Globenewswireยท2025-09-02 11:30Core Insights - Digi Power X Inc. reported unaudited comparative Bitcoin production results for August 2025, highlighting operational updates and financial metrics [2][3] Financial Performance - As of August 31, 2025, the company held approximately $29 million in cash, Bitcoin (BTC), Ethereum (ETH), and cash deposits, a slight decrease from $30 million on July 31, 2025 [6] - The company's BTC inventory increased from approximately 61 BTC to 85 BTC, representing a 37% increase month-over-month [6] - The total ETH holdings rose by 93% from 516.64 ETH (valued at approximately $1.9 million) to about 1,000 ETH (valued at approximately $4.4 million) [6] - The value of BTC produced in August 2025 was approximately $3.5 million, with miners producing around 24 BTC valued at approximately $2.6 million [6] Operational Updates - The company has ceased BTC mining operations in Alabama, reallocating resources towards AI infrastructure development [6] - Construction of Tier 3-certified AI-ready facilities is underway in Alabama, with the first ARMS 200 pod expected to be operational in Q1 2026 [6] - The Alabama campus is designed to deliver 40 MW of critical power capacity, supported by a total of 55 MW, capable of supporting over 10,000 NVIDIA Blackwell GPUs [6] Strategic Initiatives - Digi Power X is in advanced discussions for financing future growth, expecting to utilize tenant contracts and up to 70% non-dilutive debt financing [6] - The company operates with approximately 100 MW of available power across three sites, with plans to expand capacity to over 200 MW through targeted acquisitions [8] - A definitive order has been placed with Super Micro Computer, Inc. for NVIDIA B200-powered systems, aligning with NVIDIA's initiative to connect data centers into an integrated AI grid [11]