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Hans Vestberg Co-Founds Next Phase of US Data Centers Inc. with Digi Power X to Deploy Modular AI Infrastructure at Scale

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Digi Power X (Nasdaq:DGXX) co-founded a stand-alone AI infrastructure platform, US Data Centers (USDC), with Hans Vestberg as Co-Founder and Senior Advisor to deploy modular Tier III AI data centers via the ARMS™ platform.

USDC completed an initial private raise valuing the business at ~US$10 million, issuing 3,200,000 preferred shares for US$800,000; Digi Power X retains majority common equity.

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Positive

  • US$10M valuation assigned to USDC
  • Initial capital raise of US$800,000
  • Digi Power X retains majority ownership of USDC
  • ARMS™ modular Tier III units enable rapid deployment of AI capacity

Negative

  • Insiders received 10,200,000 common shares in a related party transaction
  • Company relied on MI 61-101 exemptions rather than formal valuation/approval
  • Securities are not registered in the United States, limiting U.S. sale

News Market Reaction – DGXX

-21.55% 3.3x vol
67 alerts
-21.55% Session close to close
+2.3% Peak Tracked
-25.7% Trough Tracked
$199.21M Market Cap
3.3x Rel. Volume

In the Mar 13 session, DGXX declined 21.55%, reflecting a significant negative market reaction. Argus tracked a peak move of +2.3% during that session. Argus tracked a trough of -25.7% from its starting point during tracking. Our momentum scanner triggered 67 alerts that day, indicating high trading interest and price volatility. Trading volume was very high at 3.3x the daily average, suggesting heavy selling pressure.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock dropped -21.6% in the session following this news. A negative reaction despite structurall...
Analysis

The stock dropped -21.6% in the session following this news. A negative reaction despite structurally focused AI news fits a history where some strong AI updates still saw selling pressure. Past AI-tagged releases produced both gains and losses around an average move of 0.78%. Weakness could reflect skepticism about capital intensity, governance optics around related party issuances, or execution risk in scaling US Data Centers as a stand-alone platform rather than immediate changes in fundamental operating capacity.

Key Figures

USDC valuation: US$10 million Preferred Stock issued: 3,200,000 shares Capital raised: US$800,000 +2 more
5 metrics
USDC valuation US$10 million Valuation ascribed in initial capital raising transaction
Preferred Stock issued 3,200,000 shares Initial USDC capital raising transaction
Capital raised US$800,000 Proceeds from 3,200,000 USDC Preferred Stock shares
Insider USDC shares 10,200,000 shares Common Stock issued to Insiders in USDC for services
MI 61-101 threshold 25% Insider participation below 25% of Company’s market capitalization

Previous AI Reports

5 past events · Latest: Mar 02 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Mar 02 AI infra commissioning Positive +6.2% First ARMS 200 commissioning and initial AI revenue timetable in Alabama.
Nov 13 AI earnings & plan Positive -12.5% Q3 2025 profit and strong liquidity backing 2026 AI buildout targets.
Nov 03 AI liquidity build Positive +4.3% Large increase in cash and digital assets to fund staged AI power rollout.
Sep 04 Tier 3 certification Positive -1.8% US Data Centers’ ARMS 200 platform awarded Tier 3 ANSI/TIA-942-C status.
Sep 02 AI pivot update Positive +7.7% Pivot of Alabama facility to Tier 3 AI hub with expanded BTC/ETH holdings.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

AI-tagged announcements often moved the stock modestly, with a mix of positive and negative reactions and 3 aligned vs 2 divergent moves.

Recent Company History

Over the past several months, Digi Power X has repeatedly highlighted its AI infrastructure transition via US Data Centers and the ARMS 200 platform. Prior AI-tagged updates covered commissioning of the first ARMS 200 unit and planned GPU-as-a-Service revenues, major liquidity and balance sheet strengthening to fund 2026 AI builds, Tier 3 certification for ARMS 200, and expansion of digital asset holdings while converting the Alabama site into a Tier 3 AI hub. Today’s AI-platform structuring update builds on that progression of ARMS-driven, Tier 3-focused AI infrastructure milestones.

