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Digi Power X Expands Digital Asset Holdings and Accelerates Pivot to AI Infrastructure with Alabama Build-Out and Reports August 2025 Production Results
This news release constitutes a “designated news release” for the purposes of the C...
About this update from Digi Power X Inc.
[{"type":"text","content":"Digi Power X Expands Digital Asset Holdings and Accelerates Pivot to AI Infrastructure with Alabama Build-Out and Reports August 2025 Production Results\n\n\n\n\n This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 30, 2025 to its short form base shelf prospectus dated May 15, 2025.\n \n\n\n MIAMI, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Digi Power X Inc. (“\n \n Digi Power X\n \n ” or the “\n \n Company\n \n ”) (Nasdaq: DGXX / TSXV: DGX), an innovative energy infrastructure company that develops data centers, is pleased to provide unaudited comparative Bitcoin (“\n \n BTC\n \n ”) production results for the month ended August 31, 2025, combined with an operations update. All monetary references are expressed in U.S. dollars unless otherwise indicated.\n \n\n During the past month, the Company participated, and continues to actively participate, in a variety of load curtailment programs that reduce BTC mining costs, as summer capacity pricing has been historically high. By contributing and performing in these load reduction programs, the Company has seen a reduction in its BTC mining costs, in addition to being able to provide crucial grid reliability to surrounding electric consumers\n \n\n\n Monthly\n \n\n Production\n \n\n Highlights for\n \n\n August\n \n\n 2025\n \n\n\n\n The Company held cash, BTC, Ethereum (“\n \n ETH\n \n ”) and cash deposits of approximately $29 million as of August 31, 2025, as compared to $30 million on July 31, 2025 (based on a BTC price of $108,200 as of August 31, 2025 and $117,200 as of July 31, 2025, per CoinMarketCap).\n \n\n\n\n Digi Power X expanded its inventory of BTC from approximately 61 BTC as of July 31, 2025 to 85 BTC as of August 31, 2025, representing an increase of 37% over the previous month, through its mining activities and the purchase of BTC.\n \n\n\n\n Continued to diversify the Company’s crypto portfolio with the conversion of cash into ETH during the month, bringing total ETH holdings to approximately 1,000 ETH as of August 31, 2025, representing a fair market value of approximately $4.4 million (based on a ETH price of $4,390 as of August 31, 2025 per CoinMarketCap), as compared to 516.64 ETH held as of July 31, 2025, represent...