 2021

VANCOUVER, British Columbia, Jan. 21, 2021 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: ... See more »
January 8, 2021Cision Canada

IIROC Trading Halt - DMGI

/CNW/ - The following issues have been halted by IIROC: Company: DMG Blockchain Solutions Inc. TSX-Ve... See more »
December 31, 2020GlobeNewswire

DMG Files Audited Annual Financial Statements

VANCOUVER, British Columbia, Dec. 31, 2020 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: ... See more »

Social Media

DMG Headquarters

795 Hwy 395

Christina Lake, British ColumbiaV0H 1E0

1-778-300-6115

Driving Directions »

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DMG Summary

ABOUT

Overview

DMG is a cryptocurrency-based platform that provides blockchain ecosystem monetizing solutions for businesses. DMG was founded in 2016. DMG's headquarters is located in Christina Lake, British Columbia, CA V0H 1E0. It has raised 79.4M in 8 rounds. The...

CEO

DMG's Co-Founder & CEO, Daniel Reitzik, currently has an approval rating of 100%. DMG's primary competitors are BitFive, HashChain & Hive Blockchain.

Frequently Asked Questions about DMG

  1. When was DMG founded?

    DMG was founded in 2016
  2. Who is DMG's CEO?

    DMG's CEO is Daniel Reitzik
  3. How much revenue does DMG generate?

    DMG generates $5.2M in revenue
  4. How much funding does DMG have?

    DMG has historically raised $79.4M in funding
  5. Where is DMG's headquarters?

    DMG's headquarters is in Christina Lake British Columbia, CA
  1. How many employees does DMG have?

    DMG has 16 employees
  2. What sector does DMG operate in?

    DMG is in Internet Software, Blockchain
  3. Who are DMG's competitors?

    DMG's top competitors are BitFive, HashChain, Hive Blockchain
  4. Who has DMG invested in?

    DMG's has invested in companies such as Brane