Digi Power X reports 122% increase in cash and crypto holdings

Published 04/08/2025, 12:34
© Reuters.

Digi Power X Inc. (DGXX) reported its cash, Bitcoin, Ethereum and cash deposits increased to approximately $30 million as of July 31, 2025, compared to $13.5 million on June 30, 2025, according to a company statement.

The energy infrastructure company expanded its Bitcoin inventory from approximately 40 coins to 61 coins during July, representing a 51% monthly increase through mining activities and purchases. The company also diversified into Ethereum, acquiring 516.64 coins valued at approximately $1.9 million as of July 31.

Mining operations at the company’s facilities produced approximately 23 Bitcoin during July through self-mining and colocation agreements, representing an approximate value of $2.7 million based on Bitcoin’s July 31 price of $117,200. The company earned gross energy and power revenue of approximately $1.6 million in July through power capacity provision to market customers.

Digi Power X filed a provisional patent application for its ARMS 200 platform through subsidiary US Data Centers, Inc. The platform is designed to deliver 1 megawatt of compute capacity and support up to 256 NVIDIA B200/B300 GPUs with liquid cooling and dual-path power redundancy.

The company executed a purchase order with Super Micro Computer Inc. (NASDAQ:SMCI) to supply NVIDIA B200-powered systems for deployment in the ARMS 200 infrastructure. The first deployment will begin at the company’s Alabama site and is scalable to 40MW of critical power.

Year to date, 5,537,935 of the company’s warrants have been exercised or expired. The company invested approximately $5.2 million in capital expenditures and mining infrastructure support equipment year-to-date, including $1.7 million in July.

Digi Power X currently operates with approximately 100MW of available power across three sites and plans to expand capacity to 200MW. The company participates in load curtailment programs to reduce Bitcoin mining costs during periods of high summer capacity pricing.

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