Digihost to Develop High-Performance Computing and AI-Tier Data Centers Through Wholly-Owned Subsidiary, US Data Centers, Inc.
Digihost Technology (Nasdaq/TSXV: DGHI) has announced the formation of US Data Centers, a wholly-owned subsidiary focused on developing high-performance computing (HPC) and AI-focused data centers. The company plans to transform its existing Columbiana, Alabama site into a state-of-the-art Tier 3 data center in two phases:
Phase 1: 22 MW capacity, targeting completion in Q2 2026, with planned capital expenditure of $176 million
Phase 2: 33 MW capacity, targeting completion in Q1 2027, with planned capital expenditure of $264 million
The total project cost is estimated at $440 million, which the company plans to finance primarily through debt, leveraging anticipated future revenues. The initiative aims to meet growing demand for AI-driven computing power and cloud services, featuring advanced cooling technologies and sustainable energy strategies.
Digihost Technology (Nasdaq/TSXV: DGHI) ha annunciato la formazione di US Data Centers, una sussidiaria interamente controllata focalizzata sullo sviluppo di centri dati ad alte prestazioni e orientati all'IA. L'azienda prevede di trasformare il suo sito esistente a Columbiana, Alabama, in un centro dati di livello 3 all'avanguardia in due fasi:
Fase 1: capacità di 22 MW, con completamento previsto nel secondo trimestre del 2026, e una spesa in conto capitale pianificata di 176 milioni di dollari.
Fase 2: capacità di 33 MW, con completamento previsto nel primo trimestre del 2027, e una spesa in conto capitale pianificata di 264 milioni di dollari.
Il costo totale del progetto è stimato in 440 milioni di dollari, che l'azienda prevede di finanziare principalmente tramite debito, sfruttando i ricavi futuri attesi. L'iniziativa mira a soddisfare la crescente domanda di potenza di calcolo guidata dall'IA e servizi cloud, con tecnologie avanzate di raffreddamento e strategie energetiche sostenibili.
Digihost Technology (Nasdaq/TSXV: DGHI) ha anunciado la formación de US Data Centers, una subsidiaria de propiedad total centrada en el desarrollo de centros de datos de alta computación (HPC) y orientados a la IA. La empresa planea transformar su sitio existente en Columbiana, Alabama, en un centro de datos de nivel 3 de última generación en dos fases:
Fase 1: capacidad de 22 MW, con un objetivo de finalización en el segundo trimestre de 2026, y un gasto de capital planificado de 176 millones de dólares.
Fase 2: capacidad de 33 MW, con un objetivo de finalización en el primer trimestre de 2027, y un gasto de capital planificado de 264 millones de dólares.
El costo total del proyecto se estima en 440 millones de dólares, que la empresa planea financiar principalmente a través de deuda, aprovechando los ingresos futuros anticipados. La iniciativa tiene como objetivo satisfacer la creciente demanda de poder de computación impulsado por IA y servicios en la nube, con tecnologías avanzadas de refrigeración y estrategias de energía sostenible.
Digihost Technology (Nasdaq/TSXV: DGHI)는 US Data Centers의 설립을 발표했습니다. 이 자회사는 고성능 컴퓨팅(HPC) 및 AI 중심의 데이터 센터 개발에 초점을 맞추고 있습니다. 회사는 Alabama의 Columbiana에 있는 기존 사이트를 두 단계로 나누어 최첨단 3등급 데이터 센터로 탈바꿈시킬 계획입니다:
1단계: 22MW 용량, 2026년 2분기 완료 목표, 계획된 자본 지출 1억 7600만 달러
2단계: 33MW 용량, 2027년 1분기 완료 목표, 계획된 자본 지출 2억 6400만 달러
프로젝트 총 비용은 4억 4000만 달러로 추정되며, 회사는 향후 예상 수익을 활용하여 주로 부채를 통해 자금을 조달할 계획입니다. 이 이니셔티브는 AI 기반의 컴퓨팅 파워 및 클라우드 서비스에 대한 증가하는 수요를 충족하기 위해 고급 냉각 기술과 지속 가능한 에너지 전략을 특징으로 합니다.
Digihost Technology (Nasdaq/TSXV: DGHI) a annoncé la formation de US Data Centers, une filiale entièrement détenue axée sur le développement de centres de données à haute performance (HPC) et orientés vers l'IA. L'entreprise prévoit de transformer son site existant à Columbiana, Alabama, en un centre de données de niveau 3 à la pointe de la technologie en deux phases :
Phase 1 : capacité de 22 MW, avec un achèvement prévu au 2ème trimestre 2026, et des dépenses d'investissement prévues de 176 millions de dollars.
Phase 2 : capacité de 33 MW, avec un achèvement prévu au 1er trimestre 2027, et des dépenses d'investissement prévues de 264 millions de dollars.
