Author: Digi Power X Inc.

  • Hans Vestberg Co-Founds Next Phase of US Data Centers Inc. with Digi Power X to Deploy Modular AI Infrastructure at Scale

    This news release constitutes a “designated news release” for the purposes of the Company’s amended and restated prospectus supplement dated November 18, 2025, to its short form base shelf prospectus dated May 15, 2025.

    MIAMI, FL / ACCESS Newswire / March 13, 2026 / Digi Power X Inc. (“Digi Power X” or the “Company”) (Nasdaq:DGXX)(Cboe Canada:DGX) today announced the launch of the next phase of development of US Data Centers, Inc. (“USDC”), a dedicated AI infrastructure platform focused on the development, manufacturing and global deployment of modular Tier III AI data centers, through an independent, private raise of capital. This phase was co-founded with Hans Vestberg, former Chairman and Chief Executive Officer of Verizon Communications and current board member of BlackRock, who will serve as Co-Founder and Senior Advisor to USDC.

    This next phase of development is intended to establish USDC as a stand-alone and dedicated AI infrastructure manufacturing and deployment platform, while allowing Digi Power X to maintain a sharper focus on energy-optimized digital infrastructure operations.

    Under this structure:

    • USDC will lead the manufacturing, distribution and global deployment of modular AI data center infrastructure.

    • Digi Power X will continue developing and operating energy-efficient digital infrastructure assets, including power generation and high-performance compute facilities.

    This structure will position each company to capture growth across different sectors of the rapidly expanding AI infrastructure value chain, while allowing shareholders of the Company to participate in that growth through Digi Power X’s equity stake in USDC.

    The ARMS™ Platform: Modular AI Infrastructure at Scale

    At the core of US Data Centers, Inc. is the ARMS™ (AI-Ready Modular Solution) platform – a proprietary modular data center system engineered for the rapid deployment of high-density AI computing infrastructure.

    The ARMS platform is purpose-built to solve one of the most pressing challenges facing the AI industry: the inability of traditional data center construction to keep pace with the accelerating demand for compute capacity. Where conventional facilities could require years to plan, permit and build, ARMS-based deployments can be commissioned in a fraction of that time.

    Each ARMS unit is a self-contained, Tier III-certified modular data center designed to support advanced GPU clusters for large-scale AI workloads, including machine learning training, inference, and generative AI applications. Units are designed for rapid scalability, allowing customers to expand compute capacity incrementally as demand grows.

    https://storage.googleapis.com/accesswire/media/1147345/digi-img1-03132026.jpg

    ARMS 200 system set up at Digi Power X’s Alabama site

    Business Model and Go-to-Market Strategy

    USDC’s goal is to generate revenue through multiple channels, including direct infrastructure manufacturing and deployment for enterprise and sovereign customers.

    Target customers include:

    • Hyperscalers and cloud service providers requiring rapid capacity expansion

    • Enterprise customers deploying private AI infrastructure

    • Sovereign AI initiatives requiring domestically controlled compute capacity

    • Colocation tenants seeking pre-built, high-density AI-ready facilities

    The modular nature of the ARMS platform will allow USDC to serve customers across a wide range of deployment sizes, from single-unit installations to large-scale multi-megawatt campus deployments.

    In order to capitalize the entity and work towards achieving these goals, USDC issued shares of Preferred Stock in an initial capital raising transaction that ascribes a valuation to USDC of approximately US$10 million, including the issuance of 3,200,000 shares of Preferred Stock for a total of US$800,000. Digi Power X remains a majority shareholder of USDC, holding shares of Common Stock constituting more than 50% of USDC’s equity.

    Addressing the Global AI Infrastructure Gap

    The rapid proliferation of artificial intelligence is creating unprecedented demand for high-performance computing infrastructure worldwide. Industry analysts estimate that global investment in AI infrastructure could reach hundreds of billions of dollars over the coming decade as enterprises, governments and cloud providers race to scale their AI capabilities.

    USDC is positioning itself to capture a share of this opportunity by offering a faster, more flexible alternative to traditional data center development – developing and producing Tier III-certified AI infrastructure that can be delivered at the speed the market demands.

    Leadership

    Michel Amar, Chairman and CEO of Digi Power X, commented:

    “We are extremely excited to partner with Hans Vestberg in this next phase of US Data Centers, Inc. Hans brings unparalleled experience in global telecommunications infrastructure and technology leadership. His involvement will significantly strengthen USDC’s ability to build a next-generation AI infrastructure platform designed to meet the growing global demand for AI compute.”

    Hans Vestberg added:

    “The global demand for AI computing is accelerating at an unprecedented pace. It’s a massive shift in the market. I see a clear opportunity for US Data Centers, Inc. to lead this space. By leveraging our scale and execution, we will build the next generation of infrastructure and create a truly world-class platform. I look forward to partnering with USDC leadership team to deliver on this vision and drive the business forward.”

