Digi Power X Enters Strategic Partnership LOI with Pleasants
Digi Power X entered into a non-binding letter of intent with Omnis Pleasants, owner of the Pleasants Power Station, a 1.3 gigawatt power generation facility located in West Virginia, to pursue a strategic partnership supporting large-scale artificial intelligence and high-performance computing infrastructure. Pursuant to the terms of the LOI, the parties intend to conduct a comprehensive load and interconnection study of up to 1.3 GW, evaluating long-term power availability and grid connectivity for energy-intensive computing applications. The proposed strategic partnership also contemplates a long-term lease of up to 200 acres of land, that would enable Digi Power X to deploy AI and advanced computing infrastructure utilizing its proprietary ARMS modular Tier III data center platform. In addition, the LOI establishes a framework for potential equity alignment, including a mutual equity exchange between Digi Power X and Pleasants based on fair market valuation, as well as a defined pathway for Digi Power X to acquire an equity ownership stake in excess of 10% in the power plant entity, subject to definitive documentation, agreed valuation, financing structure and applicable regulatory approvals. Separately, Digi Power X and Pleasants intend to collaborate on a hydrogen-transition feasibility study for Digi Power X's New York power assets, aligning with broader decarbonization and energy-transition initiatives. The parties expect to initiate the load study within 30 days and target execution of definitive agreements within approximately 90 days, subject to customary conditions and approvals.
Trade with 70% Backtested Accuracy
Analyst Views on DGXX
About DGXX
About the author
Digi Power X (DGXX) Acquires $20M NVIDIA GPUs for AI Data Center Launching in 2026
- Acquisition Agreement: Digi Power X has entered into a definitive agreement to acquire approximately $20 million worth of next-generation NVIDIA B300 GPUs from Super Micro Computer, with deployment targeted for March 2026 in its Tier III AI data center.
- Market Positioning: The platform aims to provide on-demand high-performance GPU computing services through NeoCloudz to enterprises, AI startups, and research institutions, significantly lowering capital investment requirements for customers and addressing the growing demand for high-performance computing.
- Return on Investment Outlook: Digi Power X anticipates achieving a positive return on invested capital within about 30 months post-deployment, contingent on customer adoption rates, market conditions, and pricing strategies, reflecting the company's confidence in future market dynamics.
- Customer Onboarding Plan: The company plans to begin onboarding initial customers in the first half of 2026 following the completion of infrastructure deployment, further enhancing its market presence in the AI computing sector.
Digi Power X Settles Disputed Compensation with Wainwright for $840,000
- Settlement Agreement: Digi Power X has entered into a settlement agreement with H.C. Wainwright & Co., agreeing to pay a cash fee of $840,000 and issue 269,231 warrants, demonstrating the company's proactive approach to resolving financing disputes and aiming to maintain strong investor relations.
- Financing Context: This settlement is related to the registered direct financing completed on July 23, 2025, indicating the company's active engagement in capital markets and its focus on future financing strategies, which may influence subsequent funding efforts.
- Shareholder Rights Protection: The warrants have an exercise price of $2.85 per share and a five-year term, providing investors with potential upside while possibly impacting the company's equity structure.
- Market Reaction Expectations: The settlement is expected to alleviate market concerns regarding the company's financial stability, although it may exert slight pressure on the stock price in the short term, it is likely to enhance investor confidence in the long run.
Digi Power X Transitions to AI Data Centers, Expects Over $100 Million Cash Flow in 2025
- Strategic Transformation: In 2025, Digi Power X successfully pivoted to a power-backed AI infrastructure, enhancing its competitive position in the rapidly growing AI computing market.
- ARMS 200 Deployment: The company expects to begin deploying the ARMS 200 modular data center in Q1 2026, marking a transition from development to revenue-generating infrastructure, which is anticipated to significantly boost revenue.
- Power Asset Expansion: Digi Power X secured 123 MW of power supply in 2025, enhancing scalability across multiple U.S. regions and laying a strong foundation for future AI data center growth.
- Leadership Team Strengthening: The appointment of Jagan Jeyapaul as CTO will drive the operational deployment of ARMS 200 and the technical architecture of the NeoCloudz™️ platform, further enhancing the company's technical capabilities and market competitiveness.
Digi Power Names Jagan Jeyapaul as Chief Technology Officer
New Appointment: Digi Power X Inc. has appointed Jagan Jeyapaul as its Chief Technology Officer to lead the company's technology initiatives.
Technology Oversight: Jeyapaul will oversee the ARMS 200 Tier-3 modular data-center platform, AI infrastructure deployments, and the NeoCloudz GPU-as-a-service platform.
Software Development: He will also direct the development of customer integration software, focusing on seamless onboarding and API enablement.
Future Plans: Digi Power X is preparing to begin AI data processing in 2026 under Jeyapaul's leadership.
Digi Power Experiences 6.6% Decline Following AI Infrastructure Update
Company Update: Digi Power X (DGX.V) has provided an update regarding the progress of its AI initiatives.
Market Impact: The announcement has led to updates in the company's share performance.
LexinFintech Shares Surge Over 15%; Check Out 20 Stocks Making Moves in Premarket Trading
LexinFintech Holdings Performance: LexinFintech Holdings Ltd reported a significant increase in quarterly earnings, rising to 43 cents per share from 28 cents a year ago, despite a drop in sales to $367.580 million from $521.851 million. The stock surged 15.3% in pre-market trading.