Key Terms

preferred stock, common stock, tier iii-certified, related party transaction, +1 more
5 terms
preferred stock financial
"USDC issued shares of Preferred Stock in an initial capital raising transaction"
Preferred stock is a type of ownership in a company that typically offers investors higher and more consistent dividend payments than common stock. Unlike regular shares, preferred stock usually doesn’t come with voting rights but provides a priority claim on the company’s assets and profits, making it a more stable and predictable investment option. This makes preferred stock attractive to those seeking steady income with lower risk.
common stock financial
"shares of Common Stock constituting more than 50% of USDC's equity"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
tier iii-certified technical
"Each ARMS unit is a self-contained, Tier III-certified modular data center"
Tier III-certified indicates a facility or system has been independently verified to meet a mid-to-high standard for uptime and redundancy, meaning it can undergo maintenance without shutting down and has backup paths for power and cooling. For investors, this signals lower operational risk and higher reliability for revenue-generating activities—similar to a highway with extra lanes and detours that keep traffic moving during repairs—reducing the chance of costly outages.
united states securities act of 1933 regulatory
"not been registered under the United States Securities Act of 1933, as amended"
A federal law that requires companies to provide clear, written information when they sell stocks, bonds or other investment securities to the public, and that outlaws misleading claims or fraud in those offerings. It matters to investors because it forces sellers to lay out the key facts — like a detailed menu for an unfamiliar restaurant — so buyers can compare options, understand risks, and rely on a legal framework if important information is omitted or deceptive.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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This news release constitutes a "designated news release" for the purposes of the Company's amended and restated prospectus supplement dated November 18, 2025, to its short form base shelf prospectus dated May 15, 2025.

MIAMI, FL / ACCESS Newswire / March 13, 2026 / Digi Power X Inc. ("Digi Power X" or the "Company") (Nasdaq:DGXX)(Cboe Canada:DGX) today announced the launch of the next phase of development of US Data Centers, Inc. ("USDC"), a dedicated AI infrastructure platform focused on the development, manufacturing and global deployment of modular Tier III AI data centers, through an independent, private raise of capital. This phase was co-founded with Hans Vestberg, former Chairman and Chief Executive Officer of Verizon Communications and current board member of BlackRock, who will serve as Co-Founder and Senior Advisor to USDC.

This next phase of development is intended to establish USDC as a stand-alone and dedicated AI infrastructure manufacturing and deployment platform, while allowing Digi Power X to maintain a sharper focus on energy-optimized digital infrastructure operations.

Under this structure:

  • USDC will lead the manufacturing, distribution and global deployment of modular AI data center infrastructure.

  • Digi Power X will continue developing and operating energy-efficient digital infrastructure assets, including power generation and high-performance compute facilities.

This structure will position each company to capture growth across different sectors of the rapidly expanding AI infrastructure value chain, while allowing shareholders of the Company to participate in that growth through Digi Power X's equity stake in USDC.

The ARMS™ Platform: Modular AI Infrastructure at Scale

At the core of US Data Centers, Inc. is the ARMS™ (AI-Ready Modular Solution) platform - a proprietary modular data center system engineered for the rapid deployment of high-density AI computing infrastructure.

The ARMS platform is purpose-built to solve one of the most pressing challenges facing the AI industry: the inability of traditional data center construction to keep pace with the accelerating demand for compute capacity. Where conventional facilities could require years to plan, permit and build, ARMS-based deployments can be commissioned in a fraction of that time.

Each ARMS unit is a self-contained, Tier III-certified modular data center designed to support advanced GPU clusters for large-scale AI workloads, including machine learning training, inference, and generative AI applications. Units are designed for rapid scalability, allowing customers to expand compute capacity incrementally as demand grows.

ARMS 200 system set up at Digi Power X's Alabama site

Business Model and Go-to-Market Strategy

USDC's goal is to generate revenue through multiple channels, including direct infrastructure manufacturing and deployment for enterprise and sovereign customers.

Target customers include:

  • Hyperscalers and cloud service providers requiring rapid capacity expansion

  • Enterprise customers deploying private AI infrastructure

  • Sovereign AI initiatives requiring domestically controlled compute capacity

  • Colocation tenants seeking pre-built, high-density AI-ready facilities

The modular nature of the ARMS platform will allow USDC to serve customers across a wide range of deployment sizes, from single-unit installations to large-scale multi-megawatt campus deployments.

In order to capitalize the entity and work towards achieving these goals, USDC issued shares of Preferred Stock in an initial capital raising transaction that ascribes a valuation to USDC of approximately US$10 million, including the issuance of 3,200,000 shares of Preferred Stock for a total of US$800,000. Digi Power X remains a majority shareholder of USDC, holding shares of Common Stock constituting more than 50% of USDC's equity.

Addressing the Global AI Infrastructure Gap

The rapid proliferation of artificial intelligence is creating unprecedented demand for high-performance computing infrastructure worldwide. Industry analysts estimate that global investment in AI infrastructure could reach hundreds of billions of dollars over the coming decade as enterprises, governments and cloud providers race to scale their AI capabilities.

USDC is positioning itself to capture a share of this opportunity by offering a faster, more flexible alternative to traditional data center development - developing and producing Tier III-certified AI infrastructure that can be delivered at the speed the market demands.

