DMG Blockchain Solutions Purchases Two Megawatts of Prefabricated Data Center Infrastructure
DMG Blockchain Solutions Inc., a vertically integrated blockchain and data center technology company, has signed a purchase and sale agreement (PSA) for two megawatts (MW) of Prefabricated Data Center (PDC) infrastructure.
This agreement is with the same undisclosed counterparty with whom DMG had signed a Memorandum of Understanding (MOU) in February 2025 to purchase an additional 10 MW of PDC infrastructure.
The payment for this purchase is a substitution for the previously disclosed US$5 million upfront payment, with the remainder of the purchase price to be determined based on future DMG revenue resulting from artificial intelligence (AI) computing off-take agreements. The company plans to move the purchased PDC units to either its Christina Lake data center, Malahat Nation lands, or a temporary storage location in the near future.
Progress on AI Off-Take Agreements and Future Plans
DMG intends to acquire the remaining PDC infrastructure under the original 10 MW MOU terms. Since signing the MOU, DMG has made significant progress in engaging with Canadian government entities and enterprises for potential AI off-take agreements. DMG has 180 days to show progress toward finalizing these agreements in order to maintain exclusivity for acquiring the remaining PDC units.
A future news release will provide further details on the final structure and terms of the potential transaction and other material developments as they arise.
Also read: Microchip Technology Reveals New Solutions to Meet AI Needs in Data Centers
Modular, Scalable Infrastructure for AI Data Centers
Sheldon Bennett, CEO of DMG Blockchain Solutions, said, ““This purchase gives us the foundational capacity to begin moving forward on our AI infrastructure strategy and is appropriately sized, as we believe it is likely that Canadian Sovereign and Private AI installations are likely to start modest in size compared to the large US hyperscalers.”
He added, “Owning this infrastructure gives a unique time to market advantage, which is critical as Canadian government and enterprise entities scramble to protect themselves against international geopolitical forces beyond their control. We also believe this purchase is the most capital efficient way for which we can begin to build a critical mass of AI infrastructure, helping us to maximize our return to shareholders.”
The PDC infrastructure purchased is modular, which means it can be partitioned into smaller units for deployment at one or more locations. However, the infrastructure currently does not include medium-voltage power distribution, battery storage, or backup power generation, with these components and their configurations yet to be determined.
Additionally, the infrastructure will require the installation of computing, networking, and storage systems before it can generate revenue from AI off-take agreements.