Le coût total du projet est estimé à 440 millions de dollars, que l'entreprise prévoit de financer principalement par le biais de dettes, en tirant parti des revenus futurs anticipés. L'initiative vise à répondre à la demande croissante de puissance de calcul alimentée par l'IA et de services cloud, avec des technologies de refroidissement avancées et des stratégies énergétiques durables.
Digihost Technology (Nasdaq/TSXV: DGHI) hat die Gründung von US Data Centers angekündigt, einer hundertprozentigen Tochtergesellschaft, die sich auf den Ausbau von Hochleistungsrechenzentren (HPC) und KI-fokussierten Datenzentren konzentriert. Das Unternehmen plant, seinen bestehenden Standort in Columbiana, Alabama, in zwei Phasen in ein modernes Tier-3-Datenzentrum umzuwandeln:
Phase 1: 22 MW Kapazität, Ziel für den Abschluss im 2. Quartal 2026, mit geplanten Investitionsausgaben von 176 Millionen Dollar.
Phase 2: 33 MW Kapazität, Ziel für den Abschluss im 1. Quartal 2027, mit geplanten Investitionsausgaben von 264 Millionen Dollar.
Die Gesamtkosten des Projekts werden auf 440 Millionen Dollar geschätzt, die das Unternehmen hauptsächlich durch Schulden finanzieren möchte, indem es zukünftige Einnahmen nutzt. Das Vorhaben zielt darauf ab, der wachsenden Nachfrage nach KI-gesteuerter Rechenleistung und Cloud-Diensten gerecht zu werden und umfasst fortschrittliche Kühltechnologien sowie nachhaltige Energie-Strategien.
- Strategic expansion into high-growth AI and HPC data center market
- Clear development timeline with 55 MW total planned capacity
- Existing facility in Alabama provides immediate development opportunity
- Project to be primarily debt-financed, reducing equity dilution risk
- Significant capital expenditure requirement of $440 million
- Heavy reliance on debt financing and future revenue projections
- Extended timeline to completion (2026-2027) before revenue generation
- Execution risk in transitioning from current operations to data center business
Insights
The formation of US Data Centers marks a transformative strategic pivot for Digihost, representing a calculated move into the high-growth AI infrastructure sector. The planned
Key strategic elements warrant careful analysis:
- Infrastructure Scale: The 55MW total capacity positions the facility in the mid-tier data center market, with phased development mitigating execution risk while allowing for market adaptation.
- Tier 3 Certification: This classification guarantees
99.982% uptime and concurrent maintainability, critical for AI workloads requiring uninterrupted computing power. - Financial Strategy: The debt-financing approach, while ambitious given DGHI's market cap, indicates strong confidence in securing long-term contracts. This suggests possible pre-commitments from potential clients, though not explicitly stated.
- Market Timing: The 2026-2027 completion timeline aligns with projected AI infrastructure demand growth, potentially capturing premium pricing in an undersupplied market.
However, investors should note significant execution risks: the company's experience in data center operations, substantial leverage requirements and potential construction/supply chain challenges. The success hinges on securing favorable financing terms and maintaining consistent project timelines in a complex regulatory environment.
The technical architecture of this project reveals strategic foresight in several critical areas:
- Power Density Optimization: The 55MW capacity, split between 22MW and 33MW phases, suggests planning for high-density AI computing racks, typically requiring 20-50kW per rack compared to traditional 5-10kW configurations.
- Infrastructure Resilience: Tier 3 certification mandates N+1 redundancy across all critical systems, ensuring sustained operations during maintenance - important for AI workload consistency.
- Location Advantage: Alabama's climate requires sophisticated cooling solutions, but offers potential power cost benefits and natural disaster resilience compared to traditional data center hubs.
The facility's specifications align with next-generation AI infrastructure requirements, particularly for large language model training and inference workloads. However, success will depend heavily on implementing advanced cooling technologies and achieving optimal Power Usage Effectiveness (PUE) ratios to maintain competitive operating costs.
MIAMI, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Digihost Technology Inc. (“Digihost” or the “Company”) (Nasdaq / TSXV: DGHI), is proud to announce the formation of US Data Centers, Inc. (“US Data Centers”), a wholly-owned subsidiary of the Company which will be dedicated to the development of high-performance computing (“HPC”) and artificial intelligence (“AI”)-focused data centers. The new US Data Centers website can be found at www.usdatacenters.ai.
A Purpose-Built AI and HPC Data Center Platform
With the launch of US Data Centers, Digihost is creating a dedicated platform focused entirely on delivering AI and HPC solutions, ensuring purpose-built infrastructure for the next generation of computing. As its first major initiative, US Data Centers plans to lead the transformation of the Company’s existing site in Columbiana, Alabama into a state-of-the-art Tier 3 data center designed to support next-generation AI and HPC workloads.
