Core Viewpoint - Digi Power X Inc. successfully closed a registered direct offering of 4,807,693 shares at a price of U.S.$3.12 per share, raising approximately U.S.$15 million, which strengthens its financial position with over U.S.$30 million in cash and no long-term debt [2][3][9] Financial Highlights - The offering generated gross proceeds of approximately U.S.$15 million before deducting fees and expenses [2][4] - Post-offering, the company holds over U.S.$30 million in cash and cash equivalents with zero long-term debt [3][8][9] Offering Details - The offering was made to a single new fundamental institutional investor, indicating growing interest in the company's scalable AI infrastructure strategy [3][9] - Titan Partners Group acted as the sole placement agent, receiving a 7% cash commission and purchase warrants [4][9] Strategic Use of Proceeds - Proceeds from the offering will be used to expand the deployment of NeoCloud Tier 3 AI infrastructure, accelerate manufacturing and global distribution of ARMS 200 pods, and support strategic joint ventures and energy deployments [9]

Core Insights - Applied Digital (APLD) has secured a 250MW lease agreement with CoreWeave (CRWV) for its Ellendale campus, enhancing its position in the AI infrastructure market [1][9] - The new liquid-cooled facility at Ellendale is designed for AI workloads and is expected to commence operations in the fourth quarter of 2025 [2] - APLD's previous financial partnerships have unlocked up to $5.4 billion in financing, indicating strong confidence in its scalability [2][9] Infrastructure Development - The first 100MW facility at Ellendale is fully constructed, with an additional 150MW planned through 2026 [3] - APLD's early investments in power infrastructure and land banking provide a competitive edge in a market with high demand for AI data centers [3] Strategic Moves - APLD is considering a strategic sale of its Cloud Services business, which could streamline operations and facilitate a future conversion to a REIT [4] - This divestiture may lower the cost of capital and enhance the company's valuation [4] Market Position - APLD has a 1.4GW pipeline and is gaining credibility among top-tier AI clients, positioning itself as a key player in the AI compute sector [5] - The recent lease agreement with CoreWeave is expected to strengthen APLD's long-term cash flows and strategic relevance in the hyperscale AI market [5] Competitive Landscape - CoreWeave and Equinix (EQIX) are significant competitors, with both making substantial investments in hyperscale infrastructure [6] - Equinix has announced a joint venture to raise over $15 billion for expanding its xScale data centers, adding more than 1.5GW of capacity [7] Financial Performance - APLD's shares have increased by 43.3% year-to-date, outperforming the industry average gain of 6.6% [8] - The company trades at a forward price-to-earnings ratio of 8.94, above the industry average and its three-year median of 1.66 [11] - The Zacks Consensus Estimate for APLD's fiscal 2026 earnings suggests a 67.2% year-over-year increase [12]

Partnership & Industry Focus - Oklo and Vertiv Holdings are partnering to provide power and cooling solutions for AI data centers [1] - The partnership focuses on small, modular nuclear power reactors [1]

Core Insights - BitNile.com aims to enhance the adoption and accessibility of its native utility token $NILE through a potential listing on a centralized digital asset exchange [1][3] - The current market capitalization of $NILE is approximately $103 million, with 99% of the tokens held by BitNile [2] - The company is heavily investing in the development of a new Web3 ecosystem where $NILE will serve as a foundational element [3][4] Company Strategy - BitNile plans to expand the availability of $NILE beyond decentralized exchanges in the second half of 2025 to increase user adoption [3] - The CEO of BitNile emphasized the importance of brand recognition and the goal to create a Web3 entertainment community centered around $NILE [4] - Key features of the new ecosystem include mobile gaming integration, validator node architecture, and real-time utility for blockchain applications [7] Financial and Operational Overview - Hyperscale Data, the parent company, operates a data center for mining digital assets and providing colocation services, while also pursuing growth through acquisitions [5] - The company plans to divest its subsidiary Ault Capital Group by December 31, 2025, focusing solely on data center operations and high-performance computing services thereafter [6][8]

Summary of Key Points from the Conference Call Industry Overview - The focus is on the **data center industry** and its relationship with **AI technology** and **capital markets**. The rapid transformation driven by generative AI is reshaping the global economy, necessitating substantial capital expenditure, particularly in data centers [2][3]. Capital Expenditure Forecast - A forecast of approximately **$2.9 trillion** in global data center spending through **2028** is presented, with **$1.6 trillion** allocated for hardware (chips/servers) and **$1.3 trillion** for building infrastructure, including real estate and maintenance [2]. - Annual investment needs are expected to exceed **$900 billion** by **2028**, which is comparable to the total capital expenditure of all S&P 500 companies combined, estimated at **$950 billion** in **2024** [2]. Economic Impact - Investment spending related to data center construction and power generation is projected to contribute an additional **40 basis points** to **US real GDP growth** between **2025-2026** [2]. Financing Gaps and Solutions - The capital requirements to support this level of investment are described as staggering, leading to a significant **$1.5 trillion financing gap** after estimating that **$1.4 trillion** of hyperscaler capital expenditure may be self-funded [3][7]. - Credit markets, including secured, unsecured, and securitized options in both public and private markets, are expected to play a crucial role in financing data centers [3][4]. Financing Channels Breakdown - The estimated financing channels to address the gap include: - **Unsecured corporate debt issuance** from technology sector issuers (~**$200 billion**) - **Securitized markets** (data center ABS and CMBS) (~**$150 billion**) - **Private credit markets** (asset-based financing) (~**$800 billion**) - Other capital sources (sovereign, private equity, venture capital, and bank lending) (~**$350 billion**) [8]. Role of Private Capital - Private capital, particularly in credit markets, is anticipated to meet a significant portion of the financing gap due to the growing assets under management in a higher rate environment and the complex financing needs associated with AI development [4][8]. Assumptions and Risks - The sizing of different financing channels involves considerable assumptions and potential guesswork, with the possibility of shifts in financing forms over time [9][10]. Conclusion - Credit markets are positioned to be a major enabler of AI-driven technology diffusion, with data center financing emerging as a persistent theme for credit investors [10].

