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Digi Power X Inc. reports developments in AI data center infrastructure, including power-backed data center capacity, enterprise colocation, and bare metal GPU services. The company operates a vertically integrated portfolio of power assets and data center capacity across Alabama, New York, and North Carolina, and its NeoCloudz platform delivers GPU-as-a-Service on dedicated NVIDIA infrastructure.
Recurring updates cover financial results, operations, customer agreements for AI colocation and GPU rentals, subsidiary structure around US Data Centers, Inc. and ARMS modular systems, and capital-market activity involving subordinate voting shares and at-the-market equity offerings.
Digi Power X (NASDAQ:DGXX) reported Q2 2026 revenue of approximately $6.6 million, including $3.6 million from colocation and legacy mining, $1.9 million from energy sales and $1.1 million from GPU rentals, its first AI compute revenue. Net loss was about $14.4 million, while Adjusted EBITDA turned positive at roughly $3.3 million, versus $0.1 million a year earlier.
The company highlighted around $1.1 billion of contracted AI data center revenue under a 10-year agreement, with an option that could bring total potential contract value to about $2.5 billion. As of June 30, 2026, Digi Power X held $142.4 million in cash and cash equivalents, rising to approximately $150 million by August 14, 2026, and reported total assets of $279.6 million and shareholders’ equity of $265.0 million. It invested about $30 million into GPU infrastructure (0.6 MW deployed) and around $110 million year-to-date in capital investments and equipment deposits. The company is developing a 40 MW Alabama AI data center for phased delivery in December 2026 and March 2027, plans up to 10 MW of additional GPU bare-metal capacity in 2027, and is targeting a $250–$300 million annualized revenue run-rate by Q3 2027, subject to execution and other factors.
Digi Power X (NASDAQ:DGXX) plans to release its 2026 Q2 financial results for the quarter ended June 30, 2026 on August 14, 2026, with all figures in U.S. dollars unless noted.
The company will host a conference call on August 14, 2026 at 8:30 AM ET, where executives will review the Second Quarter Results and provide an operations update. Results will be distributed via media release and posted on www.digipowerx.com. Investors can join the call by dialing 1-877-407-9039 or 1-201-689-8470, or by using the Call Me link provided by Digi Power X.
Digi Power X (NASDAQ:DGXX) reported operational progress and a detailed financial update. Its Alabama AI data center campus remains on schedule, with Phase 1 targeted for December 2026 and Phase 2 by Q1 2027. All major long-lead equipment for Phase 1 has been secured.
NeoCloudz, the GPU-as-a-Service platform using NVIDIA B200 and B300 GPUs, is live and generating AI revenues. As of July 3, 2026, Digi Power X reports about $155 million in cash and cash equivalents, roughly $95 million in year-to-date Columbiana capex, and no long-term debt.
The company owns a major stake in US Data Centers, whose ARMS 200 modular unit has operated at Tier 3 standards in Alabama since May 15, 2026, generating AI-related revenue. For fiscal 2027, Digi Power X targets an annualized run-rate of approximately $250–$300 million across AI colocation, NeoCloudz and energy sales, subject to execution, customer ramp and financing.
Digi Power X (Nasdaq:DGXX) committed $35 million to purchase NVIDIA’s next-generation Vera Rubin systems to expand its NeoCloudz GPU-as-a-Service platform. Initial deployment is targeted for Q1 2027, funded from cash on hand.
Phase 1 of its Alabama AI data center (15 MW) targets a December 15, 2026 ready-for-service date, with full 40 MW by end of Q1 2027. NeoCloudz has been live since May 15, 2026 and generated its first AI revenues in May. As of June 3, 2026, cash and equivalents were about $150 million, with roughly $65 million invested year-to-date into the Alabama site.
Digi Power X (Nasdaq:DGXX) reported Q1 2026 results with a net loss of $4.7M versus $1.6M in Q1 2025, while Adjusted EBITDA improved to $1.1M from $(1.3)M. Revenue was $6.8M, down from $9.3M, reflecting the planned wind-down of legacy operations.
The company ended the quarter with $73M cash, zero long-term debt and $67.2M working capital, and now reports about $125M cash and $15M digital assets. It signed a $1.1B, 10-year AI colocation agreement, launched NeoCloudz GPU cloud with initial AI revenues, deployed about $45M YTD capex at its Columbiana facility, and uplisted to Cboe Canada (DGX). Digi Power X targets $250–$300M total revenue in 2027 across AI colocation, GPU-as-a-Service and energy sales.
Digi Power X (Nasdaq:DGXX), an AI data center infrastructure operator, will release its Q1 2026 financial results and provide an operations update on May 15, 2026. A conference call and webinar will follow at 8:30 AM ET for investors and analysts.
Digi Power X (Nasdaq:DGXX) announced on May 8, 2026 an upsizing of its at-the-market equity offering by US$100 million, raising the program size to US$175 million under an amended April 9, 2026 sales agreement with A.G.P./Alliance Global Partners.
Proceeds may be used for general corporate purposes, funding operations and Tier 3 data center construction, repaying indebtedness, and potential acquisitions; sales will occur on Nasdaq or other U.S. markets and will not be offered in Canada. The prospectus supplement is available on the SEC EDGAR website.
Digi Power X (Nasdaq:DGXX) executed a 10-year Master Services Agreement with Cerebras Systems for a purpose-built, 40 MW AI data center campus in Columbiana, Alabama.
The initial term is valued at approximately $1.1 billion, with up to $2.5 billion potential including renewals. Phase 1 (15 MW) targets ready-for-service December 15, 2026; full 40 MW targeted by end of Q1 2027. Digi Power X owns the site, completed an on-site substation, and secured grid interconnection with Alabama Power.
Digi Power X (NASDAQ:DGXX) signed a 24-month bare metal GPU rental agreement with SubQ AI, effective May 15, 2026, with a total contract value of ~$19.6 million and a ~15% non‑refundable upfront payment (~$2.95 million). The deal deploys dedicated NVIDIA Blackwell GPUs via NeoCloudz at a Rated 3 AI data center.
Contract validates NeoCloudz commercial launch, anchors a multi‑year customer relationship, and aligns with disclosed capacity to host ~4,000 Blackwell GPUs representing up to ~$120 million potential annualized revenue at full utilization.
Digi Power X (Nasdaq:DGXX) entered an amended and restated ATM sales agreement with A.G.P./Alliance Global Partners to sell up to US$75 million of subordinate voting shares via an at-the-market equity program.
Proceeds, if any, are intended for general corporate purposes, Tier 3 data center construction, debt repayment, working capital, and potential acquisitions to expand AI/HPC power infrastructure. Offerings will be made under a Form S-3 registration statement filed April 9, 2026, and sales will occur only in the United States on Nasdaq or other U.S. trading markets.