Welcome to our dedicated page for Digi Power X news (Ticker: DGHI), a resource for investors and traders seeking the latest updates and insights on Digi Power X stock.
Digi Power X Inc. (associated on Stock Titan with symbol DGHI and referenced in company disclosures as Nasdaq: DGXX / TSXV: DGX) generates frequent news as a vertically integrated AI, digital and energy infrastructure company. Its releases cover developments in modular Tier 3 data centers, GPU-based AI infrastructure, digital asset operations and capital markets activity, giving investors and observers insight into how the business is evolving within the data processing and hosting sector.
Many recent announcements focus on the company’s ARMS (AI-Ready Modular Solution) platform, including Tier 3 certification for the ARMS 200 modular AI data center and the filing of a provisional utility patent application in the United States. News items describe how ARMS 200 is engineered for high-density GPU clusters, integrates NVIDIA B200/B300 systems supplied by Super Micro Computer, Inc. (Supermicro), and is designed for AI, hyperscale and blockchain workloads.
Other updates highlight the NeoCloud GPU-as-a-Service platform, which the company presents as a way to deliver enterprise-grade GPU compute from its Tier 3 infrastructure. Digi Power X also issues regular production and operations reports covering Bitcoin mining results, cash and digital asset positions, participation in load curtailment programs and plans for hydro-powered mining systems and advanced cooling technologies.
In addition, the news feed includes financial and corporate developments such as equity financings, at-the-market programs, liquidity updates and commentary on balance sheet strength and the absence of long-term debt in certain periods. Together, these releases provide a detailed view of Digi Power X’s AI infrastructure roadmap, energy footprint and digital asset activities. Users interested in DGHI/DGXX can use this page to follow company-designated news releases, operational milestones and strategic disclosures as they are published.
Digihost Technology Inc. (Nasdaq: DGHI) reported positive audited financial results for the year ending December 31, 2022, amid a challenging economy. The company recorded revenue of $24.19 million and a net income of $4.33 million ($0.16 per share), reversing a net loss of $3.13 million in 2021. Notable highlights include a 394% increase in EBITDA to $13.74 million and an 87% reduction in total liabilities. The company is expanding its operational capacity, having acquired a 60 MW power plant in New York and completed a new mining facility in Alabama. For 2023, Digihost aims to boost hashing power significantly, targeting approximately 6 BTC per day output in Q2.
Digihost Technology Inc. (Nasdaq: DGHI) reported its February 2023 bitcoin production results, mining 58.18 BTC and ending the month with 12.59 BTC in total holdings. The company held approximately $2.4 million in cash, BTC, and deposits at month-end and used its cash resources to fully fund the acquisition of a 60 MW power plant on February 8, 2023, thereby preventing equity dilution and avoiding third-party debt.
Digihost's total operational capacity nears 100 MW, with an expected increase to approximately 2.0 EH in computing power by early Q2 2023. The company has regained compliance with Nasdaq listing requirements as of February 2, 2023.
Digihost Technology has successfully completed the acquisition of a 60 MW power plant in North Tonawanda, NY, enhancing its infrastructure strategy. The all-cash purchase avoids equity dilution, maintaining shareholder value. Following this acquisition, the company's operating capacity nears 100 MW, equating to approximately 2 EH of computing power, and will support local energy needs while contributing to community tax revenue. Digihost is committed to sustainability, sourcing renewable energy from dairy farms. This acquisition marks a strategic milestone for Digihost, positioning it for future growth and operational flexibility.
Digihost Technology has regained compliance with Nasdaq's minimum bid price requirement, as confirmed in a notice received on February 1, 2023. The company met the requirement by maintaining a closing bid price of at least $1.00 per share for 10 consecutive business days. Additionally, Digihost reported a production of 64.63 Bitcoin in January 2023, marking a 14% increase from December 2022. The approximate value of mined Bitcoin for January was $1,495,474, significantly higher than December's $942,517. Digihost operates with a hashing rate of approximately 715 PH/s, underlining its focus on growth in the blockchain technology sector.
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