Leadership

Michel Amar, Chairman and CEO of Digi Power X, commented:

"We are extremely excited to partner with Hans Vestberg in this next phase of US Data Centers, Inc. Hans brings unparalleled experience in global telecommunications infrastructure and technology leadership. His involvement will significantly strengthen USDC's ability to build a next-generation AI infrastructure platform designed to meet the growing global demand for AI compute."

Hans Vestberg added:

"The global demand for AI computing is accelerating at an unprecedented pace. It's a massive shift in the market. I see a clear opportunity for US Data Centers, Inc. to lead this space. By leveraging our scale and execution, we will build the next generation of infrastructure and create a truly world-class platform. I look forward to partnering with USDC leadership team to deliver on this vision and drive the business forward."

Related Party Transaction

Certain officers and directors of the Company (the "Insiders") were issued an aggregate of 10,200,000 shares of Common Stock in USDC in exchange for services. The participation by the Insiders is considered a "related party transaction" as defined under Multilateral Instrument 61-101 ("MI 61-101"). The Company is relying on an exemption from the formal valuation and minority shareholder approval requirements provided under MI 61-101 pursuant to section 5.5(a) and section 5.7(1)(a) of MI 61-101, on the basis that the participation by the Insiders does not exceed 25% of the fair market value of the Company's market capitalization. The Company did not file a material change report in respect of the participation by the Insiders at least 21 days before the closing of the transaction, which the Company believes is reasonable in the circumstances in order to complete the transaction in an expeditious manner.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This news release shall not constitute an offer of securities for sale in the United States. The securities being offered by USDC have not been registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent registration under U.S. federal and state securities laws or an applicable exemption from such U.S. registration requirements.

About Digi Power X

Digi Power X is an energy-efficient digital infrastructure company focused on the development of next-generation data centers and energy solutions designed to power the future of high-performance computing.

About US Data Centers, Inc.

US Data Centers, Inc. is an AI infrastructure company focused on the development, manufacturing, and deployment of modular Tier III AI data center platforms designed to support high-density AI computing workloads.

For further information, please contact:

Michel Amar, Chief Executive Officer
Digi Power X Inc.
www.digipowerx.com
Investor Relations: T: 888-474-9222 | Email: IR@digihostpower.com

Cautionary Statement

Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Cboe Canada does not accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

Except for the statements of historical fact, this news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. Forward-looking information in this news release includes statements regarding goals, expectations and targets for the business of USDC. In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "targets," "goals,' "projects," "contemplates," "believes," "estimates," "forecasts," "predicts," "potential" or "continue" or the negative of these terms or other similar expressions. The forward-looking information is subject to a variety of known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: delivery of equipment and implementation of systems may not occur on the timelines anticipated by the Company or at all; future capital needs and uncertainty regarding USDC's ability to raise additional capital; reduction in the Company's economic interest in USDC resulting from expected further equity issuances by USDC; the Company's lack of voting control over USDC; revenue may not earned by USDC on the timelines anticipated, or at all; the ability of USDC to attract target customers; costs associated with the development, manufacturing and deployment of AI infrastructure; global demand for AI computing infrastructure; further improvements to profitability and efficiency may not be realized; and other related risks, some of which are more fully set out in the Annual Information Form of the Company and other documents disclosed under the Company's filings at www.sedarplus.ca and www.SEC.gov/EDGAR. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainties therein. The Company undertakes no obligation to revise or update any forward-looking information other than as required by applicable law.

SOURCE: Digi Power X Inc.



View the original press release on ACCESS Newswire

FAQ

What did DGXX announce on March 13, 2026 about US Data Centers (USDC)?

DGXX announced the co-founding of US Data Centers with Hans Vestberg to scale modular AI data centers. According to the company, USDC was capitalized in a private raise valuing it at roughly US$10 million and issued preferred shares totaling US$800,000.

How much capital did DGXX and investors raise for USDC and what valuation was implied?

The initial private raise totaled US$800,000, implying a valuation near US$10 million. According to the company, the raise included issuance of 3,200,000 preferred shares to outside investors.

What is the ARMS™ platform DGXX says USDC will deploy for AI infrastructure?

ARMS™ is a modular, Tier III-certified data center system engineered for rapid AI compute deployment and scalability. According to the company, ARMS units support high-density GPU clusters for training, inference, and generative AI workloads.

What ownership stake does Digi Power X (DGXX) hold in US Data Centers after the transaction?

Digi Power X remains the majority shareholder of USDC, holding over 50% of common equity. According to the company, this structure preserves DGXX exposure while creating a stand-alone deployment platform.

Can USDC securities be sold in the United States after DGXX's announcement?

No. The securities offered by USDC have not been registered under the U.S. Securities Act and cannot be offered or sold in the United States without registration or an exemption. According to the company, offerings are restricted accordingly.