Digi Power X bets big on next-gen data centers
The next wave of artificial intelligence infrastructure won't come from tech giants alone—but from nimble operators who already own the power. Take Digi Power X Inc (NASDAQ:DGXX, TSX-V:DGX), a Miami-based, NASDAQ- and Toronto-listed company that has spent the past eight years mining Bitcoin and quietly building out a power generation footprint.
Digi Power X unveils $15M registered direct offering
Digi Power X Inc (NASDAQ:DGXX, TSX-V:DGX) announced that it has entered into a definitive securities purchase agreement to raise approximately US $15 million in gross proceeds through a registered direct offering of common stock. The offering involves the sale of approximately 4.8 million shares, or pre-funded warrants in lieu thereof, at US$3.12 per share to a single new fundamental institutional investor.
Digi Power X rolls out Nvidia-powered ARMS pods – ICYMI
Digi Power X Inc (NASDAQ:DGXX, TSX-V:DGX) executive chairman Edward Karr talked with Proactive about a significant milestone for the company — the formal purchase order of modular Tier III data center pods from Supermicro, featuring Nvidia's powerful B200 Blackwell chips. The AI-ready ARMS pods mark a strategic transformation for Digi Power X, as the company transitions its Alabama Bitcoin mining operation into scalable Tier III data center infrastructure.
Digi Power X shares jump on debt settlement with NANO Nuclear, AI infrastructure progress
Shares of Digi Power X Inc (NASDAQ:DGXX, TSX-V:DGX) surged 14.6% on Thursday after the energy infrastructure company announced a debt settlement agreement with NANO Nuclear Energy. Under the agreement, Digi Power X will issue 109,677 subordinate voting shares at a deemed price of C$3.10 per share to NANO Nuclear in exchange for settling $250,000 in liabilities tied to consulting services.
Digi Power X: Its Niche Could Propel It To The Next Level
Digi Power X is pivoting from crypto mining to AI infrastructure, leveraging its own power plant and modular data centers for a unique competitive edge. Recent partnerships with Super Micro and strong financials—$9.3M cash, no debt, and 23% monthly revenue growth—underscore their execution and momentum. Owning power generation is a major advantage as AI infrastructure demand surges; the company is well-positioned to serve smaller AI players profitably.
Digi Power X lifts reserves and ramps up AI infrastructure push
Shares in Digi Power X Inc (NASDAQ:DGXX, TSX-V:DGX), the energy infrastructure firm, rose 8% after it reported a 45% month-on-month jump in its cash and cryptocurrency holdings, fuelled by higher bitcoin output and energy sales during June. The Nasdaq-listed group, which develops and operates data centres, said its combined position of cash, bitcoin and cash deposits rose to $13.5 million at the end of June, up from $9.3 million the previous month.
Should You Buy Digi Power X Inc. (DGXX) After Golden Cross?
From a technical perspective, Digi Power X Inc. (DGXX) is looking like an interesting pick, as it just reached a key level of support. DGXX's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.
Digi Power X Inc. (DGXX) Reports Q1 Loss, Lags Revenue Estimates
Digi Power X Inc. (DGXX) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.42. This compares to earnings of $0.17 per share a year ago.
