Digi Power X Conference: CFO touts $78.5M cash surge, AI data center pivot and 60MW hydro approval
Yahoo Finance·2026-04-02 07:12
Digi Power X logo Key Points Balance sheet strength: Cash rose to $78.5 million from $1.7 million year-over-year, working capital increased to $86.3 million and shareholders’ equity to $123 million, and management says the company has no long-term debt and can self-fund an initial $40 million capex program. Strategic pivot to AI: Digi Power X is shifting from Bitcoin mining to AI data centers, leveraging owned power generation and a regulatory approval for 60 MW of upstate New York hydropower within a t ...