Company Description
Digi Power X Inc. (Nasdaq: DGXX) is a digital and energy infrastructure company focused on the development, deployment and operation of AI‑ready Tier III data centers and high‑performance computing platforms. The company describes itself as an energy infrastructure business that develops Tier III‑certified modular AI data centers and drives the expansion of sustainable energy assets. Digi Power X is also transitioning from a solely digital asset mining‑focused business toward a power‑backed AI infrastructure and Tier III data‑center platform positioned to serve growing demand for AI compute while maintaining its digital asset mining activities.
Core business and AI infrastructure strategy
Digi Power X’s strategy centers on pairing secured, grid‑connected power capacity with modular, AI‑optimized data center infrastructure. Through its wholly owned subsidiary US Data Centers Inc., the company has designed and built the ARMS (AI‑Ready Modular Solution) platform, a standardized Tier III modular data center architecture. The flagship configuration, ARMS 200, is described as a modular Tier III AI data‑center pod designed to rapidly deploy data center capacity optimized for high‑density AI and enterprise workloads.
The ARMS architecture is designed for high‑density GPU cluster integration, liquid cooling, low‑latency networking, Tier III redundancy across all pathways and multi‑megawatt scalability at each location. Digi Power X has filed patent applications with the United States Patent and Trademark Office covering key elements of the ARMS 200 platform, including a modular structural frame system, integrated liquid‑cooling configuration, Tier III redundant power and networking pathways and scalable multi‑megawatt deployment configurations.
Power portfolio and data center footprint
Digi Power X emphasizes control over power as a foundation for its AI data‑center growth. The company reports secured and available power capacity across several U.S. locations, including an Alabama site and New York sites, with additional anticipated capacity in North Carolina. It has highlighted secured megawatt capacity in North Tonawanda and Buffalo in upstate New York, as well as a Tier III AI data‑center site under development in Alabama featuring dual‑path power and GPU cluster readiness.
The company has also disclosed an anticipated roadmap for allocating existing power assets toward AI‑driven projects, reflecting a phased deployment plan for Tier III AI data center capacity. This roadmap is part of Digi Power X’s broader transition from cryptocurrency mining to AI‑optimized critical load infrastructure, while still operating digital asset mining and colocation activities.
NeoCloudz GPU‑as‑a‑Service platform
A key component of Digi Power X’s business model is NeoCloudz, its on‑demand GPU‑as‑a‑Service platform. According to company disclosures, NeoCloudz is designed to provide scalable access to GPU compute for AI startups, enterprise AI and machine learning teams, research institutions, developers and high‑performance computing workloads. The platform is built on a Super Micro Computer, Inc. (Supermicro) enterprise‑grade hardware backbone and is integrated directly into the ARMS modular architecture.
Digi Power X has announced a definitive agreement to acquire next‑generation NVIDIA B300 GPUs from Supermicro, in addition to the implementation of its first NVIDIA B200 GPU cluster at its Tier III Alabama campus. These GPU systems are intended to be deployed within Digi Power X’s Tier III AI data center infrastructure and made available through the NeoCloudz platform. The company has described NeoCloudz as a unified GPU‑as‑a‑Service platform operating across its Tier III facilities, targeting a range of AI workloads such as large language model training and inference, generative AI, data analytics and enterprise AI applications.
Modular data center products and partnerships
Digi Power X positions the ARMS 200 platform as the backbone of its transition from cryptocurrency mining to AI‑optimized infrastructure. The company reports that US Data Centers Inc. has completed design and build‑out of the ARMS 200 modular Tier III AI data‑center pod and has begun or planned deployment across its U.S. Tier III facilities. The ARMS product line is intended to support rapid deployment timelines and modular scalability.