Core Insights - OpenAI has confirmed a significant deal with Oracle for data center services, which is expected to generate $30 billion annually [1][2][4] - The deal involves 4.5 gigawatts of capacity as part of the Stargate project, a $500 billion initiative involving OpenAI, Oracle, and Softbank [4] - OpenAI's annual recurring revenue has recently reached $10 billion, indicating substantial growth [8] Company Details - Oracle's SEC filing revealed the $30 billion cloud deal, which led to a surge in its stock price and increased the wealth of its founder, Larry Ellison [2][3] - The deal represents a significant portion of Oracle's cloud services, which totaled $24.5 billion for all customers in fiscal 2025 [3] - Oracle's capital expenditures are projected to reach nearly $50 billion over two years, primarily for data centers [6] Project Implications - The construction of the data center at the Stargate I site in Abilene, Texas, will be a costly endeavor for both OpenAI and Oracle [5] - The power capacity of 4.5 gigawatts is equivalent to the output of two Hoover Dams, sufficient to power approximately four million homes [4] - OpenAI's commitment to Oracle's services is three times its current annual revenue, highlighting the scale of the investment [8]

Data Center Expansion - OpenAI and Oracle are undertaking a new 4.5 GW data center expansion [1] Industry Collaboration - CNBC's Kristina Partsinevelos discusses the collaboration between OpenAI and Oracle on 'Money Movers' [1]

Core Viewpoint - Digi Power X Inc is transitioning from Bitcoin mining to focus on AI data centers, aiming to leverage its existing power infrastructure for higher-value opportunities in the AI sector [1][2]. Company Strategy - The company is rebranding itself as a power infrastructure provider, specifically targeting Tier 3 NeoCloud AI data centers [1][2]. - Digi Power X has four operational sites and approximately 100 megawatts of Bitcoin mining capacity, with plans to develop its first Tier 3 AI data center in Alabama [2][3]. - The economic valuation of AI infrastructure is significantly higher than Bitcoin mining, with AI infrastructure valued at $10 million to $12 million per megawatt compared to $500,000 per megawatt for Bitcoin mining [2]. Infrastructure and Deployment - The Alabama site is expected to be operational by late 2025, initially using 200 Nvidia B200 chips, with plans to upgrade to B300s in early 2026 [3]. - The company can build a Tier 3 data center in six to nine months, significantly faster than the typical three to five years required by new entrants [4]. - Digi Power X's partnership with Super Micro Computer enhances its capabilities, allowing for rapid deployment of AI data centers optimized for high-performance computing [6][7]. Financial Performance - The company's model aims to deliver predictable cash flow and strong margins, with a payback period of less than three years [8]. - Digi Power X's power generation assets have been profitable, supplying electricity to the grid at margins described as "exceptional" during recent heatwaves [11]. - The company is rebating gas at $2.55 per gigajoule, resulting in an effective cost of around $31–32 per megawatt-hour, while the grid pays up to $150 per megawatt-hour [11]. Market Positioning - Digi Power X positions itself as a complementary infrastructure provider to major tech companies, focusing on dedicated AI infrastructure solutions [12]. - The company is refining its execution strategy to convert megawatts into higher-value infrastructure, aiming for a 20 to 25 times multiple [12].

VANCOUVER, British Columbia – July 22, 2025 – TheNewswire - Carrier Connect Data Solutions Inc. (TSX.V:CCDS; OTCQB:CCDSF; WKN: A40XB1) (the "Company" or "Carrier"), a data center company on a mission to roll up Tier II/III data centers internationally that specialize in delivering co-location, announces that it has qualified for trading on the OTCQB® Venture Market ("OTCQB") in the United States operated by the OTC Markets Group Inc. Effective on July 17, 2025, common shares of Carrier began trading on the ...

About Bitfarms Ltd. This news release constitutes a "designated news release" for the purposes of the Company's second amended and restated prospectus supplement dated December 17, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario, July 22, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF) ("Bitfarms" or the "Company"), a global energy and compute infrastructure company, today announced that the Board of Directors has approved effective immediately the commencem ...