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Digi Power X Reports 45% Month-Over-Month Increase in Cash and Crypto Position with no Long-Term Debt and Reports June 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 Reports 45% Month-Over-Month Increase in Cash and Crypto Position with no Long-Term Debt and Reports June 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, July 01, 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 quarter and month ended June 30, 2025, combined with an operations update. All monetary references are expressed in U.S. dollars unless otherwise indicated.\n \n\n\n Second Quarter 2025\n \n\n Production\n \n\n Highlights\n \n\n\n\n The value of coins produced at the Company’s facilities between its self-mining and colocation agreements and energy sales was approximately $12.4 million in Q2 2025 (based on a BTC price of $107,750 as of June 30, 2025, per CoinMarketCap).\n \n\n\n\n Miners running at the Company’s facilities produced approximately 94 BTC during the quarter between self-mining and colocation agreements, representing an approximate value of $10.1 million (based on a BTC price of $107,750 as of June 30, 2025, per CoinMarketCap).\n \n\n\n\n The Company earned gross energy and power revenue of approximately $2.3 million for the three-month period ended June 30, 2025 through the provision of power capacity to market customers.\n \n\n\n\n\n Monthly\n \n\n Production\n \n\n Highlights for\n \n\n June\n \n\n 2025\n \n\n\n\n The Company held cash, BTC and cash deposits of approximately $13.5 million as of June 30, 2025, as compared to $9.3 million on May 31, 2025 (based on a BTC price of $107,750 as of June 30, 2025, and $105,800 as of May 31, 2025, per CoinMarketCap), representing an increase of 45% over the previous month.\n \n\n\n\n On a year-over-year basis, the Company’s total cash and crypto position increased by approximately 90% as compared to June 30, 2024.\n \n\n\n\n The Company has invested approximately $3.5 million year-to-date in capital expenditures and mining infrastruc...