Digi Power X has also disclosed a collaboration with Supermicro to integrate the ARMS 200 Tier III‑rated modular cluster line into Supermicro’s enterprise channel ecosystem. Under this arrangement, Digi Power X, through US Data Centers Inc., expects to market, distribute and scale ARMS clusters internationally, offering enterprise and government clients access to a validated, turnkey, AI‑ready Tier III modular data center solution built on Supermicro hardware. Company communications describe this as positioning ARMS as a globally deployable product line beyond Digi Power X’s internal footprint.
Energy infrastructure and strategic partnerships
In addition to data center development, Digi Power X describes itself as an energy infrastructure company that drives the expansion of sustainable energy assets. The company has announced a non‑binding letter of intent with Omnis Pleasants LLC, owner of the Pleasants Power Station, a 1.3 gigawatt power generation facility in West Virginia. The proposed strategic partnership contemplates a comprehensive load and interconnection study of up to 1.3 GW for energy‑intensive computing applications, a potential long‑term land lease for AI and advanced computing infrastructure using the ARMS modular Tier III data center platform, and a framework for potential equity alignment, including a possible equity ownership stake in the power plant entity, subject to definitive documentation and regulatory approvals.
Digi Power X has also referenced collaboration on a hydrogen‑transition feasibility study for its New York power assets, aligning with broader decarbonization and energy‑transition initiatives. These disclosures underscore the company’s focus on pairing large‑scale, grid‑connected power assets with next‑generation AI infrastructure.
Digital asset mining and liquidity
Alongside its AI infrastructure initiatives, Digi Power X continues to operate in the digital currency sector. Company updates describe revenue from digital currency mining, colocation services and energy or electricity sales. Digi Power X has reported holdings of Bitcoin (BTC) and Ethereum (ETH), including staking of ETH to generate rewards, and has highlighted the role of digital currency production and holdings in its liquidity position.
The company has emphasized a strong liquidity profile in the context of its AI infrastructure development plan, referencing cash, BTC, ETH and cash deposits and noting that it has no long‑term debt in certain periods disclosed. It has also discussed the use of an at‑the‑market equity offering program to raise capital for general corporate purposes, data center construction, potential acquisitions to expand mining capacity and build out its planned AI and high‑performance computing network.
Capital markets and corporate structure
Digi Power X Inc. is listed on the Nasdaq Capital Market under the symbol DGXX and on the TSX Venture Exchange under the symbol DGX. The company has filed a base shelf prospectus and related prospectus supplements in Canada, as well as a registration statement on Form F‑10 with the U.S. Securities and Exchange Commission, enabling offerings of subordinate voting shares under its at‑the‑market equity program. As a foreign private issuer, Digi Power X files Form 6‑K reports with the SEC to furnish press releases, financial statements, management’s discussion and analysis, and material change reports.
The company’s SEC filings reference its principal executive office in Toronto, Ontario, Canada. Digi Power X has also highlighted the role of its subsidiary US Data Centers Inc. in owning and commercializing the ARMS modular data center platform.
Business model and revenue drivers
Based on its public disclosures, Digi Power X’s business model combines energy infrastructure, AI‑optimized data centers and digital asset operations. Revenue sources described by the company include digital currency mining, colocation services, energy or electricity sales and, prospectively, AI colocation and GPU‑as‑a‑Service offerings through NeoCloudz. The company has outlined an AI transition plan for existing power assets, with a phased schedule for converting capacity into Tier III AI data center load.
Digi Power X has also discussed advanced negotiations with potential AI customers for long‑term infrastructure contracts, covering both AI data‑center colocation and GPU‑as‑a‑Service offerings. While the company notes that there is no guarantee such contracts will be finalized, these discussions illustrate how Digi Power X intends to monetize its AI infrastructure investments.
Risk profile and regulatory disclosures
Company news releases consistently include cautionary statements describing trading in Digi Power X securities as highly speculative. Forward‑looking statements highlight risks related to equipment delivery and system implementation, future capital needs and financing, share dilution, digital currency price volatility, profitability of cryptocurrency mining, access to additional power from local grids, regulatory changes in energy regimes, natural gas prices and the ability to execute on AI infrastructure deployment plans. These risks are further detailed in the company’s Annual Information Form and other filings available on Canadian and U.S. securities regulatory websites.