    Related Party Transaction

    Certain officers and directors of the Company (the “Insiders”) were issued an aggregate of 10,200,000 shares of Common Stock in USDC in exchange for services. The participation by the Insiders is considered a “related party transaction” as defined under Multilateral Instrument 61-101 (“MI 61-101”). The Company is relying on an exemption from the formal valuation and minority shareholder approval requirements provided under MI 61-101 pursuant to section 5.5(a) and section 5.7(1)(a) of MI 61-101, on the basis that the participation by the Insiders does not exceed 25% of the fair market value of the Company’s market capitalization. The Company did not file a material change report in respect of the participation by the Insiders at least 21 days before the closing of the transaction, which the Company believes is reasonable in the circumstances in order to complete the transaction in an expeditious manner.

    This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This news release shall not constitute an offer of securities for sale in the United States. The securities being offered by USDC have not been registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent registration under U.S. federal and state securities laws or an applicable exemption from such U.S. registration requirements.

    About Digi Power X

    Digi Power X is an energy-efficient digital infrastructure company focused on the development of next-generation data centers and energy solutions designed to power the future of high-performance computing.

    About US Data Centers, Inc.

    US Data Centers, Inc. is an AI infrastructure company focused on the development, manufacturing, and deployment of modular Tier III AI data center platforms designed to support high-density AI computing workloads.

    For further information, please contact:

    Michel Amar, Chief Executive Officer
    Digi Power X Inc.
    www.digipowerx.com
    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. Cboe Canada does not accept 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 statements regarding goals, expectations and targets for the business of USDC. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “goals,’ “projects,” “contemplates,” “believes,” “estimates,” “forecasts,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions. The forward-looking information is subject to a variety of known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: delivery of equipment and implementation of systems may not occur on the timelines anticipated by the Company or at all; future capital needs and uncertainty regarding USDC’s ability to raise additional capital; reduction in the Company’s economic interest in USDC resulting from expected further equity issuances by USDC; the Company’s lack of voting control over USDC; revenue may not earned by USDC on the timelines anticipated, or at all; the ability of USDC to attract target customers; costs associated with the development, manufacturing and deployment of AI infrastructure; global demand for AI computing infrastructure; further improvements to profitability and efficiency may not be realized; and other related risks, some of which are 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. 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 applicable law.

    SOURCE: Digi Power X Inc.

    View the original press release on ACCESS Newswire

  • Digi Power X Announces ARMS 200 Commissioning and Timetable for Generating its First AI Revenues

    This news release constitutes a “designated news release” for the purposes of the Company’s amended and restated prospectus supplement dated November 18, 2025, to its short form base shelf prospectus dated May 15, 2025.

    MIAMI, FL / ACCESS Newswire / March 2, 2026 / Digi Power X Inc. (“Digi Power X” or the “Company”) (Nasdaq:DGXX)(Cboe Canada:DGX), a vertically integrated AI infrastructure company focused on the deployment of Tier 3 modular data centers powered by owned and controlled energy assets, today provided a comprehensive update on its financial position and the execution of its AI infrastructure strategy. All monetary references are expressed in U.S. dollars unless otherwise indicated.

    ARMS 200 Deployment: First System Going Live in March 2026

    ARMS 200 modular data center unit being positioned at the Alabama site
    ARMS 200 system set up at the Company’s Alabama site

    Digi Power X continues to make significant strides in its transition from Bitcoin (“BTC”) mining to AI infrastructure, targeting the rapidly growing Tier 3 data center market. The Company ceased its BTC mining operations during 2025 at its Alabama facility to transform it into a Tier 3 AI infrastructure hub, and is currently evaluating its existing facilities in New York for conversion of its existing power infrastructure assets into fully functional data centers.

    The Company has finalized production of its first ARMS 200 modular data center system at its Alabama site and expects to have it commissioned to provide live operations and customer workload GPUs by the third week of March 2026. Digi Power X anticipates full commissioning of the entire ARMS 200 system with the ability to generate GPU-as-a-Service rental AI income by the beginning of April 2026, with 10 megawatts (“MW”) of pods to be operational at its Alabama facility by Q3 2026.

    The Company expects to begin generating its first AI-derived revenue in April 2026 through its GPU-as-a-Service platform. Based on current market pricing for server rentals and assuming near-capacity utilization rates, Digi Power X anticipates that revenues of approximately $15 million per MW deployed can be generated. With 10 MW of capacity targeted for deployment by Q3 2026, the Company believes it will be well-positioned for a significant and scalable revenue base as additional capacity comes online across its Alabama and New York sites.

    In addition, the production of five additional ARMS 200 units has been completed for deployment at the Company’s North Tonawanda, New York location and will be commissioned at the site, anticipated by the end of Q2 2026.

    Anticipated ARMS 200 Deployment Timeline

    Milestone

    Location

    Target Date

    First ARMS 200 Live Operations

    Alabama

    March 2026 (3rd week)

    Full ARMS 200 Commissioning / GPU-as-a-Service Revenue

    Alabama

    April 2026

    10 MW Pod Deployment

    Alabama

    Q3 2026

    5 Additional ARMS 200 Commissioned

    North Tonawanda, NY

    Q2 2026

    Financial Liquidity & 2026 Capital Plan

    Digi Power X held cash, Bitcoin (“BTC”), Ethereum (“ETH”), and cash deposits of approximately $80 million as of February 27, 2026.

