Core Viewpoint - Thumzup Media Corporation has successfully completed the acquisition of Dogehash Technologies, marking a significant step in its transformation into a digital infrastructure company focused on blockchain mining and digital asset management [1][3][4]. Acquisition Details - The acquisition was approved by Thumzup's shareholders on December 8, 2025, and received all necessary approvals from Nasdaq, allowing the transaction to close [2]. - The combined entity will operate under the name "Datacentrex, Inc." with its common stock expected to trade on Nasdaq under the ticker symbol DTCX starting December 16, 2025 [2]. Strategic Positioning - The merger combines Dogehash's mining assets and infrastructure expertise with Thumzup's public company platform, positioning Datacentrex to pursue scalable, cash-flow-generating opportunities in digital asset infrastructure and next-generation computing [4]. - Dogehash operates approximately 3,100 Scrypt ASIC miners across four data centers in North America, with plans to expand the fleet to over 4,100 miners by deploying an additional 1,000 ASIC miners in the first half of 2026 [5]. Growth Expectations - The company anticipates continued growth in digital asset production through 2026, driven by energy-efficient hardware, low-cost power sourcing, and a scalable infrastructure [6]. - Datacentrex aims to maintain a diversified digital asset treasury, including Dogecoin, Litecoin, and Bitcoin, to generate yield from its mining operations [10]. Leadership and Governance - The leadership team of Datacentrex includes Parker Scott as CEO and Robert Steele as CFO, with a reconstituted Board of Directors featuring independent directors with extensive experience in digital infrastructure and public company governance [7][9][10]. - Newly appointed independent directors include Christopher R. Moe and Dr. Allan Evans, who bring significant leadership experience from Nasdaq- and NYSE-listed companies [8][10].

Core Insights - Digi Power X Inc. reported significant financial improvements for Q3 2025, including a working capital position of $15.1 million, a 2,731% increase from Q3 2024, and a positive net income of $0.3 million compared to a net loss of $6.4 million in the same quarter last year [4][21]. Financial Performance - The company achieved an EBITDA of $1.9 million in Q3 2025, up from a negative EBITDA of $2.5 million in Q3 2024, indicating improved operational efficiency [4][23]. - Total digital currency holdings reached $15.4 million, a 213% increase from $4.9 million in Q3 2024, with Bitcoin holdings valued at $11.2 million and Ethereum at $4.2 million [4][21]. - Revenue from colocation services surged to $13.5 million in the first nine months of 2025, compared to $3.6 million in the same period of 2024 [21]. Strategic Developments - The company is transitioning from cryptocurrency mining to AI-driven infrastructure, with plans to deploy its ARMS 200 Tier III AI data center pod by Q1 2026 [4][5]. - Digi Power X has received approval for an additional 60 MW of power capacity in New York, enhancing its energy infrastructure for future AI expansion [4][10]. - The company is in discussions with potential AI customers to secure long-term infrastructure contracts, although no contracts have been finalized yet [8]. Capital Expenditures and Investments - Approximately $3.1 million was invested in capital expenditures during Q3 2025, up from $1.5 million in Q3 2024, as the company transitions one facility into an AI-Tier III data center [4][21]. - The company has eliminated all long-term debts and reduced accounts payable by over $3.8 million since the end of 2024, strengthening its balance sheet [4][21]. Future Outlook - The company anticipates scaling its AI colocation services to 40 MW of critical IT load capacity by 2026, with further expansion planned for 2027 [12][14]. - Digi Power X aims to launch its NeoCloudz platform in January 2026, providing on-demand access to GPU compute for developers and enterprises [8][14].