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DMG Blockchain initiated with a Buy at Roth MKM

DMG Blockchain initiated with a Buy at Roth MKM

Roth MKM initiated coverage of DMG Blockchain (DMGGF) with a Buy rating and C$0.85 price target DMG represents a “growing and transitional investment opportunity” in the digital infrastructure sector, the analyst tells investors in a research note. The firm says the company’s core bitcoin mining substantiates its current valuation, while the core business represents long-term potential with carbon-neutral blockchain solutions.

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