According to Odaily, DMG Blockchain Solutions, a Bitcoin mining company, produced a total of 23 Bitcoins in May. The company's average monthly computing power was 0.94 EH/s, and its Bitcoin balance reached 449 BTC. DMG plans to activate its Bitmain T21 mining machine in July 2024, and it is expected that the total computing power will reach 1.7 EH/s.
In addition to its mining operations, DMG has granted 1,406,090 stock options to its employees and directors. The exercise price for these options is $0.61 per share, with an exercise period of five years. This move is part of the company's strategy to incentivize its staff and align their interests with the company's long-term goals.
DMG Blockchain Solutions continues to be a significant player in the Bitcoin mining industry, with its future plans indicating a commitment to increase its computing power and, consequently, its Bitcoin production. The company's decision to grant stock options to its employees and directors further demonstrates its confidence in its future growth and profitability.