Group 1 - Digi Power X Inc. has entered into a debt settlement agreement with NANO Nuclear Energy Inc., issuing 109,677 subordinate voting shares at a deemed price of C$3.10 per share to settle US$250,000 in accrued liabilities [1] - The settlement is expected to help Digi Power X preserve cash and support its AI and energy infrastructure initiatives [1] - The settlement is subject to regulatory approvals, including from the TSX Venture Exchange [1] Group 2 - The strategic consultation with NANO Nuclear regarding a feasibility study on small modular reactor (SMR) technology for Digi Power X's data centers is ongoing [2] - The study aims to assess the viability of SMR technology as a stable, clean, and long-term power source for the company's AI data center operations [2] - Results from the feasibility study will be reviewed in collaboration with NANO Nuclear upon completion [2] Group 3 - Digi Power X is focused on developing data centers to expand sustainable energy assets [3]

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 30, 2025 to its short form base shelf prospectus dated May 15, 2025 MIAMI, July 01, 2025 (GLOBE NEWSWIRE) -- Digi Power X Inc. (“Digi Power X” or the “Company”) (Nasdaq: DGXX / TSXV: DGX), an innovative energy infrastructure company that develops data centers, is pleased to provide unaudited comparative Bitcoin (“BTC”) production results for the quarter and month ended June 30, 2025, c ...

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 30, 2025 to its short form base shelf prospectus dated May 15, 2025. MIAMI, June 10, 2025 (GLOBE NEWSWIRE) -- Digi Power X Inc. (“Digi Power X” or the “Company”) (Nasdaq: DGXX / TSXV: DGX), an innovative energy infrastructure company that develops data centers, is pleased to announce the release of the following report to shareholders by Michel Amar, Chairman and Chief Executive Office ...

Core Viewpoint - Digi Power X Inc. has granted 1,145,000 stock options to its officers, directors, management, key consultants, and employees, which are exercisable at a price of C$2.09 for five years, fully vesting on the grant date [2]. Company Overview - Digi Power X is an innovative energy infrastructure company focused on developing advanced data centers to promote the growth of sustainable energy assets [3]. Stock Options Details - The stock options granted are in accordance with the Company's stock option plan and are subject to the policies of the TSX Venture Exchange [2].

Core Insights - Digi Power X Inc. reported unaudited comparative Bitcoin production results for May 2025, highlighting a significant increase in production value and operational updates [2][7]. Production Highlights - The value of coins produced in May 2025 was approximately $4.3 million, a 23% increase from the previous month [7]. - The company produced approximately 35 BTC during May, valued at around $3.7 million based on a BTC price of $105,000 [7]. Operations Update - Digi Power X operates with approximately 100MW of available power and plans to expand capacity to 200MW and beyond through existing assets and strategic acquisitions [4]. - The company has invested approximately $2.5 million year-to-date in capital expenditures and mining infrastructure support equipment, with a focus on self-funding to minimize equity dilution [7]. Collaboration and Expansion - The company entered a collaboration with Super Micro Computer, Inc. to deploy customized GPU rack solutions at a new data center in Alabama, with plans to scale up to 22MW in 2026 and 55MW by 2027 [6]. - Digi Power X's 5.5 MW community solar project has generated nearly $100,000 in electricity bill credits since its commercial operation in September 2024, contributing to sustainability and cost reduction [9][10]. Sustainability Initiatives - The company is exploring the integration of a battery energy storage system at its Buffalo site, aiming to optimize energy usage and contribute to New York State's energy storage targets [11]. - Digi Power X's commitment to renewable energy and battery storage positions it at the intersection of digital infrastructure and clean technology [12].

Core Viewpoint - Digi Power X Inc. has announced an at-the-market sales agreement to raise up to US$100 million through the issuance of subordinate voting shares, aimed at supporting its strategic initiatives and operations [2][3][4]. Group 1: At-the-Market Offering - The ATM Agreement allows Digi Power X to issue subordinate voting shares with an aggregate offering price of up to US$100 million [3]. - A cash commission of up to 3.0% will be paid to the Agent for the services related to the ATM Equity Program [3]. - The proceeds from the ATM Equity Program will primarily be used for general corporate purposes, including funding ongoing operations, completing data center construction, repaying debt, and potential acquisitions [3][4]. Group 2: Company Position and Strategy - The CEO of Digi Power X stated that the company is in a strong position, being debt-free with solid cash reserves, and is focused on scaling its AI-ready Modular Solution platform [4]. - The company has not yet distributed any subordinate voting shares under the ATM Agreement [4]. Group 3: Regulatory and Compliance Information - The offer and sale of shares will be conducted under a prospectus supplement dated May 30, 2025, and a base shelf prospectus dated May 15, 2025, which have been filed with regulatory authorities [6]. - The ATM Equity Program will not involve sales on the TSX Venture Exchange or any other Canadian trading market [5].

