Digi Power X Inc (NASDAQ:DGXX, TSX-V:DGX)’s Edward Karr talked with Proactive about a major $50 million investment into the company. The financing, completed through a single institutional investor, will accelerate Digi Power X’s transition from bitcoin mining to tier three AI data centers. Karr explained that the funds bring the company’s cash position to over $30 million, with no long-term debt, describing it as “fantastic financial shape for a small company.” The company is focusing on the deployment of ...

The next wave of artificial intelligence infrastructure won’t come from tech giants alone—but from nimble operators who already own the power. Take Digi Power X Inc (NASDAQ:DGXX, TSX-V:DGX), a Miami-based, NASDAQ- and Toronto-listed company that has spent the past eight years mining Bitcoin and quietly building out a power generation footprint. Now, it’s shifting gears, rebranding to become what CEO Michel Amar calls “a power infrastructure company” with a focus on Tier 3 NeoCloud AI data centers. Earlier t ...