Digi Power X Stock Price, News & Analysis

Digi Power X (NASDAQ: DGXX) released a shareholder letter detailing its strategic transformation from Digihost Technology to Digi Power X, marking its evolution from a blockchain company to an AI infrastructure platform. The company announced a key partnership with Super Micro Computer to build AI data centers using NVIDIA B200 GPUs at their Alabama facility. Their flagship product, ARMS 200 (AI-Ready Modular Solution), is ready for deployment as a Tier 3-certified modular data center. The company reported strong financial performance with 64.5% revenue growth in Q1 2025 compared to the previous quarter, maintaining a solid cash position with no long-term debt. Future plans include launching the first ARMS 200 unit, scaling additional units, expanding their partnership with Super Micro, and securing anchor customers in AI, cloud, and enterprise markets.

Digi Power X (NASDAQ: DGXX, TSXV: DGX), a company focused on developing innovative energy infrastructure and data centers, has announced the grant of 1,145,000 stock options to its officers, directors, management, key consultants, and employees. The stock options are exercisable at C$2.09 per subordinate voting share for a five-year period. These options vest immediately upon grant and are subject to the company's stock option plan and TSX Venture Exchange policies. This announcement is part of the company's designated news release under their prospectus supplement dated May 30, 2025.

Digi Power X (NASDAQ: DGXX) reported its May 2025 production results, generating $4.3M in total value from mining operations and energy sales, a 23% increase from April. The company mined 35 BTC (worth $3.7M) and earned $0.6M in energy revenue. Cash and crypto holdings stood at $9.3M as of May 31, down from $10.2M in April due to $0.6M in capital expenditures and $0.2M for carbon credits. The company maintains zero long-term debt while operating 100MW of power capacity across three sites, with plans to expand to 200MW. Notable developments include a collaboration with Super Micro Computer for GPU rack solutions in Alabama and a successful 5.5MW community solar project in New York that generated $100,000 in electricity credits. The company is also exploring battery storage integration at its Buffalo facility through NYSERDA's program.

Digi Power X (DGHI) has established a US$100 million at-the-market (ATM) equity program through an agreement with A.G.P./Alliance Global Partners. The program allows the company to sell subordinate voting shares at prevailing market prices, with a 3.0% commission to the Agent. The company, which operates debt-free with strong cash reserves, plans to use the proceeds for general corporate purposes, including ongoing operations, data center construction, debt repayment, and potential acquisitions to expand mining capacity. CEO Michel Amar emphasized this filing provides access to low-cost growth capital when needed, while the company focuses on scaling its AI-ready Modular Solution platform in partnership with Super Micro. The ATM program can be terminated by either party and requires no immediate share issuance.

Digi Power X (NASDAQ: DGXX) has announced a strategic collaboration between its subsidiary US Data Centers and Super Micro Computer (NASDAQ: SMCI) to deploy customized B200 GPU rack solutions at their new Alabama data center. The initial deployment aims for operational readiness within 120 days, with full test operations expected in Q4 2025.

The project represents the first phase of a broader expansion plan, targeting a scaling up to 22 megawatts (MW) in 2026 and 55MW by 2027 at the Alabama facility. This collaboration signifies a strategic move to enhance the company's AI and high-performance computing infrastructure capabilities.

Digi Power X (NASDAQ: DGXX) reported strong Q1 2025 financial results, with revenue reaching $9.3 million, a 65% increase from Q4 2024. The company's colocation vertical saw remarkable growth of 256% to $5.1 million, while energy sales increased 155% to $3.4 million. The company achieved positive EBITDA of $0.5 million and reduced its net loss by 63% to $1.7 million.

The company is developing Tier 3 AI data centers, purpose-built for NVIDIA B200 and GB200 workloads, through its subsidiary US Data Centers Inc. With $10 million in liquidity, no long-term debt, and digital assets worth $4.4 million (up 51% YoY), Digi Power X is positioned for growth in AI compute infrastructure. The total value of mining operations and energy sales reached $12.1 million in Q1 2025.

Digi Power X (NASDAQ: DGXX) reported its April 2025 production results, maintaining a strong financial position with $10.2 million in combined cash and Bitcoin holdings (down slightly from $10.3 million in March). The company generated $0.7 million in gross energy revenue and produced approximately 30 BTC (valued at $2.8 million) through self-mining and colocation operations.

The company has invested $1.9 million in capital expenditures year-to-date while maintaining zero long-term debt. Currently operating with 100MW of available power across three sites, Digi Power X aims to expand to 200MW. Through its subsidiary US Data Centers, the company is developing a Tier 3 data center in Columbiana, Alabama, focused on AI and high-performance computing workloads.

Digi Power X (NASDAQ: DGXX) reported strong Q1 2025 financial results with total revenue reaching $12.1 million, marking a 115% increase from Q4 2024's $5.63 million. The revenue mix comprised 75% from mining ($9.1 million, up 78%) and 25% from energy sales ($3.0 million, up 436%).

The company maintained its debt-free status while strengthening its cash position to $10.3 million as of March 31, 2025, compared to $10.0 million in December 2024. Capital expenditures for Q1 2025 totaled $4.1 million, focused on mining infrastructure and carbon compliance.

Currently operating with 100MW of available power across three sites, Digi Power X aims to expand to 200MW. Through its new subsidiary, US Data Centers, the company plans to transform its Columbiana, Alabama site into a Tier 3 data center for AI and HPC workloads, with implementation starting in Q2 2025.

Digi Power X (NASDAQ: DGXX) reported strong financial results for 2024, with revenue increasing 42% year-over-year to $37.0 million. The company achieved a remarkable 228% EBITDA improvement, turning a $6.9 million loss in 2023 into an $8.8 million gain in 2024.

Key performance highlights include:

• Colocation services grew by 829% to $15.79 million
• Energy sales increased 41% to $4.61 million
• Digital assets rose 450% to $4.53 million
• Property, plant, and equipment totaled $21.72 million

The company successfully diversified its revenue streams, with 72% of 2024 revenues coming from services outside digital currency mining. Notable achievements include signing an agreement for hosting 11,000 S21 miners (44 MW) and becoming an anchor subscriber to a 5 MW community solar project in Grand Island, NY. The company has eliminated all long-term debt and is expanding into Tier 3 AI data centers through its new U.S. Data Center subsidiary.