Digi Power X Inc.

Snapshot

Digi Power X is a small AI data center and power infrastructure company transitioning away from crypto mining. FY 2025 revenue fell 7.6% to $34.2M, with a negative gross margin and a $28.4M net loss, bigger than the revenue itself.

What's Happening Right Now

• Wed 28th Oct '26 · Earnings date: Digi Power X will report Q3 2026 financial results and hold a conference call on November 13, 2026.
• Fri 16th Oct '26 · Proxy filing: On October 16, 2026, Digi Power X filed a preliminary proxy proposing to collapse its dual-class share structure into one class, plus amended equity plans and director elections; CEO Michel Amar's 2025 pay rose to $12.0M from $4.9M.
• Tue 13th Oct '26 · Debt financing: Digi Power X received a $200 million project-level debt financing commitment, syndicated by Goldman Sachs, to complete its 40 MW Alabama AI data center; the deal is expected to close within 90 days and is intended to avoid further shareholder dilution.
• Tue 15th Sep '26 · Registration: Registered 381K shares for sale on Form S-3.
• Fri 11th Sep '26 · Shelf registration: On September 11, 2026, Digi Power X amended its S-3 shelf to register resale of 380,590 shares tied to February 2025 private-placement warrants, a roughly 0.4% potential dilution event.
• Fri 14th Aug '26 · Earnings: Q2 2026 revenue fell to $6.6M from $8.1M a year earlier and the net loss widened to $14.4M, but the company booked its first AI compute revenue ($1.08M) under a 24-month, ~$19.6M contract with SubQ AI, and ended the quarter with $128.1M cash.
• Fri 14th Aug '26 · ATM sale: Sold $11.26M of stock / 2.85M shares through its at-the-market program, as stated for Jul 1, 2026 to Aug 14, 2026.
• Tue 30th Jun '26 · ATM sale: Sold $163.21M of stock / 27.95M shares through its at-the-market program, as stated for Jan 1, 2026 to Jun 30, 2026.