    Liquidity Breakdown (as of February 27, 2026)

    Category

    Market Value

    Cash Available

    ~$62 million

    BTC & ETH Holdings

    ~$12 million

    Cash Deposits

    ~$6 million

    Total Liquidity

    ~$80 million

    Based on BTC price of $66,000 and ETH price of $2,000 as of February 28, 2026, per CoinMarketCap.

    2026 Capital Deployment Plan

    Investment

    Amount

    Infrastructure CapEx Spent YTD (through Feb 28, 2026)

    ~$13.1 million

    Expected Total CapEx by End of Q3 2026

    ~$33.1 million

    GPU-as-a-Service Revenue Potential

    Metric

    Projection

    Expected Annualized Revenue per MW (for full year of deployment)

    ~$15 million

    First AI Revenue Anticipated to be Generated

    April 2026

    Target Deployment by Q3 2026

    10 MW

    Annualized Revenue Potential at 10 MW (full year of deployment)

    ~$150 million

    The Company believes it current liquidity positions it to be able to carry out the rollout of its 2026 AI infrastructure development plan, which includes the planned deployment of high-efficiency Tier 3 AI data centers and expansion of the Company’s power capacity across multiple U.S. sites. The Company has invested approximately $13.1 million in infrastructure asset purchases year to date, with an additional approximately $20 million forecasted by the end of Q3 2026, to continue its infrastructure expansion and launch its GPU-as-a-Service vertical.

    The Company remains debt-free, a significant advantage in the capital-intensive AI infrastructure sector. Digi Power X’s financial discipline and strategic execution have allowed it to minimize interest rate risks, and the Company remains committed to self-funding and maintaining a clean balance sheet, underscoring its dedication to long-term growth while minimizing equity dilution for shareholders.

    Energy Curtailment

    During January and February 2026, the Company elected to actively participate in load curtailment due to high energy costs associated with weather conditions across its locations. By contributing to these load reduction programs, the Company provided crucial grid reliability to surrounding electric consumers.

    LOI for Strategic Partnership With 1.3 GW Power Plant

    On January 7, 2026, the Company announced that it had entered into a non-binding letter of intent (the “LOI”) with Omnis Pleasants LLC, owner of the Pleasants Power Station, a 1.3 gigawatt (“GW”) power generation facility located in West Virginia, to pursue a strategic partnership supporting large-scale AI and high-performance computing infrastructure.

    Pursuant to the terms of the LOI, the parties intend to conduct a comprehensive load and interconnection study of up to 1.3 GW, evaluating long-term power availability and grid connectivity for energy-intensive computing applications.

    The proposed strategic partnership also contemplates a long-term lease of up to 200 acres of land to enable Digi Power X to deploy AI and advanced computing infrastructure utilizing its proprietary ARMS modular Tier III data center platform.

    Digi Power X has extended its due diligence efforts for an additional 120 days and will provide further updates as they occur.

    Addition of Hans Vestberg, Former Verizon Chairman and CEO, as Senior Advisor

    The Company recently announced that Hans Vestberg, former Chairman and Chief Executive Officer of Verizon Communications, has joined the Company as a senior advisor serving on its Advisory Board to support the Company’s expansion strategy.

    To date, Mr. Vestberg has worked extensively with Digi Power X’s executive team on:

    • AI infrastructure deployment strategy and scaling frameworks;

    • Distributed and edge-compute architectures for inference-driven workloads;

    • Strategic partnerships with hyperscalers, enterprises, and infrastructure stakeholders;

    • Power optimization and energy-efficient data center design;

    • Tier 3 redundancy and mission-critical reliability standards; and

    • International expansion strategy and site prioritization.

    Cboe Canada Uplisting

    The Company is pleased to announce that it uplisted to Cboe Canada effective at market open on February 27, 2026. Following the uplisting from the TSX Venture Exchange to Cboe Canada, the Company’s subordinate voting shares continue to trade under the symbol “DGX” on Cboe Canada, and the shares continue to be listed on Nasdaq and trade under the symbol “DGXX.” The Company remains a “reporting issuer” under applicable Canadian securities laws following the transition.

    By listing on Cboe Canada, Digi Power X connects its forward-looking infrastructure strategy with a Tier 1 stock exchange known for supporting emerging sectors and enhancing capital formation.

    About Digi Power X

    Digi Power X is an energy infrastructure company that develops Tier 3-certified modular AI data centers and drives the expansion of sustainable energy assets.

    For further information, please contact:
    Michel Amar, Chief Executive Officer
    Digi Power X Inc.
    www.digipowerx.com

    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. Cboe Canada does not accept 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 the Company’s expectations concerning the potential further improvements to profitability and efficiency across the Company’s 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: delivery of equipment and implementation of systems may not occur on the timelines anticipated by the Company or at all; future capital needs and uncertainty of additional financing; share dilution resulting from equity issuances; realization of GPU-as-a-Service revenue may not occur on the timelines anticipated by the Company, or at all; 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; 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, among other things, 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 applicable law.

