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Digi Power X Provides Letter to Shareholders on 2025 Highlights and Strategic Update
Globenewswire· 2025-12-24 12:30
Core Viewpoint - 2025 was a transformational year for Digi Power X as the company shifted from a digital asset mining focus to a power-backed AI infrastructure and Tier-3 data-center platform to meet the growing global demand for AI compute while still maintaining its digital asset mining operations [2] Strategic Transformation - Digi Power X executed a strategic pivot towards AI-ready, modular data-center infrastructure through its subsidiary, US Data Centers Inc., emphasizing the importance of secured power, scalable infrastructure, and flexible compute platforms for long-term value creation in the AI economy [3] ARMS 200 Deployment - The company completed the design and build-out of its flagship modular Tier-3 AI data-center pod, ARMS 200, which is expected to begin deployment in Q1 2026 at its Alabama facility, marking a transition to revenue-generating infrastructure [5] Power Portfolio & Infrastructure - Digi Power X expanded its power footprint significantly in 2025, securing 70 MW in Upstate New York, 123 MW in North Tonawanda, and 18.7 MW in Buffalo, with plans for 200 MW available for future development targeted for 2028-2029 [6][7][8] AI Compute and Customer Pipeline - The company advanced its AI compute roadmap and continued development of its GPU-as-a-Service platform, NeoCloudz™, while engaging in advanced negotiations with customers for 2026 to support contracted utilization as ARMS 200 and future deployments come online [9][12] Strengthened Leadership - Digi Power X strengthened its executive team by appointing Jagan Jeyapaul as Chief Technology Officer, who brings extensive experience in enterprise infrastructure and will lead the company's technology initiatives [10] Financial Strength - The company expects to end 2025 with a strong balance sheet, including cash and liquidity exceeding $100 million, no long-term debt, and year-to-date capital expenditures of approximately $13.5 million focused on infrastructure and AI readiness [13]
Enlightify Inc. Announces Delisting From NYSE
Globenewswire· 2025-10-27 21:00
Core Points - Enlightify Inc. has received notification from the NYSE regarding the commencement of delisting proceedings for its common stock due to non-compliance with listing standards [1][2] - The company does not intend to appeal the NYSE's determination, and the delisting will be effective 10 days after the filing of Form 25 with the SEC [3] - Following delisting, the company's common stock is expected to be quoted on the OTC Markets under the same ticker symbol (ENFY) [4] Company Overview - Enlightify Inc. produces and distributes humic acid-based compound fertilizers and other agricultural products through its subsidiaries [5] - In 2023, the company expanded its operations by purchasing digital asset mining machines and established Antaeus Tech Inc. for bitcoin mining [5]
Enlightify Inc. Notifies New York Stock Exchange of Intent to Cure Price Deficiency
Globenewswire· 2025-09-10 21:00
Core Points - Enlightify Inc. intends to address a price deficiency that has caused its stock to fall below the NYSE minimum average share price requirement of $1.00 [1] - The company has a six-month period to regain compliance with NYSE listing standards to avoid delisting [2] - The company's stock remains listed and traded on the NYSE, and the notification does not impact its business operations or SEC reporting obligations [3] Company Overview - Enlightify Inc. produces and distributes humic acid-based compound fertilizers and other agricultural products through its subsidiaries, including Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. and Beijing Gufeng Chemical Products Co., Ltd. [4] - In 2023, the company began purchasing digital asset mining machines and established Antaeus Tech Inc. to mine bitcoins in Texas [4]
ATIF Holdings Limited Announces Strategic Diversification to Bitcoin Business
Globenewswire· 2025-06-05 10:00
Core Insights - ATIF Holdings Limited is expanding into the Bitcoin sector with a five-year plan to accumulate 1,000 BTC through direct purchases and mining operations [1][3] - The company has chosen West Texas for its mining operations due to favorable regulatory conditions, affordable land, and competitive electricity costs [1][2] - The CEO emphasized Bitcoin as a long-term store of value and a strategic asset for growth, highlighting the importance of energy efficiency and sustainable operations in their mining facilities [2] Company Strategy - The company plans to implement a hybrid approach that includes both direct acquisition of BTC in the open market and the establishment of proprietary mining facilities [1][6] - ATIF Holdings aims to optimize cost control and scalability by focusing on energy-efficient mining operations [2] Industry Context - The move into Bitcoin mining represents a significant evolution in ATIF Holdings' business model, showcasing its commitment to innovation and long-term value creation in emerging technologies [3] - The broader industry trend is towards responsible and forward-looking crypto infrastructure development, which aligns with the company's planned operations [2]