Digi Power X Inc. filings document material events for a British Columbia corporation operating in AI data center infrastructure. Recent Form 8-K reports cover Regulation FD disclosures, results of operations and financial condition, and material change reports furnished in connection with Canadian securities filings.
The filing record also documents definitive agreements tied to AI colocation capacity, bare metal GPU rental activity, and the company’s at-the-market equity program for subordinate voting shares. Related disclosures address Form S-3 registration and prospectus supplement activity, emerging growth company status, capital structure, and governance context for the company’s public securities.
Digi Power X Inc. reported second quarter 2026 results that highlight its transition into an AI infrastructure business. For Q2 2026, the company generated approximately $6.6 million in revenue and recorded a GAAP net loss of $14.4 million. After adding back non-cash and non-core items, including share-based compensation, crypto revaluation and warrant fair value changes, Adjusted EBITDA was $3.3 million, indicating positive earnings on this non-GAAP basis.
Management reports approximately $1.1 billion of contracted AI data center revenue from a 10-year agreement tied to its Columbiana, Alabama Tier III facility, with potential expansion to about $2.5 billion. The company cites roughly $150 million of cash and no debt, plus around $30 million invested in GPU infrastructure representing 0.6 MW that generated about $1.1 million of AI compute revenue in Q2. Digi Power X targets an annualized revenue run-rate of $250–$300 million by Q3 2027, including roughly $140 million from contracted revenue and additional contributions from 40 MW of colocation and 10 MW of GPU bare-metal capacity, subject to execution, financing and customer ramp.
Digi Power X Inc. plans to release financial results for its fiscal second quarter ended June 30, 2026 on August 14, 2026. On the same day, executives will provide an operations update and host a conference call at 8:30 a.m. Eastern Time, open to all interested investors.
Digi Power X operates a vertically integrated portfolio of power assets and AI data center capacity in Alabama, New York, and North Carolina. Its NeoCloudz platform delivers GPU-as-a-Service on dedicated, bare metal NVIDIA infrastructure, with results and updates to be posted on its website.
Digi Power X Inc. is registering for resale up to 380,590 subordinate voting shares issuable upon exercise of common share purchase warrants from its February 2025 private placement. These Resale Shares will be sold, if at all, by the selling securityholders in market or negotiated transactions.
The company is not selling shares in this offering and will receive no proceeds from any resale, though it may receive up to approximately $1,392,959 in gross proceeds if all related warrants are exercised for cash at an exercise price of $3.66 per share. Subordinate voting shares outstanding were 98,543,355 as of July 2, 2026, and would be 98,923,945 if all 380,590 warrants covered here are exercised.
The company is an energy infrastructure and data center operator serving high-performance computing, AI/GPU workloads, and bitcoin mining, with facilities in New York and Alabama. It is classified as both an emerging growth company and a smaller reporting company, which allows reduced U.S. public reporting requirements.
Digi Power X Inc. provided an operations and financial update focused on funding its AI data center expansion and setting 2027 goals. As of July 3, 2026, the Company held about $155 million in cash and cash equivalents and had deployed roughly $95 million of capital into its Alabama site year-to-date from internal resources.
Management highlighted continued execution on Tier 3 AI data center development, the NeoCloudz GPU-as-a-Service platform, and project-level financing for the next phase. Digi Power X also noted that the ARMS 200 modular unit at its Alabama facility has been operating at Tier 3 standards and generating AI-related revenue since May 15, 2026.
For fiscal 2027, the Company is targeting an annualized revenue run rate of approximately $250–$300 million across its three operating segments, while emphasizing that these targets depend on execution, customer ramp, financing availability and various outlined risks.
Digi Power X Inc. furnished a press release describing a major expansion of its AI infrastructure business. The company committed $35 million to purchase NVIDIA’s next-generation Vera Rubin systems to support its NeoCloudz GPU-as-a-Service platform, with initial deployment targeted for Q1 2027, subject to NVIDIA’s production and delivery schedule.
The press release notes that, as of June 3, 2026, Digi Power X held approximately $150 million in cash and cash equivalents and had deployed roughly $65 million of capital year-to-date into its Alabama site from internal resources. The company is also building its engineering and operations team at a new Silicon Valley office and highlighted executive participation at the Datacloud Global Congress 2026 conference.
Digi Power X Inc. reported first quarter 2026 results showing a GAAP net loss of $4.7 million but positive Adjusted EBITDA of $1.1 million as it pivots from legacy business lines toward AI compute infrastructure.
Management highlighted a strong liquidity position with approximately $125 million in cash, $15 million in digital assets and no long-term debt, alongside roughly $45 million of year-to-date capital expenditures at its Columbiana site. The NeoCloudz GPU cloud platform is live and generating initial AI revenue.
For fiscal 2027, the company is targeting total revenue of about $250–$300 million across three operating segments. Digi Power X also granted 650,000 stock options at C$9.84 per share and 1,730,000 restricted share units to officers, directors, management, consultants and employees.
Digi Power X Inc. reported a net loss of $4.65 million for the three months ended March 31, 2026, compared with a loss of $1.63 million a year earlier, as it transitions from Bitcoin mining toward AI-focused data centers. Revenue fell to $6.79 million from $9.28 million, mainly due to lower colocation revenue and minimal Bitcoin mining activity. The company generated $3.72 million from energy sales and $3.03 million from colocation services. Digi Power X ended the quarter with cash of $57.81 million, digital currencies of $13.56 million, and total assets of $126.93 million against total liabilities of $8.00 million, providing positive working capital of $67.22 million. Subsequent to quarter-end, it signed a 10‑year Cerebras data center agreement with an initial contract value of about $1.1 billion and expanded its at‑the‑market equity program to $175 million, issuing 19.95 million shares for proceeds of $102.86 million.
Digi Power X Inc. reports institutional holdings disclosed on a joint Schedule 13G. The filing shows Citadel-related reporting persons hold shared voting and dispositive power over 2,391,705, 740,400, 1,158,986 and 3,550,691 Subordinate Voting Shares, respectively. The filing cites 72,826,680 Shares outstanding as of April 27, 2026.
The statement describes ownership through entities including Citadel Multi-Strategy Equities (Ireland) DAC, Citadel Securities affiliates and Mr. Kenneth Griffin, and clarifies that the filing does not itself concede beneficial ownership beyond the securities actually owned by each reporting person.
Digi Power X Inc. increased the size of its at-the-market equity program to US$175,000,000 of subordinate voting shares through a new prospectus supplement. This total includes US$75,000,000 previously covered, of which US$72,363,650 has already been sold.
Shares may be sold from time to time on U.S. markets through A.G.P./Alliance Global Partners, with no sales in Canada or to known Canadian residents. The company plans to use any net proceeds mainly for general corporate purposes, including funding operations and working capital, building Tier 3 data centers, repaying debt, and pursuing acquisitions to expand its AI and high-performance computing infrastructure.
DIGI POWER X Inc. supplements its at-the-market program to increase the maximum offering capacity to $175,000,000 of subordinate voting shares under an amended ATM Agreement. The supplement notes the ATM includes a prior $75,000,000 tranche, of which $72,363,650 had been sold before this supplement.
The company sells SV Shares through A.G.P./Alliance Global Partners as sales agent at a 3.0% commission. The SV Shares trade on Nasdaq under the symbol DGXX, with the last reported Nasdaq sale price of $6.19 per share.