Datacentrex Reports 48% Quarter-Over-Quarter Gross Profit Growth; Revenue Up 27%

Rhea-AI Summary

Datacentrex (Nasdaq: DTCX) reported unaudited third-quarter 2025 results for its Dogehash subsidiary showing a 48% quarter-over-quarter gross profit increase to $1,450,986 and 27% revenue growth to $2,449,482 for the three months ended September 30, 2025.

Active digital asset mining capacity more than doubled to approximately 3,100 miners, with an additional 1,000 ASIC miners on order for deployment in H1 2026. Cash and digital asset holdings exceeded $47.5 million at quarter end. Management cited expanded capacity and favorable Dogecoin spot prices as drivers and expects continued production growth through 2026.

Positive

• Gross profit +48% QoQ to $1,450,986
• Revenue +27% QoQ to $2,449,482
• Active mining fleet > 3,100 miners (more than doubled)
• Cash + digital assets > $47.5M at September 30, 2025

Negative

• Gross profit benefited from favorable Dogecoin spot prices, creating price sensitivity
• 1,000 ASIC miners on order for H1 2026 deployment, exposing results to execution timing risk
• Revenue largely driven by digital asset production, indicating concentration risk

Key Figures

Cumulative revenue $4.5 million From inception to September 30, 2025

Gross profit growth 48% Q3 2025 over Q2 2025

Q3 2025 gross profit $1,450,986 Three months ended September 30, 2025

Q3 2025 revenue $2,449,482 Three months ended September 30, 2025

Q2 2025 revenue $1,928,588 Prior quarter comparison for Q3 2025

Active miners Approximately 3,100 miners Online digital asset mining capacity at Q3 2025 end

Cash balance More than $44 million Cash as of September 30, 2025

Digital assets Over $3.5 million Digital assets as of September 30, 2025

Market Reality Check

$3.11 Last Close

Volume Pre-news volume of 247,647 shares is below the 417,921 share 20-day average, indicating muted trading activity ahead of the announcement. low

Technical Shares traded below the 200-day MA, at $3.24 versus the $3.50 200-day moving average before this news.

Peers on Argus

No peers from the stated sector appeared in the momentum scanner and no same-day peer headlines were flagged, suggesting pre-news trading was driven by stock-specific factors rather than a sector-wide move.

Market Pulse Summary

This announcement highlights strong quarter-over-quarter performance, including 48% gross profit growth, a 27% revenue increase to about $2.45 million, and an expanded fleet of roughly 3,100 Scrypt ASIC miners. A cash position above $44 million and over $3.5 million in digital assets provide financial flexibility. With no recent news history provided, investors may focus on future production trends, capital deployment, and execution of planned fleet expansion through 2026.

Key Terms

digital asset mining technical

"This increase in gross profit was driven by expanded digital asset mining capacity"

Digital asset mining is the process of using specialized computer hardware and software to create or validate digital tokens and keep decentralized ledgers running, most commonly for cryptocurrencies. It matters to investors because mining is how new tokens enter circulation and how networks stay secure, and the activity directly affects a firm’s revenue, costs (power and equipment), and exposure to price swings, regulatory changes, and environmental scrutiny — like running a factory that converts electricity into sellable goods.

scrypt asic miners technical

"The company currently operates approximately 3,100 Scrypt ASIC miners across four diversified data centers"

Scrypt ASIC miners are specialized computer chips and machines built to run the scrypt cryptographic algorithm used by certain cryptocurrencies, meaning they perform one kind of calculation much faster and more efficiently than general-purpose computers. For investors, they matter because their availability, cost, and energy efficiency affect how profitable mining is, influence network security and coin supply dynamics, and can shift competitive advantage in the mining industry.

digital assets financial

"more than $44 million in cash and over $3.5 million in digital assets"

Digital assets are electronic files or representations of value stored electronically, such as cryptocurrencies, digital tokens, or digital art. They matter to investors because they can be bought, sold, and used for transactions much like physical assets, but exist entirely in digital form, offering new opportunities for investment and financial innovation.

AI-generated analysis. Not financial advice.

• Revenue grew to $4.5 Million from inception to September 30, 2025
  
  
• Revenue grew 27% Quarter-Over-Quarter
  
  
• Digital Asset Mining Infrastructure More Than Doubled Quarter-Over-Quarter
  
  

CARSON CITY, Nev., Dec. 23, 2025 (GLOBE NEWSWIRE) -- Datacentrex, Inc. (“Datacentrex” or the “Company”) (Nasdaq: DTCX), a diversified technology-driven enterprise, today reported the unaudited results of operations for its recently acquired wholly-owned subsidiary Dogehash Technologies, Inc. highlighted by a 48% third quarter-over-second quarter 2025 increase in gross profit to $1,450,986 from $977,066 for the three-month period ending September 30, 2025. This increase in gross profit was driven by expanded digital asset mining capacity combined with favorable spot prices of Dogecoin during the quarter.

