Strong move, Red to Green this morning. $DMGI
A lot of new developments this week, and one of the only AI infrastructure companies that has repeatedly said “no dilution of share sales.”
Backstopped deal this week on 50MWs. Trades under book
$KEEL $SLNH $RIOT $CIFR $IREN
👇📖
Very few people know about $DMGI in the AI infrastructure space, so here’s a break down of the last week:
$HUT $IREN $WULF $SLNH $RIOT 📖
- 50MW LOI signed for their Christina Lake Facility. Large company, NDA, company will backstop funding. Have applied for an additional 150MW from their utility for that site.
That site have mirrored substations setup, 75MW each. The company owns the infrastructure, 33 acres, and the building.
They already have 12MW of cooling on site. They also have Nat Gas transmission lines running on the property, 50MW for potential back up. First GPUs active this year.
- The have a utility MOU and a 30MW MOU with the @malahatnation. CEO said updates on that partnership can be expected in the coming quarter.
- Canada just announced their AI strategy. DMG has met with defense procurement already and CEO said the Feds called the company this Monday.
- They own SCIF rated modular data centers rated for defense sector grade AI. 2MW already on site, looking at buying 8MW more. CEO said after they signed their LOI for the 50MW, they have received increased interest for the SCIF units.
- 2nd Canadian site and Oregon site, CEO said updates on those sites could be expected in the coming quarter.
- Also, wholly owned digital asset trust, updates expected.
- The company has expressed numerous times that they will not dilute to pay for buildout, as the deal is backstopped. CEO said financing entities were already contacting the company after the LOI.
- The company trades at UNDER ASSET VALUE. Others have run the numbers for fair market value of their MW deal, comes to $5-$7 for just the 50MW.
- 400 BTC HODL, still mining.
- 206M shares outstanding.
Today, Canadian Prime Minister announced AI strategy
He states they will build with First Nations
$DMGI already has a utility MOU with the Malahat, and a 30MW MOU with them as well
This morning DMG CEO said Gov called Monday, and Malahat updates coming
Speaking of max bidding…. Up 8%
CEO said today that investors can expect a signed deal (fully backstopped), updates on NEW SITES (2nd Canadian site, Oregon), Malahat update, SCIF updates (said interest has spiked, gov called), trust updates, and more THIS QUARTER.
$DMGI $DMGGF
You are not bullish enough. $DMGI.V
More sites, Malahat, signed deal, SCIF units. 👇🎥
And still trades under book value. The re-rate hasn’t even begun.
$HUT $SLNH $KEEL $WULF
@DMG_Investors If you’re not max bidding $DMGI here, I don’t know what to tell you
It’s not hard to connect the dots, especially if you follow @DMG_Investors
See you at $5 minimum by year end
The 7 of us who have closely followed this story will be on a yacht
Canadian Prime minister announces canada’s AI strategy.
Says they must build sovereign capacity. CEO of $DMGI said Government called the company about AI infrastructure THIS MONDAY
SCIF units available and ready. Malahat partnership on deck. Massive. And the 50MW deal on deck.
“What can shareholders be looking forward to in the coming months?”
Sheldon: “Our 50MW deal signed, some more information on new sites, info on our Malahat partnership, Trust updates, and SCIF units… we have had an influx of interest in those.”
MASSIVE $DMGGF $DMGI
After a couple nice consolidation days on high volume, $DMGI is up 5% on a bloodbath day for the sector.
Still trades under book value, and now they have a 50MW LOI for their Christina Lake site, worth $5+ a share. Great day so far after a small dip.
$IREN $CIFR $KEEL $WULF
$DMGI is still being priced like a former crypto miner — while it’s actively repositioning into AI infrastructure.
As the market starts benchmarking this against AI comps instead of legacy mining peers, multiple expansion becomes inevitable.
Rerating is coming📈