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) 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.
Digi Power X (Nasdaq:DGXX) reported fiscal 2025 results showing a completed pivot to AI infrastructure with zero debt and a combined liquidity position of $93M ($78.5M cash, $14.8M digital currency). Total revenue was $34.2M, GAAP net loss $28.4M, and Adjusted EBITDA $(3.2)M. The company targets a 400MW capacity pipeline and expects first AI revenues as early as April 2026, with a projected full activation run-rate up to $282M annually from GPU-as-a-Service and colocation.
Digi Power X (Nasdaq:DGXX) will release its fourth-quarter and full-year 2025 financial results after market close on March 31, 2026. The company also intends to provide an operational update at the same time. This announcement is a designated news release under the company's prospectus supplement.
Digi Power X (NASDAQ:DGXX) clarifies that US Data Centers, Inc. (USDC) is an independent subsidiary focused on manufacturing and selling the ARMS modular AI data center system, while Digi Power X retains ownership of its data center sites, ARMS pods, GPUs and all site-level revenue.
The company holds a 55% equity stake in USDC, reports $80 million in cash and equivalents, zero debt, and owns four sites with ~400MW secured power; ARMS200 in Alabama targets late March 2026 go-live.
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.
Digi Power X (Nasdaq:DGXX) announced commissioning of its first ARMS 200 modular data center unit, with live operations expected in the third week of March 2026 and GPU-as-a-Service revenues anticipated beginning April 2026. The company targets 10 MW operational at its Alabama site by Q3 2026 and projects ~$15M per MW annualized revenue (10 MW = ~$150M). Liquidity totaled ~$80M (cash, BTC, ETH, deposits) as of Feb 27, 2026; infrastructure CapEx YTD is ~$13.1M with expected total CapEx of ~$33.1M by end of Q3 2026.
Digi Power X (Nasdaq:DGXX / Cboe Canada:DGX) will uplist from the TSX Venture Exchange to Cboe Canada effective at market open on February 27, 2026. The company will be voluntarily delisted from the TSXV as of close of market on February 26, 2026. Shares will continue to trade on Nasdaq under DGXX and on Cboe Canada under DGX. Shareholders are not required to take action, and the company will remain a reporting issuer under Canadian securities laws during the transition.
DigiPower X (Nasdaq:DGXX) announced that its previously disclosed settlement has closed and received final approval from the TSX Venture Exchange on February 17, 2026. In connection with the Settlement, DigiPower X issued a warrant exercisable for up to 269,231 subordinate voting shares at US$2.85 per share for five years.
The company also granted 200,000 stock options to certain directors: 100,000 at US$2.60 and 100,000 at US$6.00, expiring January 30, 2031, vesting fully on grant and subject to TSXV policies.
Digipower X (Nasdaq:DGXX) appointed Hans Vestberg, former Verizon chairman and CEO, as a senior advisor to its Advisory Board on February 2, 2026. Vestberg will advise on AI infrastructure deployment, distributed edge architectures, strategic partnerships, power optimization, Tier-3 reliability, and international site prioritization.
The company operates >200 MW online, claims development capacity for up to 1.5 GW, and is evaluating a 1.3 GW West Virginia site under a letter of intent. Digipower X promotes its ARMS platform to deliver Tier-3 modular AI data centers in ~180 days.