    SOURCE: Digi Power X Inc.

    View the original press release on ACCESS Newswire

  • Digipower X Announces Uplisting to Cboe Canada

    This news release constitutes a “designated news release” for the purposes of the Company’s amended and restated prospectus supplement dated November 18, 2025, to its short form base shelf prospectus dated May 15, 2025.

    MIAMI, FL / ACCESS Newswire / February 24, 2026 / Digi Power X Inc. (“Digipower X” or the “Company“) (Nasdaq:DGXX)(TSXV:DGX), a vertically integrated AI infrastructure company focused on the deployment of Tier-3 modular data centers powered by owned and controlled energy assets, is pleased to announce that it will be uplisting to Cboe Canada (“Cboe Canada“) effective at market open on February 27, 2026. Following the uplisting from the TSX Venture Exchange (the “TSXV“) to Cboe Canada, the Company’s subordinate voting shares (the “Shares“) will continue to trade under the symbol “DGX” on Cboe Canada, and the Shares will continue to be listed on Nasdaq and trade under the symbol “DGXX”. The Company will remain a “reporting issuer” under applicable Canadian securities laws through the transition from the TSXV to Cboe Canada.

    Following the uplisting to Cboe Canada, the Shares will no longer trade on the TSXV and will be voluntarily delisted from the TSXV, effective as of close of market on February 26, 2026. Shareholders are not required to take any further action in connection with the Cboe Canada listing.

    About Digipower X
    Digipower X is an innovative energy infrastructure company that develops Tier III-certified modular AI data centers and drives the expansion of sustainable energy assets.

    For further information, please contact:

    Michel Amar, Chief Executive Officer
    Digi Power X Inc.
    www.digipowerx.com

    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 the Company’s planned uplisting of its subordinate voting shares on CBOE, expectations concerning the potential contributions by our new advisor to the Company’s strategic efforts, the potential further improvements to profitability and efficiency across the Company’s 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: the completion and timing of the uplisting; delivery of equipment and implementation of systems may not occur on the timelines anticipated by the Company or at all; 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; statements regarding the timing, scale and expansion of AI and high-performance computing infrastructure; changes in demand for AI and high-performance computing; future data center capacity may not be realized at the level anticipated by the Company, or at all; 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; 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, among other things, profitable use of the Company’s assets going forward; the demand for data center capacity for AI and high-performance computing; 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 applicable law.

    SOURCE: Digi Power X Inc.

    View the original press release on ACCESS Newswire

  • Hans Vestberg, Former Verizon Chairman and CEO, Joins Digipower X As Senior Advisor

    This news release constitutes a “designated news release” for the purposes of the Company’s amended and restated prospectus supplement dated November 18, 2025, to its short form base shelf prospectus dated May 15, 2025.

    MIAMI, FL / ACCESS Newswire / February 2, 2026 / Digi Power X Inc. (“Digipower X” or the “Company“) (Nasdaq:DGXX)(TSXV:DGX), a vertically integrated AI infrastructure company focused on the deployment of Tier-3 modular data centers powered by owned and controlled energy assets, today announced that Hans Vestberg, former Chairman and Chief Executive Officer of Verizon Communications, has joined the Company as a senior advisor serving on its Advisory Board to support the Company’s expansion strategy.

    Mr. Vestberg brings more than three decades of global leadership in mission-critical infrastructure, telecommunications networks, and large-scale capital deployment. He is widely recognized for leading Verizon’s first commercial 5G deployment in 2018 and for advancing nationwide fiber, mobile edge computing, and next-generation network architectures.

    Prior to Verizon, Mr. Vestberg spent nearly three decades at Ericsson, including almost seven years as its Chief Executive Officer, where he helped build and operate global infrastructure facilitating approximately 35% of worldwide mobile traffic.

    Mr. Vestberg’s appointment comes at a time when AI adoption is increasingly constrained, not by software or silicon, but by power availability, cooling capacity, and deployment speed. Digipower X is working on addressing this challenge through the deployment of the AI-Ready Modular Solution (ARMS) platform, designed to deliver Tier-3 modular AI data centers within approximately 180 days, supported by a vertically integrated power strategy and a growing portfolio of large-scale energy assets.

    “Hans Vestberg built and scaled the physical infrastructure that helped enable the fiber, mobile, and 5G revolutions,” said Michel Amar, Chairman and Chief Executive Officer of Digipower X. “He understands what most of the market overlooks: AI’s bottleneck isn’t algorithms or chips, it’s power, cooling, and deployment speed. Hans knows how to execute infrastructure transformation at a national and global scale, and we expect his guidance will be invaluable as we expand our modular AI data center footprint.”

    “I’ve spent over 30 years building the networks that move data,” said Mr. Vestberg. “The next decade is about building the infrastructure that processes it. Digipower X is more than just a data center company. It controls its power, is developing the ability to deploy Tier-3 infrastructure in the near term, and is building a modular platform to address the exact constraints holding back large-scale AI deployment. Its focus on power availability and deployment speed first, real estate second, is exactly the right approach.”

