- DMG (DMGI) welcomes Steven Eliscu as Chief Operating Officer
- Most recently, Steven worked as Head of Finance for DSP Concepts, a Silicon Valley embedded software company
- Previously, he was Sr. Director of Finance at Bitfury, an international blockchain technology company, and has consulted for several blockchain startups
- Steven will be focused on honing DMGs execution of its “Core and Core+” strategy while leveraging his nine years of experience at UBS
- DMG is an environmentally friendly vertically integrated blockchain and cryptocurrency company that manages, operates, and develops end-to-end digital solutions
- DMG Blockchain Solutions Inc. (DMGI) is down 1.33 per cent, trading at C$0.37 at 12:13 pm ET
DMG Blockchain Solutions (DMGI) welcomes Steven Eliscu to the management team as Chief Operating Officer.
Steven Eliscu, previously an Independent Director of the company, is a seasoned executive, having held senior leadership roles at companies in the blockchain and semiconductor-related industries.
Most recently, Steven worked as Head of Finance for DSP Concepts, a Silicon Valley embedded software company. Previously, he was Sr. Director of Finance at Bitfury, an international blockchain technology company, and has consulted for several blockchain startups.
Steven will be focused on honing DMGs execution of its “Core and Core+” strategy while leveraging his nine years of experience at UBS as a Senior Equity Research Analyst to enhance DMG’s shareholder engagement efforts.
Eliscu commented, “I am excited to be re-joining DMG in a leadership role to help manage the dramatic growth the company is undergoing and provide investors clear insight into the drivers of our monetizing strategy for bitcoin creation and bitcoin transactions in the coming years.”
“It is my goal for DMG to be regarded as the preeminent cryptocurrency company for mining green and transacting clean,” added Eliscu.
Steven will be working closely with CEO Sheldon Bennett and the DMG team to grow the Company’s mining capacity while staying focused on its 12-month or less ROI framework and expanding DMG’s software capabilities to ensure bitcoin transactions meet the highest level of ESG and regulatory compliance standards.
“Steven is keenly aware of what investors expect from DMG and is laser-focused on delivering results to enable DMG to achieve its goals,” said Sheldon Bennett, DMG’s CEO.
DMG also wishes to announce the granting of 2,730,000 stock options to directors and employees of the company.
The options are exercisable for five years at $0.37 per share and will vest as to 25 per cent on each of the six, twelve, eighteen and twenty-four month anniversary of the grant date.
DMG is an environmentally friendly, vertically integrated blockchain and cryptocurrency company that manages, operates, and develops end-to-end digital solutions to monetize the blockchain ecosystem.
DMG’s sustainable businesses are segmented into two business lines under the Core and Core+ strategies and unified through DMG’s vertical integration.
Future changes in the Bitcoin network-wide mining difficulty rate or Bitcoin hash rate may materially affect the future performance of DMG’s production of Bitcoin.
Future operating results could also be materially affected by the price of Bitcoin and an increase in hash rate mining difficulty.
DMG Blockchain Solutions Inc. (DMGI) is down 1.33 per cent, trading at C$0.37 at 12:13 pm ET.