Core Viewpoint - Digi Power X Inc. has announced a collaboration with Super Micro Computer, Inc. to deploy customized GPU rack solutions at its new data center in Alabama, marking a significant step in expanding its AI and high-performance computing infrastructure [1][2]. Group 1: Collaboration Details - The collaboration will initiate with an initial deployment aimed at operational readiness within 120 days, with full test operations expected in Q4 2025 [2]. - The project is set to lay the groundwork for broader expansion at the Alabama site, with plans to scale up to 22 megawatts (MW) in 2026 and 55 MW by 2027 [2]. Group 2: Company Overview - Digi Power X is described as a vertically integrated power infrastructure company focused on developing advanced data centers for high-performance computing [1]. - The company aims to drive the expansion of sustainable energy assets through its innovative energy infrastructure [3].

Core Insights - Digi Power X Inc. reported a strong financial performance for Q1 2025, with quarterly revenue of $9.3 million, a 65% increase compared to Q4 2024, and positive EBITDA of $0.5 million, indicating a return to operational profitability [3][8]. Financial Performance - Revenue for Q1 2025 reached $9.3 million, up 65% from $5.6 million in Q4 2024 [8]. - The colocation vertical grew by 256% to $5.1 million, compared to $1.4 million in Q4 2024 [8]. - The sale of energy increased by 155% to $3.4 million, up from $1.3 million in Q4 2024 [8]. - Net loss narrowed to $1.7 million, a 63% improvement from a loss of $4.6 million in Q4 2024 [8]. - Digital assets increased by 51% year-over-year to $4.4 million [8]. - Capital expenditures and energy deposits for Q1 2025 totaled $3.8 million, focused on Tier 3 data center development [8]. Strategic Development - The company owns 100% of its operational sites, providing long-term control over core assets [3]. - Digi Power X is developing a bespoke vertical Tier 3 AI data center solution, designed for next-generation NVIDIA workloads [3][4]. - The infrastructure development is in collaboration with a leader in AI data center logistics, focusing on advanced GPU architecture and energy efficiency [4]. - US Data Centers Inc., a subsidiary, is dedicated to developing the AI modular data center platform for rapid deployment across North America [5]. Market Outlook - The total value of coins mined and energy sales at the company's facilities was approximately $12.1 million in Q1 2025 [6]. - The company anticipates continued revenue growth in 2025, driven by rising demand for AI compute infrastructure and disciplined capital deployment [6]. - Digi Power X is pivoting towards Tier 3 AI data centers, which is expected to enhance shareholder value through 2025 and into 2026 [6].

Core Insights - Digi Power X Inc. is focused on developing advanced data centers for high-performance computing and aims to expand its power capacity from approximately 100MW to 200MW and beyond through existing assets and strategic acquisitions [3][4]. Monthly Production Highlights - The company reported gross energy and power revenue of approximately $0.7 million for April 2025 [6]. - Miners at the company's facilities produced around 30 BTC in April, valued at approximately $2.8 million based on a BTC price of $94,000 [6]. Operations Update - Digi Power X operates with about 100MW of available power across three sites and is actively working on expanding its capacity [3]. - The company has invested approximately $1.9 million year-to-date in capital expenditures and mining infrastructure support equipment, emphasizing a commitment to long-term growth while maintaining a disciplined capital allocation strategy [6]. Tier III HPC Data Center Update - The company is developing Tier 3 data center assets and investing in high-density compute infrastructure, with a focus on AI and HPC solutions through its subsidiary, US Data Centers, Inc. [4][5]. - The first major initiative involves transforming the existing site in Columbiana, Alabama, into a state-of-the-art Tier 3 data center to support next-generation AI and HPC workloads [5]. Financial Position - As of April 30, 2025, the company held cash, Bitcoin, and cash deposits totaling approximately $10.2 million, a slight decrease from $10.3 million on March 31, 2025 [6]. - The company maintains a clean balance sheet with zero long-term debt, which supports its capital flexibility and commitment to self-funding [6].

Core Viewpoint - Digi Power X Inc. reported significant revenue growth and maintained a strong balance sheet while remaining long-term debt free, positioning itself well for future quarters [1][2]. Financial Performance - The total aggregate revenue for Q1 2025 was approximately $12.1 million, representing a 115% increase from Q4 2024 revenue of $5.63 million [6]. - Revenue from digital currency mining was approximately $9.1 million, up 78% from $5.1 million in Q4 2024 [6]. - Revenue from energy sales reached approximately $3.0 million, a substantial increase of 436% from $0.56 million in Q4 2024 [6]. - The revenue split for the quarter was approximately 75% from mining and 25% from energy sales, indicating a commitment to diversifying revenue streams [6]. Operations Update - The company operates with approximately 100MW of available power and plans to expand to 200MW and beyond through existing assets and strategic acquisitions [4]. - Digi Power X continues to operate with zero long-term debt, enhancing its capital flexibility and commitment to self-funding [6]. Strategic Initiatives - The formation of US Data Centers, a wholly-owned subsidiary, aims to develop high-performance computing and AI-focused data centers [5][7]. - The first major initiative involves transforming the existing site in Columbiana, Alabama into a state-of-the-art Tier 3 data center to support next-generation AI and HPC workloads, with implementation planned for Q2 2025 [7].