Third Quarter 2025 Highlights (unaudited)

• Gross profit increased 48% quarter-over-quarter to $1.45 million
  
  
• Revenue grew 27% quarter-over-quarter to $2.45 million
  
  
• Active digital asset mining capacity more than doubled to approximately 3,100 miners
  
  
• Cash and digital assets holdings of the Company exceeded $47.5 million as of September 30, 2025
  
  

“During the third quarter, we successfully executed a significant expansion of our mining footprint, increasing our online mining footprint from approximately 1,500 to more than 3,100 at quarter end,” said Parker Scott, Chief Executive Officer of Datacentrex. “This disciplined deployment of additional capacity translated directly into meaningful gross profit growth. As we continue to optimize our infrastructure and power economics, we believe we are well positioned to drive sustainable shareholder value.”

Revenues grew 27% quarter-over-quarter to $2,449,482 from $1,928,588 for the three-month period ended September 30, 2025. The increase was primarily driven by higher digital asset production resulting from the expanded mining fleet.

The company currently operates approximately 3,100 Scrypt ASIC miners across four diversified data centers in North America. An additional 1,000 ASIC miners are on order and expected to be deployed in the first half of 2026, which would expand the Company’s mining fleet to more than 4,100 miners.

Datacentrex ended the quarter with a strong balance sheet, including more than $44 million in cash and over $3.5 million in digital assets, providing significant financial flexibility to support continued operational growth and strategic initiatives.

The Company expects continued growth in digital asset production through 2026, supported by energy-efficient hardware, low-cost power sourcing, and a scalable infrastructure footprint.

About Datacentrex, Inc.

Datacentrex, Inc. is a diversified technology-driven enterprise operating a digital asset mining business and transitioning to potential high-growth sectors including digital-asset infrastructure, data-center operations and quantum-computing-adjacent technologies. Datacentrex, Inc. intends to pursue selective investments, partnerships, and acquisitions to drive innovation and value creation. All information herein is unaudited, subject to routine year-end adjustment.

Forward-Looking Statements Disclaimer

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this press release, including statements regarding Datacentrex’s future financial condition, results of operations, business operations and business prospects, are forward-looking statements. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements are subject to important factors, risks, uncertainties, and assumptions, including industry and economic conditions that could cause actual results to differ materially from those described in the forward-looking statements. Such factors, risks, uncertainties and assumptions include, but are not limited to, Datacentrex’s ability to successfully achieve its strategic initiatives, including its expectation that it will be able to secure additional miners; unexpected costs, charges or expenses resulting from the merger; potential adverse reactions or changes to business relationships resulting from the completion of the merger; risks related to the inability of Datacentrex to successfully operate as a combined business; risks associated with the possible failure to realize certain anticipated benefits of the merger, including with respect to future financial and operating results; competition in Datacentrex’s markets; risks associated with Datacentrex’s investment strategy, including digital asset market volatility, cybersecurity and custody of digital assets, potential changes in laws or accounting standards relating to digital assets and regulatory developments affecting digital assets; and volatility of Datacentrex’s stock price. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission (the "SEC"), including in the Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. Investors and security holders are urged to read these documents free of charge on the SEC's website at: http://www.sec.gov. The risks and uncertainties that Datacentrex has described are not the only ones Datacentrex faces. Additional risks and uncertainties not presently known to Datacentrex or that Datacentrex currently deems immaterial may also affect Datacentrex’s operations. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although the Company believes that its plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, it can give no assurances that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond the Datacentrex’s control) and assumptions that could cause actual results to differ materially from historical experience. Actual results may differ materially from those in the forward-looking statements and the trading price for Datacentrex’s common stock may fluctuate significantly Except as required by law, Datacentrex undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

Company Contact
Datacentrex Investor Relations
ir@datacentrex.com
800-403-6150

Media Contact
Jessica Starman
media@datacentrex.com

FAQ

What were Datacentrex (DTCX) third quarter 2025 revenue and gross profit?

Third quarter 2025 revenue was $2,449,482 and gross profit was $1,450,986.

How many miners did Datacentrex (DTCX) operate at September 30, 2025?

Datacentrex operated approximately 3,100 Scrypt ASIC miners across four North American data centers.

How much cash and digital assets did Datacentrex (DTCX) report at quarter end?

Cash plus digital asset holdings exceeded $47.5 million as of September 30, 2025.

What expansion did Datacentrex (DTCX) announce for its mining fleet?

The company has 1,000 ASIC miners on order, expected to be deployed in the first half of 2026, expanding the fleet to >4,100 miners if delivered.

What drove Datacentrex (DTCX) gross profit growth in Q3 2025?

Management attributed the 48% gross profit increase to expanded mining capacity and favorable Dogecoin spot prices.

Does Datacentrex (DTCX) expect continued production growth in 2026?

Yes; the company expects continued digital asset production growth through 2026 supported by energy-efficient hardware and low-cost power sourcing.