DGXX News & Events

Digi Power X (DGXX) announced that Hans Vestberg, former Chairman and CEO of Verizon (VZ), has joined the Company as a senior advisor serving on its Advisory Board to support the Company's expansion strategy. In his advisory role, Mr. Vestberg will work closely with Digipower X's executive team on: AI infrastructure deployment strategy and scaling frameworks; Distributed and edge-compute architectures for inference-driven workloads; Strategic partnerships with hyperscalers, enterprises, and infrastructure stakeholders; Power optimization and energy-efficient data center design; Tier-3 redundancy and mission-critical reliability standards; and International expansion strategy and site prioritization.

Digi Power X (DGXX) entered into a definitive agreement to acquire approximately $20 million of next-generation NVIDIA (NVDA) B300 GPUs from Super Micro Computer (SMCI). The GPU systems will be deployed within Digi Power X's Tier III AI data center infrastructure and made available through the Company's NeoCloudz platform, its proprietary GPU-as-a-Service offering. Initial customer availability for NeoCloudzTM is targeted for March 2026.

Digi Power X announced that it has entered into a settlement agreement with H.C. Wainwright & Co. related to certain disputed compensation in connection with the registered direct financing the company closed on July 23, 2025. Pursuant to the Agreement, Digi Power X agreed to pay a cash fee of $840,000 and to issue to Wainwright a warrant exercisable for up to an aggregate of 269,231 of the company's subordinate voting shares at a price of U2.85 per share for a period of five years from the date of issuance. All securities to be issued pursuant to the Agreement will be subject to the approval of the TSX Venture Exchange.

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.