    Infrastructure Experience Aligned with AI Scale

    During his tenure at Ericsson (2010-2016), Mr. Vestberg led more than 115,000 employees worldwide and positioned the company at the forefront of next-generation wireless technologies. At Verizon (2018-2025), he reshaped the organization around a network-first strategy, oversaw major investments in spectrum and fiber, and advanced distributed edge-compute capabilities to enable data-intensive and latency-sensitive applications.

    Mr. Vestberg insightfully noted at Davos 2024 that “one of the most important infrastructures of this century is digital infrastructure,” and that AI workloads will increasingly migrate from centralized hyperscale facilities toward distributed locations supporting real-time inference and enterprise demand.

    Mr. Vestberg currently serves as a board member of BlackRock and Verizon.

    Addressing the Power and Deployment Constraint in AI Infrastructure

    Digipower X operates a combined-cycle power plant and three additional operating sites, with more than 200 megawatts of power currently online. The Company has secured development capacity to support AI infrastructure expansion over the next three years, with the ability to develop up to an additional 1.5 gigawatts of power capacity, including at major sites in North Carolina and West Virginia.

    In West Virginia, Digipower X has entered into a letter of intent relating to a 1.3-gigawatt power plant, which is being evaluated as a long-term site for AI data center and advanced computing infrastructure deployment.

    “Hans recognizes that national AI competitiveness depends on solving power availability and deployment speed,” said Gerard Rotonda, Board Member of Digipower X and former CFO of Deutsche Bank Wealth & Asset Management Americas. “His experience aligns directly with Digipower X’s mission to deliver infrastructure at the scale and speed this market now requires.”

    Vestberg’s Strategic Focus

    In his advisory role, Mr. Vestberg will work closely with Digipower X’s executive team on:

    • AI infrastructure deployment strategy and scaling frameworks;

    • Distributed and edge-compute architectures for inference-driven workloads;

    • Strategic partnerships with hyperscalers, enterprises, and infrastructure stakeholders;

    • Power optimization and energy-efficient data center design;

    • Tier-3 redundancy and mission-critical reliability standards; and

    • International expansion strategy and site prioritization.

    About Digipower X

    Digipower X is an innovative energy infrastructure company that develops Tier III-certified modular AI data centers and drives the expansion of sustainable energy assets.

    For further information, please contact:

    Michel Amar, Chief Executive Officer
    Digipower X Inc.
    www.digipowerx.com

    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 the Company’s expectations concerning the potential contributions by our new advisor to the Company’s strategic efforts, the potential further improvements to profitability and efficiency across the Company’s 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: delivery of equipment and implementation of systems may not occur on the timelines anticipated by the Company or at all; 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; statements regarding the timing, scale and expansion of AI and high-performance computing infrastructure; changes in demand for AI and high-performance computing; future data center capacity may not be realized at the level anticipated by the Company, or at all; 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; 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, among other things, profitable use of the Company’s assets going forward; the demand for data center capacity for AI and high-performance computing; 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 applicable law.

    SOURCE: Digi Power X Inc.

    View the original press release on ACCESS Newswire

  • Digi Power X Announces PTC Conference Attendance and Provides ARMS 200 Deployment Update

    Digi Power X Announces PTC Conference Attendance and Provides ARMS 200 Deployment Update

    This news release constitutes a “designated news release” for the purposes of the Company’s amended and restated prospectus supplement dated November 18, 2025, to its short form base shelf prospectus dated May 15, 2025.

    MIAMI, FL / ACCESS Newswire / January 20, 2026 / Digi Power X Inc. (“Digi Power X” or the “Company“) (Nasdaq:DGXX)(TSXV:DGX), an innovative energy infrastructure company, today announced that it will be attending the PTC 2026 in Honolulu, Hawaii this week, with President Alec Amar representing the Company at the conference.

    Pacific Telecommunications Council (PTC) is one of the premier global forums for digital infrastructure, convening senior decision-makers across energy, data centers, AI, cloud, connectivity, and high-performance computing. The conference will explore the convergence of digital infrastructure, telecommunications, and information and communication technology (ICT). It aims to address pressing issues shaping the future of these industries.

    As global demand for AI-ready data centers and power-intensive computing continues to accelerate, Digi Power X’s participation reflects the Company’s strategic focus on developing scalable, grid-connected energy infrastructure capable of supporting next-generation digital workloads.

    Alec Amar, President of Digi Power X said, “Participating in the PTC reflects the Company’s continued commitment to building the infrastructure backbone for the next era of AI, cloud, and global connectivity. We’re excited to collaborate with industry leaders to position Digi Power X to be on the cutting edge of defining the future of the space.”

    Management looks forward to engaging with industry leaders, potential partners, and institutional stakeholders to discuss long-term growth opportunities, infrastructure development, and the evolving intersection of energy and digital infrastructure.

