- DMG Blockchain Solutions (OTCQB: DMGGF) is enhancing its digital asset treasury with an institutional-grade management system.
- The company aims to diversify beyond its current Bitcoin-only holdings and potentially include other digital assets.
- Ranked #54 among top public Bitcoin treasury companies, DMG seeks to generate premium returns through active management.
DMG Blockchain Solutions Inc. (OTCQB: DMGGF), a vertically integrated blockchain and data center technology enterprise, has announced a strategic move to bolster its digital asset management capabilities through an institutional-grade treasury management system. This initiative will be undertaken within the regulated custody platform operated by its subsidiary, Systemic Trust Company.
The company's current digital asset portfolio consists solely of Bitcoin. However, DMG plans to expand beyond Bitcoin by potentially including other digital assets. This development aims to distinguish the company from traditional ETFs by generating net asset value (NAV) premiums through an active management strategy.
DMG intends to utilize its existing Bitcoin holdings, proceeds from Bitcoin mining operations, and potential capital raises to support this treasury expansion. The company is currently ranked #54 among the Top Public Bitcoin Treasury Companies.
Sheldon Bennett, CEO of DMG Blockchain Solutions, emphasized the competitive edge of the company's fully integrated platform, stating that the comprehensive approach allows for unparalleled control and management of digital assets. The platform is designed to serve both DMG and Systemic Trust Company's clients, offering robust custody services under strict compliance and security standards.
This initiative reflects the growing trend in the digital asset industry to offer sophisticated management solutions that go beyond mere asset holding, aiming instead for active value creation and expansion of digital asset portfolios.