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 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.
Digi Power X Inc. entered into a long-term Data Center Colocation and Master Services Agreement with Cerebras Systems Inc. to deploy approximately 40 megawatts of AI computing capacity at its Columbiana, Alabama campus.
The Agreement has an initial 10-year term with total contract value to Digi Power X of approximately $1.1 billion, and total potential contract value of approximately $2.5 billion assuming a seven-year extension, in each case subject to the company meeting its obligations. Digi Power X will build the facility in two phases, with 15 MW targeted ready-for-service by December 15, 2026 and full 40 MW deployment targeted by the end of the first fiscal quarter of 2027. The company plans to self-fund Phase 1 construction and has already completed the dedicated on-site substation and secured a power delivery agreement for Phase 1.
Digi Power X Inc. president and director Amar Alec reported an open-market sale of 27,500 Subordinate Voting Shares on May 1, 2026 at a weighted average price of $3.56 per share, with individual trade prices ranging from $3.37 to $3.75.
Following the sale, Alec holds 1,368,949 Subordinate Voting Shares directly and 45,000 Subordinate Voting Shares indirectly through Matbrands LLC. The filing also lists fully vested employee stock options with exercise prices of $3.60 and $1.54 per share, both expiring in 2030, and restricted share units that vest between 2026 and 2027.
Digi Power X Inc. filed Amendment No. 1 to its Annual Report for the year ended December 31, 2025. This amendment adds the previously omitted Part III sections covering directors and executive officers, executive and director compensation, security ownership, related-party transactions, director independence and auditor fees.
The filing details leadership backgrounds, committee structures, equity incentive plans, and significant ownership by executives and directors, including multiple voting share classes. It does not change the previously reported financial statements or other disclosures and should be read together with the original Annual Report and subsequent SEC filings.
Digi Power X Inc. has signed its first contracted AI revenue deal, a bare metal GPU rental agreement with SubQ AI. The 24‑month contract, effective May 15, 2026, has an expected total contract value of approximately $19.6 million and includes an upfront payment of about $2.95 million, or 15% of the total. Digi Power X will provide SubQ exclusive, dedicated access to a fleet of latest‑generation NVIDIA Blackwell GPUs via its NeoCloudz GPU‑as‑a‑Service platform at the company’s AI data center.