    ARMS 200 Deployment Ongoing

    Digi Power X has begun deployment of its ARMS 200 (AI-Ready Modular Solution) platform across select U.S. Tier III facilities. ARMS 200 is the Company’s standardized architecture for delivering full-stack AI infrastructure, built bottom-up from power to compute.

    ARMS 200 integrates:

    • Grid-connected, multi-megawatt power as the foundation layer;

    • Modular AI PODs designed for rapid, repeatable, and scalable AI factory deployments;

    • High-density GPU racks based on ORv3, with ORW support planned; and

    • Liquid-cooled, low-latency fabrics optimized for modern AI workloads.

    ARMS 200 is central to Digi Power X’s evolution into an AI-focused critical infrastructure provider, enabling faster and more predictable deployment of AI-ready capacity than traditional AI data center builds.

    Jagan Jeyapal, Chief Technology Officer of Digi Power X, commented: “ARMS 200 defines our modern AI factory, built end-to-end from power and modular PODs to open, high-density GPU racks that can be clustered by workload and scale, enabling GPU colocation or GPU-as-a-Service with developer-friendly integration for training, inference, and emerging agentic workloads.”

    About Digi Power X

    Digi Power X is an innovative energy infrastructure company that develops Tier III-certified modular AI data centers and drives the expansion of sustainable energy assets.

    For further information, please contact:

    Michel Amar, Chief Executive Officer
    Digi Power X Inc.
    www.digipowerx.com
    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 the Company’s expectations concerning the potential further improvements to profitability and efficiency across the Company’s 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: delivery of equipment and implementation of systems may not occur on the timelines anticipated by the Company or at all; 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; 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, among other things, 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 applicable law.

    SOURCE: Digi Power X Inc.

    View the original press release on ACCESS Newswire

  • Digi Power X Secures $20 Million NVIDIA B300 GPU Purchase from Supermicro to Power NeoCloudz(TM) GPU-as-a-Service Platform

    Digi Power X Secures $20 Million NVIDIA B300 GPU Purchase from Supermicro to Power NeoCloudz(TM) GPU-as-a-Service Platform

    This news release constitutes a “designated news release” for the purposes of the Company’s amended and restated prospectus supplement dated November 18, 2025, to its Canadian short form base shelf prospectus dated May 15, 2025.

    MIAMI, FL / ACCESS Newswire / January 12, 2026 / Digi Power X Inc. (“Digi Power X” or the “Company“) (Nasdaq:DGXX)(TSXV:DGX), a digital infrastructure company focused on AI-ready data centers and high-performance computing, today announced that it has entered into a definitive agreement to acquire approximately $20 million of next-generation NVIDIA B300 GPUs from Super Micro Computer, Inc. (“Supermicro”).

    The GPU systems will be deployed within Digi Power X’s Tier III AI data center infrastructure and made available through the Company’s NeoCloudzTM platform, its proprietary GPU-as-a-Service offering. Initial customer availability for NeoCloudzTM is targeted for March 2026.

    The acquisition and eventual deployment of the GPUs represent a key milestone in Digi Power X’s strategy to expand into recurring, high-margin AI infrastructure revenues, providing enterprise customers, AI startups and research institutions with on-demand access to advanced GPU compute without the need for long-term capital investment.

    Based on current market demand, pricing assumptions and anticipated utilization rates, Digi Power X expects the NeoCloudzTM deployment to target a positive return on invested capital within approximately 30 months of deployment, subject to customer adoption, operating performance and market conditions.

    “NeoCloudz was designed to deliver immediate access to next-generation AI compute while maintaining strong capital efficiency,” said Alec Amar, President of Digi Power X and founder of NeoCloudzTM. “By deploying NVIDIA B300 GPUs through Supermicro’s AI-optimized systems in a Tier III environment, we are creating a scalable GPU-as-a-Service platform designed to support enterprise and AI-native customers while targeting a return on invested capital of approximately 30 months.”

    Supermicro’s AI-optimized server platforms will be integrated into Digi Power X’s modular Tier III data center environments, enabling rapid deployment, high availability and energy-efficient performance.

    The NeoCloudzTM platform is designed to support a broad range of AI workloads, including large language model training and inference, generative AI, data analytics and enterprise AI applications. Digi Power X expects to begin onboarding initial customers during the first half of 2026, following completion of infrastructure deployment.

    This acquisition further emphasizes Digi Power X’s long-term strategy to build a vertically integrated AI infrastructure platform, including modular AI-ready data center solutions.

    About Digi Power X

    Digi Power X is a digital infrastructure company focused on the development, deployment and operation of AI-ready Tier III data centers and high-performance computing platforms. Through its designed NeoCloudzTM GPU-as-a-Service platform and modular AI data center solutions, Digi Power X plans to support the growing global demand for scalable, energy-efficient AI infrastructure.

    For further information, please contact:

    Michel Amar, Chief Executive Officer
    Digi Power X Inc.
    www.digipowerx.com

    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 the Company’s expectations concerning the delivery of GPUs purchased from Supermicro, as well as the potential further improvements to profitability and efficiency across the Company’s 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: delivery of equipment and implementation of systems may not occur on the timelines anticipated by the Company or at all; deployment of NeoCloudzTM platform and realization of revenue might not occur on the timelines anticipated by the Company, or at all; 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; 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, among other things, 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 applicable law.

