There was not much movement in the crypto markets today as some uncertainty continues. The news was a mix of good and bad and things appear to be trending up slightly. Bitcoin needs to break out past $9k, Ethereum past $600, and Litecoin above $175. That will mean we are headed back up in the short term. There will be more on the horizon in the near future.
DMGI, an IPO we mentioned a while back has been making some big moves...
DMG BLOCKCHAIN SOLUTIONS INC. (TSX.V: DMGI) US TRADED: (DMGGF) ANNOUNCES 1ST QUARTER PROGRESS (AND INSIDER BUYING)
Crypto and Blockchain has been cooling off lately however DMGI has been holding steady as of late and could provide members with an incredible bottom bounce opportunity when the Crypto markets heat back up.
Today DMGI Announced It's Incredible Q1 Progress and Milestones that have been met. You can read the Press Release Here. For those of you NEW to DMGI you can Click Here to read a Full Report on the company.
Some Q1 Highlights Are:
DMG Blockchain Solutions Announces Q1 Progress:
Cryptocoin Mining Service Capacity Sells Out, Up to a 85 Megawatt Mine Construction Underway, Closes First M&A Deal, Strategic Partnerships Inked
Key Achievements & Operational Highlights
- 2,650 Mining Rigs Sold: MaaS allocated 4 megawatts of power sold out
- Power Update: DMG expects an additional 40 megawatts ready for mid-2018
- Bitcoin Mining: Launching what could be the largest industrial bitcoin mining complex in North America with power capacity of up to 85 megawatts
- Blockseer and AI: Carefully managed M&A plan underway with the acquisition of leading Silicon Valley-based artificial intelligence (AI) and Blockchain company, Blockseer
- Key partnerships that can be catalysts for growth and margin expansion (Bitmasters, Foreside Financial, Mogo, Emerald Health Therapeutics, Element Fleet Management, D-Link, Primary Engineering and CannaChain)
- More than $35 million raised in 2017 with institutional ownership of more than 20%
DMG BLOCKCHAIN CEO CONTINUES TO ACCUMULATE SHARES. .
Another encouraging catalyst for DMGI is that CEO Daniel Reitzik, continues to stand by his company and put his own money where his mouth is. As recently as March 5th According to This Filing, Daniel purchased 10,000 shares at a price of $1.50.
Some investors are worried that they might have missed out not truly understanding DMGI and the long term value that the company presents to its shareholders.
The Great Warren Buffett once said that as an investor it is wise to be “Fearful when others are greedy and greedy when others are fearful."
We expect to see shareholders of Hive Blockchain (TSXV: HIVE) and other traditional Crypto mining companies, cash out of their current holdings and begin accumulating DMGI!
Begin To Consider DMGI For Your Long Term Portfolio Today!