FAQs about Digi Power X Inc. (DGXX)
- What does Digi Power X Inc. do?
Digi Power X Inc. is an energy and digital infrastructure company that develops Tier III‑certified modular AI data centers and high‑performance computing platforms. It is transitioning from a solely digital asset mining‑focused business toward a power‑backed AI infrastructure and Tier III data‑center platform while maintaining digital asset mining operations. - How does Digi Power X participate in the AI infrastructure market?
The company participates in the AI infrastructure market through its ARMS (AI‑Ready Modular Solution) Tier III modular data center platform and its NeoCloudz GPU‑as‑a‑Service offering. ARMS 200 pods are designed for high‑density GPU clusters, liquid cooling and Tier III redundancy, while NeoCloudz is intended to provide scalable access to GPU compute for AI and high‑performance computing workloads. - What is the ARMS 200 platform?
ARMS 200 is Digi Power X’s flagship modular Tier III AI data‑center pod developed by its subsidiary US Data Centers Inc. It is designed as a standardized architecture that supports high‑density GPU integration, liquid cooling, low‑latency networking, redundant power and networking pathways and multi‑megawatt scalability. The company has filed patent applications covering key components of this architecture. - What is NeoCloudz?
NeoCloudz is Digi Power X’s GPU‑as‑a‑Service platform. According to company disclosures, it is built on a Supermicro enterprise‑grade backbone and integrated into the ARMS modular architecture to provide on‑demand GPU compute for AI startups, enterprise AI and machine learning teams, research institutions, developers and high‑performance computing workloads. - How is Digi Power X using NVIDIA GPUs?
Digi Power X has reported the completed implementation of its first NVIDIA B200 GPU cluster at its Tier III Alabama campus and has entered into an agreement to acquire next‑generation NVIDIA B300 GPUs from Supermicro. These GPU systems are intended to be deployed within the company’s Tier III AI data center infrastructure and offered through the NeoCloudz platform for AI training, inference and enterprise compute workloads. - What power assets does Digi Power X control?
The company has disclosed secured power capacity at sites in Alabama and New York, with additional anticipated capacity in North Carolina. It has referenced specific megawatt capacity in North Tonawanda and Buffalo in upstate New York and a Tier III AI data‑center site in Alabama. Digi Power X has outlined a phased deployment plan for converting this power into Tier III AI data center capacity. - Does Digi Power X still mine cryptocurrencies?
Yes. Company communications indicate that Digi Power X continues to mine digital currencies such as Bitcoin and holds BTC and ETH as part of its liquidity. It reports revenue from digital currency mining and colocation services and describes an ongoing transition from cryptocurrency mining to AI‑driven infrastructure rather than a complete exit from digital asset activities. - On which exchanges is Digi Power X listed?
Digi Power X Inc. is listed on the Nasdaq Capital Market under the ticker symbol DGXX and on the TSX Venture Exchange under the symbol DGX. The company has also established an at‑the‑market equity program under a Canadian base shelf prospectus and a U.S. registration statement on Form F‑10. - What regulatory filings does Digi Power X make in the United States?
As a foreign private issuer, Digi Power X files Form 6‑K reports with the U.S. Securities and Exchange Commission. These filings furnish press releases, condensed interim consolidated financial statements, management’s discussion and analysis, certifications of its chief executive officer and chief financial officer and material change reports, some of which are incorporated by reference into its registration statements. - How does Digi Power X describe the risk of investing in its securities?
In its news releases, Digi Power X states that trading in its securities should be considered highly speculative. It identifies numerous risk factors, including digital currency price volatility, equipment delivery and implementation risks, financing and dilution risks, energy market and regulatory risks and uncertainties related to the execution of its AI infrastructure strategy.