Welcome to our dedicated page for Digi Power X news (Ticker: DGXX), a resource for investors and traders seeking the latest updates and insights on Digi Power X stock.
Digi Power X Inc. (DGXX) generates frequent news as it executes a strategy focused on AI-ready Tier III data centers, GPU infrastructure and energy-backed compute capacity. Company announcements describe a transition from a solely digital asset mining business toward a power-backed AI infrastructure and Tier III data-center platform, while continuing to mine digital currencies and operate colocation services.
Recent news releases highlight deployment of the ARMS 200 modular AI data center platform, implementation of NVIDIA B200 GPU clusters at a Tier III Alabama campus and a definitive agreement to acquire next-generation NVIDIA B300 GPUs from Super Micro Computer, Inc. These updates explain how Digi Power X plans to use its ARMS architecture and NeoCloudz GPU-as-a-Service platform to support AI training, inference, generative AI and enterprise workloads.
Investors following DGXX news can also track developments in the company’s power portfolio and strategic partnerships. Disclosures include secured megawatt capacity at Alabama and New York sites, anticipated capacity in North Carolina and a non-binding letter of intent with Omnis Pleasants LLC, owner of the 1.3 GW Pleasants Power Station in West Virginia, to study long-term power availability for AI and high-performance computing infrastructure.
Other recurring news themes include liquidity and balance sheet updates, at-the-market equity program activity, digital currency production and holdings, executive appointments and progress on patent filings for the ARMS 200 platform. This news page allows readers to review how Digi Power X communicates its AI infrastructure roadmap, energy strategy and digital asset operations over time.
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.
Digi Power X (Nasdaq: DGXX / TSXV: DGX), a company focused on developing innovative energy infrastructure and data centers, has scheduled the release of its Q4 and full-year 2024 financial results for March 31, 2025, after market close. The announcement will include both financial performance data and an operational update.
Digi Power X, a data center and energy infrastructure company, has announced a ticker symbol change on the Nasdaq Stock Exchange from DGHI to DGXX, effective March 18, 2025. The change aims to improve brand alignment between the company's stock and corporate identity.
The company's shares will continue trading on the TSX Venture Exchange under the symbol DGX. Existing shareholders are not required to take any action, as the CUSIP number remains unchanged and previously issued share certificates are unaffected by this symbol change.