Other Gainers in Pre-Market Trading: Several stocks saw notable increases in pre-market trading, including Inspire Veterinary Partners Inc (+54.4%), VisionSys AI Inc (+43.4%), and JX Luxventure Group Inc (+36.2%).
Losers in Pre-Market Trading: Conversely, stocks like Clearside Biomedical Inc (-50.3%), Shuttle Pharmaceuticals Holdings Inc (-15%), and XChange TEC.INC (-14%) experienced significant declines in pre-market trading.
Market Overview: The article provides a snapshot of various stocks' performances in pre-market trading, highlighting both gainers and losers, along with specific percentage changes.
Digi Power X (DGXX) Acquires $20M NVIDIA GPUs for AI Data Center Launching in 2026
- Acquisition Agreement: Digi Power X has entered into a definitive agreement to acquire approximately $20 million worth of next-generation NVIDIA B300 GPUs from Super Micro Computer, with deployment targeted for March 2026 in its Tier III AI data center.
- Market Positioning: The platform aims to provide on-demand high-performance GPU computing services through NeoCloudz to enterprises, AI startups, and research institutions, significantly lowering capital investment requirements for customers and addressing the growing demand for high-performance computing.
- Return on Investment Outlook: Digi Power X anticipates achieving a positive return on invested capital within about 30 months post-deployment, contingent on customer adoption rates, market conditions, and pricing strategies, reflecting the company's confidence in future market dynamics.
- Customer Onboarding Plan: The company plans to begin onboarding initial customers in the first half of 2026 following the completion of infrastructure deployment, further enhancing its market presence in the AI computing sector.
Digi Power X Settles Disputed Compensation with Wainwright for $840,000
- Settlement Agreement: Digi Power X has entered into a settlement agreement with H.C. Wainwright & Co., agreeing to pay a cash fee of $840,000 and issue 269,231 warrants, demonstrating the company's proactive approach to resolving financing disputes and aiming to maintain strong investor relations.
- Financing Context: This settlement is related to the registered direct financing completed on July 23, 2025, indicating the company's active engagement in capital markets and its focus on future financing strategies, which may influence subsequent funding efforts.
- Shareholder Rights Protection: The warrants have an exercise price of $2.85 per share and a five-year term, providing investors with potential upside while possibly impacting the company's equity structure.
- Market Reaction Expectations: The settlement is expected to alleviate market concerns regarding the company's financial stability, although it may exert slight pressure on the stock price in the short term, it is likely to enhance investor confidence in the long run.
Digi Power X Transitions to AI Data Centers, Expects Over $100 Million Cash Flow in 2025
- Strategic Transformation: In 2025, Digi Power X successfully pivoted to a power-backed AI infrastructure, enhancing its competitive position in the rapidly growing AI computing market.
- ARMS 200 Deployment: The company expects to begin deploying the ARMS 200 modular data center in Q1 2026, marking a transition from development to revenue-generating infrastructure, which is anticipated to significantly boost revenue.
- Power Asset Expansion: Digi Power X secured 123 MW of power supply in 2025, enhancing scalability across multiple U.S. regions and laying a strong foundation for future AI data center growth.
- Leadership Team Strengthening: The appointment of Jagan Jeyapaul as CTO will drive the operational deployment of ARMS 200 and the technical architecture of the NeoCloudz™️ platform, further enhancing the company's technical capabilities and market competitiveness.
Digi Power Names Jagan Jeyapaul as Chief Technology Officer
New Appointment: Digi Power X Inc. has appointed Jagan Jeyapaul as its Chief Technology Officer to lead the company's technology initiatives.
Technology Oversight: Jeyapaul will oversee the ARMS 200 Tier-3 modular data-center platform, AI infrastructure deployments, and the NeoCloudz GPU-as-a-service platform.
Software Development: He will also direct the development of customer integration software, focusing on seamless onboarding and API enablement.
Future Plans: Digi Power X is preparing to begin AI data processing in 2026 under Jeyapaul's leadership.
Digi Power Experiences 6.6% Decline Following AI Infrastructure Update
Company Update: Digi Power X (DGX.V) has provided an update regarding the progress of its AI initiatives.
Market Impact: The announcement has led to updates in the company's share performance.
LexinFintech Shares Surge Over 15%; Check Out 20 Stocks Making Moves in Premarket Trading
LexinFintech Holdings Performance: LexinFintech Holdings Ltd reported a significant increase in quarterly earnings, rising to 43 cents per share from 28 cents a year ago, despite a drop in sales to $367.580 million from $521.851 million. The stock surged 15.3% in pre-market trading.
Other Gainers in Pre-Market Trading: Several stocks saw notable increases in pre-market trading, including Inspire Veterinary Partners Inc (+54.4%), VisionSys AI Inc (+43.4%), and JX Luxventure Group Inc (+36.2%).
Losers in Pre-Market Trading: Conversely, stocks like Clearside Biomedical Inc (-50.3%), Shuttle Pharmaceuticals Holdings Inc (-15%), and XChange TEC.INC (-14%) experienced significant declines in pre-market trading.
Market Overview: The article provides a snapshot of various stocks' performances in pre-market trading, highlighting both gainers and losers, along with specific percentage changes.