    SOURCE: Digi Power X Inc.

    View the original press release on ACCESS Newswire

  • Digi Power X Announces Entry into Settlement Agreement

    Digi Power X Announces Entry into Settlement Agreement

    This news release constitutes a “designated news release” for the purposes of the Company’s amended and restated prospectus supplement dated November 18, 2025, to its short form base shelf prospectus dated May 15, 2025.

    MIAMI, FL / ACCESS Newswire / January 9, 2026 / Digi Power X Inc. (“Digi Power X” or the “Company“) (Nasdaq:DGXX)(TSXV:DGX), an innovative energy infrastructure company, today announced that it has entered into a settlement agreement (the “Agreement”) with H.C. Wainwright & Co., LLC (“Wainwright”) related to certain disputed compensation in connection with the registered direct financing the Company closed on July 23, 2025.

    Pursuant to the Agreement, Digi Power X agreed to pay a cash fee of US$840,000.12 and to issue to Wainwright a warrant exercisable for up to an aggregate of 269,231 of the Company’s subordinate voting shares at a price of US$2.85 per share for a period of five years from the date of issuance. All securities to be issued pursuant to the Agreement will be subject to the approval of the TSX Venture Exchange.

    About Digi Power X

    Digi Power X is an innovative energy infrastructure company that develops Tier III-certified modular AI data centers and drives the expansion of sustainable energy assets.

    For further information, please contact:

    Michel Amar, Chief Executive Officer
    Digi Power X Inc.
    www.digipowerx.com
    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 the Company’s expectations concerning the potential further improvements to profitability and efficiency across the Company’s 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: delivery of equipment and implementation of systems may not occur on the timelines anticipated by the Company or at all; 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; 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, among other things, 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 applicable law.

    SOURCE: Digi Power X Inc.

    View the original press release on ACCESS Newswire

  • Digi Power X Enters into LOI for Strategic Partnership With 1.3 GW Power Plant to Support AI Infrastructure Development

    Digi Power X Enters into LOI for Strategic Partnership With 1.3 GW Power Plant to Support AI Infrastructure Development

    This news release constitutes a “designated news release” for the purposes of the Company’s amended and restated prospectus supplement dated November 18, 2025, to its Canadian short form base shelf prospectus dated May 15, 2025.

    MIAMI, FL / ACCESS Newswire / January 7, 2026 / Digi Power X Inc. (“Digi Power X” or the “Company“) (Nasdaq:DGXX)(TSXV:DGX), an innovative energy infrastructure company, today announced that it has entered into a non-binding letter of intent (the “LOI”) with Omnis Pleasants LLC (“Pleasants”), owner of the Pleasants Power Station, a 1.3 gigawatt (“GW”) power generation facility located in West Virginia, to pursue a strategic partnership supporting large-scale artificial intelligence (“AI”) and high-performance computing infrastructure.

    Pursuant to the terms of the LOI, the parties intend to conduct a comprehensive load and interconnection study of up to 1.3 GW, evaluating long-term power availability and grid connectivity for energy-intensive computing applications.

    The proposed strategic partnership also contemplates a long-term lease of up to 200 acres of land, that would enable Digi Power X to deploy AI and advanced computing infrastructure utilizing its proprietary ARMS modular Tier III data center platform.

    In addition, the LOI establishes a framework for potential equity alignment, including a mutual equity exchange between Digi Power X and Pleasants based on fair market valuation, as well as a defined pathway for Digi Power X to acquire an equity ownership stake in excess of 10% in the power plant entity, subject to definitive documentation, agreed valuation, financing structure and applicable regulatory approvals.

    Separately, Digi Power X and Pleasants intend to collaborate on a hydrogen-transition feasibility study for Digi Power X’s New York power assets, aligning with broader decarbonization and energy-transition initiatives.

    “This strategic partnership will advance our strategy of pairing large-scale, grid-connected power assets with next-generation AI infrastructure,” said Michel Amar, CEO of Digi Power X. “Pleasants offers the scale, land availability and electrical infrastructure required to support AI and high-performance computing at meaningful, long-term levels.”

    The parties expect to initiate the load study within 30 days and target execution of definitive agreements within approximately 90 days, subject to customary conditions and approvals.

    About Digi Power X

    Digi Power X is an innovative energy infrastructure company that develops Tier III-certified modular AI data centers and drives the expansion of sustainable energy assets.

    For further information, please contact:

    Michel Amar, Chief Executive Officer
    Digi Power X Inc.
    www.digipowerx.com

    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 the Company’s expectations concerning the strategic partnership with Pleasants, as well as the potential further improvements to profitability and efficiency across the Company’s 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: the Company’s ability to enter into definitive documentation in respect of the proposed strategic partnership with Omnis and to achieve the anticipated benefits of such strategic partnership; delivery of equipment and implementation of systems may not occur on the timelines anticipated by the Company or at all; the results of a proposed comprehensive load and interconnection study; 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; 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, among other things, 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 applicable law.

