Ticker history: DGHI became DGXX (Digi Power X Inc.) on . Earlier news and filings retain their original names and dates. View DGHI history.
Why Was DGXX Stock Down on Friday?
AI-generated explanation by Rhea-AI, written on at . How Rhea-AI works. Not financial advice.
What Changed
Price Move History
- Daily moves over 5%
- 91 252 sessions, November 13, 2025 to November 13, 2026
- Largest daily move
- +29.4% close of May 5, 2026
- 1-year change
- -37.9% closing prices, November 13, 2025 to November 13, 2026
- 1-month change
- -23% closing prices, October 13, 2026 to November 13, 2026
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.
Stock Performance
Digi Power X (DGXX) closed at $2.28 on November 13, 2026. Over the past 12 months, the price has lost 37.9%.
DGXX Metrics & Rankings
Price returns through November 13, 2026. Month and year figures include the first trading day. Ranking links may use different dates.
Latest News
Digi Power X has 10 recent news articles, with the latest published yesterday. Of the recent coverage, 5 articles coincided with positive price movement and 4 with negative movement. Key topics include AI, earnings date, earnings, offering. View all DGXX news →
SEC Filings
Digi Power X has filed 10 recent SEC filings, including 3 Form 4, 1 Form 10-Q, 1 Form 8-K, 1 Form DEF 14A. The most recent filing was submitted on . SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all DGXX SEC filings →
Insider Radar
Insider buying activity at Digi Power X over the past 90 days may reflect management confidence in the company's direction. Institutional investors and analysts often monitor insider purchases as a potential bullish indicator for the stock.
Financial Highlights
Digi Power X generated $34.2M in revenue in FY2025, retaining a -9.4% gross margin, and net income was -$28.4M, reflecting a -82.9% net profit margin. Diluted earnings per share stood at -$0.64. The company generated -$25.5M in operating cash flow. The current ratio was 10.97, measuring current assets divided by current liabilities.
Upcoming Events
Q3 2026 Results Release
Alabama data center delivery
Alabama AI data center Phase 1
Phase 1 completion
Phase 1 ready-for-service
Columbiana Phase 1 billing
Initial Vera Rubin deployment
Full 40 MW completion
Additional GPU capacity
Alabama AI data center Phase 2
Full 40 MW operational target
195MW capacity target
Phase 2 tenant access
Alabama data center delivery
Phase 2 completion
Q3 2027 run-rate target
Revenue run-rate target
Digi Power X has 17 upcoming scheduled events. 1 of them is an earnings release or call. 2 of them are financing or capital events, such as a dividend or a debt maturity. Investors can track these dates to stay informed about potential catalysts that may affect the DGXX stock price.
Short Interest History
Short interest in Digi Power X (DGXX) currently stands at 6.3 million shares, up 22.6% from the previous reporting period, representing 6.9% of the float. Since November 2025, short interest has increased by 217.1%.
Days to Cover History
Days to cover for Digi Power X (DGXX) currently stands at 2.9 days, up 56.7% from the previous period. The ratio is the reported short interest divided by the average daily trading volume. Since November 2025, the figure has increased by 193%. Across the settlements charted above, it has ranged from 1.0 to 3.7 days.
DGXX Company Profile & Sector Positioning
Digi Power X (DGXX) operates in the Utilities - Independent Power Producers industry within the broader Utilities sector and is listed on the NASDAQ.
Investors comparing DGXX often look at related companies in the same sector, including Hallador Energy Company (HNRG), Global Water Resources, Inc. (GWRS), Terra Innovatum Global N.V. (NKLR), RGC Resources Inc (RGCO), and Ellomay Capital LTD (ELLO). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate DGXX's relative position within its industry.
Digi Power X Inc. (DGXX) reported higher third-quarter revenue and AI revenue, but its$1.0 million net income was supported materially by digital-currency and warrant valuation gains, and it recorded a GAAP gross loss. The company’s 8-K also describes a Cerebras agreement with conditional second-phase terms and project financing subject to definitive documentation and other conditions.