Digi Power X advances AI infrastructure strategy during 2025

Digi Power X Inc (NASDAQ:DGXX, FRA:1NQ0, NEO:DGX) reported a twelvemonth of important equilibrium expanse maturation and a strategical pivot from cryptocurrency mining toward artificial quality (AI) infrastructure for the fiscal twelvemonth ended December 31, 2025.

The institution said currency and currency equivalents roseate to $78.5 cardinal from $1.7 cardinal successful the anterior year. Total assets accrued to $134.1 million, compared with $34.3 cardinal successful 2024, portion shareholders’ equity grew to $123.3 cardinal from $22.3 million. The institution reported nary outstanding indebtedness astatine year-end.

Total gross for 2025 was $34.2 million, down from $37 million a twelvemonth earlier. Digi Power X said the diminution was expected, reflecting a planned simplification successful cryptocurrency mining operations. Colocation gross accrued 11% to $17.5 million, and vigor gross roseate 186% to $13.2 million.

Digital currency holdings were valued astatine $14.8 cardinal astatine the extremity of the year, up from $4.5 cardinal successful 2024.

The institution reported a nett nonaccomplishment of $28.4 cardinal nether mostly accepted accounting principles. It said astir $22.2 cardinal of the nonaccomplishment was owed to non-cash items, including share-based compensation, depreciation, integer currency revaluation, and changes successful warrant liabilities. Adjusted EBITDA for the twelvemonth was antagonistic $3.2 million.

Digi Power X described 2025 arsenic a transitional play successful which it began scaling down cryptocurrency mining and expanding concern successful AI-related infrastructure. Capital expenditures roseate to $11 million, compared with $3.8 cardinal successful the erstwhile year.

"Twelve months ago, Digi Power X was a cryptocurrency mining institution with $1.7 cardinal successful cash,” CEO Michel Amar said successful a statement. “Today, we person $78.5 cardinal successful cash, zero indebtedness and a commissioned AI information halfway platform, and we expect to make our archetypal AI revenues pursuing the completion of investigating successful April."

The institution is processing AI information halfway capableness crossed aggregate US locations, including sites successful Alabama, New York, and North Carolina, with a full planned capableness of astir 400 megawatts. During the year, it received support for 60 megawatts of hydroelectric powerfulness successful upstate New York, expanded its North Carolina tract to 40 acres, and accrued its Alabama tract to much than 50 acres with 70 megawatts of approved capacity.

Digi Power X besides established US Data Centers, a subsidiary successful which it holds a bulk interest.

The institution said it expects to statesman generating gross from AI operations arsenic aboriginal arsenic April 2026, pursuing investigating astatine its Alabama facility. It added that it is successful discussions regarding a imaginable colocation agreement, though nary last statement has been reached.