The project is planned to be executed in two phases, with a total aggregate planned capacity of 55 MW. The first phase is expected to result in 22 MW of HPC capacity, with a target completion date during the second quarter of 2026 and requiring planned capital expenditures of approximately
This strategic investment underscores Digihost’s commitment to expanding its infrastructure to meet the growing demand for AI-driven computing power and cloud services. US Data Centers was formed to transform the Alabama facility by integrating scalable computing power with energy-efficient solutions, ensuring performance, reliability, and sustainability for enterprises, research institutions, and AI-driven businesses.
“The rapid growth of AI applications requires robust, high-performance infrastructure, and this strategic investment will help us meet that demand with a Tier 3-certified, AI-optimized facility designed for scalability and efficiency,” said Michel Amar, CEO of Digihost.
The launch of US Data Centers comes at a pivotal moment, as AI adoption accelerates and the demand for high-density, low-latency computing power continues to rise. The surge in AI models and cloud computing has created unprecedented demand for HPC-optimized infrastructure, making scalable, energy-efficient data centers a critical requirement for businesses at the forefront of innovation.
By establishing US Data Centers as a wholly-owned subsidiary, Digihost is reinforcing its commitment to delivering the next generation of computing infrastructure. Upon completion of the project, the Alabama facility is expected to leverage advanced cooling technologies, sustainable energy strategies and Tier 3 certification to create a resilient, cost-effective AI data center ecosystem. As US Data Centers expands, Digihost will continue exploring partnerships, enterprise collaborations and customer acquisition opportunities to support its vision of becoming a leader in AI-ready infrastructure.
For more information, visit www.usdatacenters.ai.
About Digihost
Digihost is an innovative infrastructure and technology company focused on blockchain, high-performance computing and artificial intelligence data centers. Digihost is committed to delivering scalable, sustainable, and efficient solutions to power the future of digital transformation.
For further information, please contact:
Michel Amar, Chief Executive Officer
Digihost Technology Inc.
www.digihostpower.com
Digihost Investor Relations
T: 888-474-9222
Email: IR@digihostpower.com
Cautionary Statement
Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Except for the statements of historical fact, this news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. Forward-looking information in this news release includes information about potential further improvements to profitability and efficiency across mining operations, including, as a result of the Company’s expansion efforts, potential for the Company’s long-term growth and clean energy strategy, and the business goals and objectives of the Company. Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to: future capital needs and uncertainty of additional financing; share dilution resulting from equity issuances; risks relating to the strategy of maintaining and increasing Bitcoin holdings and the impact of depreciating Bitcoin prices on working capital; effects on Bitcoin prices as a result of the most recent Bitcoin halving; conversion of existing facilities to a Tier 3 data center facility may not be completed on the timelines anticipated by the Company or at all; risks relating to an inability to apply the Company’s facilities to HPC and/or AI opportunities on a profitable basis; a failure to secure long-term contracts associated with HPC and/or AI customers on terms acceptable to the Company or at all; obtaining a Tier 3-certification for the Company’s data center facilities may not occur on the timelines anticipated or at all; uncertainty of obtaining additional funding to meet planned expenditures; development of additional facilities and installation of infrastructure to expand operations may not be completed on the timelines anticipated by the Company, or at all; ability to access additional power from the local power grid and realize the potential of the clean energy strategy on terms which are economic or at all; a decrease in cryptocurrency pricing, volume of transaction activity or generally, the profitability of cryptocurrency mining; further improvements to profitability and efficiency may not be realized; development of additional facilities to expand operations may not be completed on the timelines anticipated by the Company; ability to access additional power from the local power grid; an increase in natural gas prices may negatively affect the profitability of the Company’s power plant; the digital currency market; the Company’s ability to successfully mine digital currency on the cloud; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company’s operations; the volatility of digital currency prices; and other related risks as more fully set out in the Annual Information Form of the Company and other documents disclosed under the Company’s filings at www.sedarplus.ca and www.SEC.gov/EDGAR. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about: the Company’s ability to convert its existing facilities into a Tier 3 data center facility; the Company’s ability to secure long-term contracts associated with HPA and/or AI customers; the required expenditures to complete the proposed data center conversion project; the availability of funding proposed construction and project completion; the current profitability in mining cryptocurrency (including pricing and volume of current transaction activity); profitable use of the Company’s assets going forward; the Company’s ability to profitably liquidate its digital currency inventory as required; historical prices of digital currencies and the ability of the Company to mine digital currencies on the cloud will be consistent with historical prices; the ability to maintain reliable and economical sources of power to run its cryptocurrency mining assets; the negative impact of regulatory changes in the energy regimes in the jurisdictions in which the Company operates; and there will be no regulation or law that will prevent the Company from operating its business. The Company has also assumed that no significant events occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainties therein. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.
FAQ
What is the total capacity and cost of DGHI's new Alabama data center project?
When will DGHI complete Phase 1 of its Alabama data center development?
How much will Phase 2 of DGHI's data center project cost?
How is DGHI planning to finance its new data center project?
What type of certification will DGHI's new Alabama facility have?
