DMG Blockchain lands Buy rating from Canaccord

Canaccord Genuity initiated coverage of DMG Blockchain Solutions with a "Strong Buy" rating, citing the company's "triple growth engine" as a significant advantage.

Analyst Tania Armstrong-Whitworth highlighted DMG's strategic and diversified approach, which includes both bitcoin mining and software services, positioning it as a leading operator in North America.

Despite the positive outlook, DMG shares were trading at $0.24 with a notable decline of 6.6% as of late Thursday morning.

Recommendation Rating: Strong Buy

Canaccord Genuity has recently commenced coverage of DMG Blockchain Solutions (OTCQB: DMGGF) (TSXV: DMGI:CA) with a favorable Buy rating, highlighting the company's "triple growth engine" as a key factor.

Analyst Tania Armstrong-Whitworth praised DMG's (OTCQB: DMGGF) strategic and diversified approach, which encompasses both bitcoin (BTC-USD) mining and software services. She commented, "This balanced strategy positions DMGI as one of the most technically advanced and disciplined operators within the North American market."

As of late Thursday morning, DMGGF shares were trading at $0.24, reflecting a decline of 6.6%.