Bitcoin mining company DMG Blockchain released its unaudited financial results for the first quarter of fiscal year 2026, disclosing revenue of CAD 11.2 million, a 2% decrease quarter-over-quarter and a 4% decrease year-over-year. A total of 69 Bitcoins were mined in the quarter, lower than the 72 in the previous quarter and the 97 in the same period last year. Hashrate rose to 1.76 EH/s, a 10% increase quarter-over-quarter. The company held a total of CAD 58.6 million in cash, short-term investments, and digital assets, a 10% decrease from the end of the fiscal year. Total assets were CAD 122 million, an 8% decrease quarter-over-quarter. Net loss was CAD 2.2 million (loss per share of CAD 0.01), narrowing from a net loss of CAD 3.1 million in the same period last year. However, due to changes in the fair value of digital assets, consolidated net profit turned from a profit of CAD 12.2 million in the same period last year to a loss of CAD 16.5 million. (Globenewswire)