    SOURCE: Digi Power X Inc.

    View the original press release on ACCESS Newswire

  • Digi Power X Announces 1,150% Year-over-Year Liquidity Growth and Provides Update on Implementation of First B200 GPU Cluster in Alabama with Plans to Begin Data Processing in Q1 2026

    Digi Power X Announces 1,150% Year-over-Year Liquidity Growth and Provides Update on Implementation of First B200 GPU Cluster in Alabama with Plans to Begin Data Processing in Q1 2026

    This news release constitutes a “designated news release” for the purposes of the Company’s amended and restated prospectus supplement dated November 18, 2025, to its short form base shelf prospectus dated May 15, 2025.

    MIAMI, FL / ACCESS Newswire / January 6, 2026 / Digi Power X Inc. (“Digi Power X” or the “Company“) (NASDAQ:DGXX)(TSXV:DGX), an innovative energy infrastructure company, today provided a comprehensive update concerning its financial position and the execution of its AI infrastructure strategy, highlighted by the beginning of deployment of its ARMS 200 Tier III modular data center platform, the completed implementation of its first NVIDIA B200 GPU cluster, the anticipated launch of its GPU-as-a-Service platform NeoCloudz expected in the first quarter of 2026 and the expansion of its intellectual property and global distribution partnerships. All monetary references are expressed in U.S. dollars unless otherwise indicated.

    Year-over-Year Financial Liquidity Growth to Support AI Infrastructure Buildout

    • Digi Power X held cash, Bitcoin (“BTC“), Ethereum (“ETH“) and cash deposits of approximately $100 million as of January 1, 2026, as compared to approximately $8 million on January 1, 2025 (based on a BTC price of $88,732 as of January 1, 2026, and $94,420 as of January 1, 2025, per CoinMarketCap, and an ETH price of $3,000 as of January 1, 2026, and $3,354 as of January 1, 2026, per CoinMarketCap), broken out as follows:

      • Cash available: approximately $79 million

      • BTC and ETH holdings: approximately $15 million

      • Cash deposits: approximately $6 million

    • The increase from approximately $8 million in starting position on January 1, 2025 to approximately $100 million on January 1, 2026 represents an increase in liquidity of 1,150%. This robust liquidity growth positions Digi Power X to carry out the rollout of its 2026 AI infrastructure development plan, which includes the planned deployment of high-efficiency Tier III AI data centers and expansion of the Company’s power capacity across multiple U.S. sites.

    • The Company remains debt-free, a significant advantage in the capital-intensive AI infrastructure sector. Digi Power X’s financial discipline and strategic execution have allowed it to minimize interest rate risks, and the Company remains committed to self-funding and maintaining a clean balance sheet, underscoring its dedication to long-term growth while minimizing equity dilution for shareholders.

    ARMS 200 Deployment Beginning in Q1 2026

    Digi Power X plans to begin deployment of its ARMS 200 (AI-Ready Modular Solution) platform in the first quarter of 2026 across its U.S. Tier III facilities. ARMS is the Company’s standardized, modular AI data center architecture designed for:

    • High-density GPU cluster integration;

    • Liquid cooling and low-latency networking;

    • Tier III redundancy across all pathways; and

    • Multi-megawatt scalability at each location.

    The ARMS platform is the backbone of Digi Power X’s transition from cryptocurrency mining to AI-optimized critical load infrastructure.

    First B200 GPU Cluster Being Installed in Alabama

    The first ARMS 200 modular data center system has arrived at the Company’s Alabama site and is currently being installed for testing and commissioning. The system is now undergoing initial setup and operational validation as part of Digi Power X’s broader deployment program for high-density, liquid-cooled AI infrastructure. Upon completion of testing, the ARMS 200 will be prepared for live operations and customer workloads.

    NeoCloudz to Go Live in Q1 2026

    Digi Power X’s on-demand compute platform, NeoCloudz, is expected to launch in the first quarter of 2026.

    NeoCloudz is designed to provide scalable access to GPU compute for:

    • AI startups;

    • Enterprise AI/ML teams;

    • Research institutions; and

    • Developers and HPC workloads.

    Built on a Supermicro enterprise-grade backbone and integrated directly into the ARMS modular architecture, the Company expects NeoCloudz will operate as a unified GPU-as-a-Service platform across Digi Power X’s Tier III facilities.

    About Digi Power X

    Digi Power X is an innovative energy infrastructure company that develops Tier III-certified modular AI data centers and drives the expansion of sustainable energy assets.

    For further information, please contact:

    Michel Amar, Chief Executive Officer
    Digi Power X Inc.
    www.digipowerx.com

    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 the Company’s expectations concerning the potential further improvements to profitability and efficiency across the Company’s 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: delivery of equipment and implementation of systems may not occur on the timelines anticipated by the Company or at all; 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; 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, among other things, 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 applicable law.

    SOURCE: Digi Power X Inc.

    View the original press release on ACCESS Newswire