Welcome to our dedicated page for Digi Power X news (Ticker: DGXX), a resource for investors and traders seeking the latest updates and insights on Digi Power X stock.
Digi Power X Inc. reports developments in AI data center infrastructure, including power-backed data center capacity, enterprise colocation, and bare metal GPU services. The company operates a vertically integrated portfolio of power assets and data center capacity across Alabama, New York, and North Carolina, and its NeoCloudz platform delivers GPU-as-a-Service on dedicated NVIDIA infrastructure.
Recurring updates cover financial results, operations, customer agreements for AI colocation and GPU rentals, subsidiary structure around US Data Centers, Inc. and ARMS modular systems, and capital-market activity involving subordinate voting shares and at-the-market equity offerings.
Digi Power X (Nasdaq:DGXX) reported Q1 2026 results with a net loss of $4.7M versus $1.6M in Q1 2025, while Adjusted EBITDA improved to $1.1M from $(1.3)M. Revenue was $6.8M, down from $9.3M, reflecting the planned wind-down of legacy operations.
The company ended the quarter with $73M cash, zero long-term debt and $67.2M working capital, and now reports about $125M cash and $15M digital assets. It signed a $1.1B, 10-year AI colocation agreement, launched NeoCloudz GPU cloud with initial AI revenues, deployed about $45M YTD capex at its Columbiana facility, and uplisted to Cboe Canada (DGX). Digi Power X targets $250–$300M total revenue in 2027 across AI colocation, GPU-as-a-Service and energy sales.
Digi Power X (Nasdaq:DGXX), an AI data center infrastructure operator, will release its Q1 2026 financial results and provide an operations update on May 15, 2026. A conference call and webinar will follow at 8:30 AM ET for investors and analysts.
Digi Power X (Nasdaq:DGXX) announced on May 8, 2026 an upsizing of its at-the-market equity offering by US$100 million, raising the program size to US$175 million under an amended April 9, 2026 sales agreement with A.G.P./Alliance Global Partners.
Proceeds may be used for general corporate purposes, funding operations and Tier 3 data center construction, repaying indebtedness, and potential acquisitions; sales will occur on Nasdaq or other U.S. markets and will not be offered in Canada. The prospectus supplement is available on the SEC EDGAR website.
Digi Power X (Nasdaq:DGXX) executed a 10-year Master Services Agreement with Cerebras Systems for a purpose-built, 40 MW AI data center campus in Columbiana, Alabama.
The initial term is valued at approximately $1.1 billion, with up to $2.5 billion potential including renewals. Phase 1 (15 MW) targets ready-for-service December 15, 2026; full 40 MW targeted by end of Q1 2027. Digi Power X owns the site, completed an on-site substation, and secured grid interconnection with Alabama Power.
Digi Power X (NASDAQ:DGXX) signed a 24-month bare metal GPU rental agreement with SubQ AI, effective May 15, 2026, with a total contract value of ~$19.6 million and a ~15% non‑refundable upfront payment (~$2.95 million). The deal deploys dedicated NVIDIA Blackwell GPUs via NeoCloudz at a Rated 3 AI data center.
Contract validates NeoCloudz commercial launch, anchors a multi‑year customer relationship, and aligns with disclosed capacity to host ~4,000 Blackwell GPUs representing up to ~$120 million potential annualized revenue at full utilization.
Digi Power X (Nasdaq:DGXX) entered an amended and restated ATM sales agreement with A.G.P./Alliance Global Partners to sell up to US$75 million of subordinate voting shares via an at-the-market equity program.
Proceeds, if any, are intended for general corporate purposes, Tier 3 data center construction, debt repayment, working capital, and potential acquisitions to expand AI/HPC power infrastructure. Offerings will be made under a Form S-3 registration statement filed April 9, 2026, and sales will occur only in the United States on Nasdaq or other U.S. trading markets.
Digi Power X (Nasdaq:DGXX) reported fiscal 2025 results showing a completed pivot to AI infrastructure with zero debt and a combined liquidity position of $93M ($78.5M cash, $14.8M digital currency). Total revenue was $34.2M, GAAP net loss $28.4M, and Adjusted EBITDA $(3.2)M. The company targets a 400MW capacity pipeline and expects first AI revenues as early as April 2026, with a projected full activation run-rate up to $282M annually from GPU-as-a-Service and colocation.
Digi Power X (Nasdaq:DGXX) will release its fourth-quarter and full-year 2025 financial results after market close on March 31, 2026. The company also intends to provide an operational update at the same time. This announcement is a designated news release under the company's prospectus supplement.
Digi Power X (NASDAQ:DGXX) clarifies that US Data Centers, Inc. (USDC) is an independent subsidiary focused on manufacturing and selling the ARMS modular AI data center system, while Digi Power X retains ownership of its data center sites, ARMS pods, GPUs and all site-level revenue.
The company holds a 55% equity stake in USDC, reports $80 million in cash and equivalents, zero debt, and owns four sites with ~400MW secured power; ARMS200 in Alabama targets late March 2026 go-live.
Digi Power X (Nasdaq:DGXX) co-founded a stand-alone AI infrastructure platform, US Data Centers (USDC), with Hans Vestberg as Co-Founder and Senior Advisor to deploy modular Tier III AI data centers via the ARMS™ platform.
USDC completed an initial private raise valuing the business at ~US$10 million, issuing 3,200,000 preferred shares for US$800,000; Digi Power X retains majority common equity.