Digi Power X Inc Dossier
Qualitative Analysis
Business overview
Digi Power X Inc. (NASDAQ: DGXX; Cboe Canada: DGX), formerly known as Digihost Technology Inc., is a vertically integrated energy and digital infrastructure company. Headquartered in Miami, Florida, the company develops Tier III-certified modular AI data centers and drives the expansion of sustainable energy assets across multiple U.S. sites, including locations in New York, Alabama, and North Carolina. Digi Power X operates through three primary segments: Cryptocurrency Mining, Sales of Energy, and Colocation Services. The company is actively executing a major strategic pivot from pure-play Bitcoin mining to high-performance computing (HPC) AI infrastructure and GPU-as-a-Service (GPUaaS) offerings, delivered via its proprietary NeoCloudz platform.
Research as of 20 Jun 2026
Strategic Initiatives
Growth programs, investments, and their expected impact
Transitioning legacy cryptocurrency mining assets into Tier III-certified modular AI data centers and high-performance computing (HPC) infrastructure.
Expected impact: Replaces legacy, highly cyclical crypto mining revenues with high-margin, long-term contracted AI colocation and GPU-as-a-Service revenues.
Developing and scaling a retail and enterprise-grade GPU cloud platform built on a Supermicro enterprise backbone to deliver bare-metal NVIDIA GPU compute.
Expected impact: Targeting a year-end annualized revenue run rate of up to $100 million as capacity scales to approximately 10 MW.
Constructing a purpose-built, 40 MW AI data center campus in Columbiana, Alabama, featuring a dedicated on-site substation and grid interconnection with Alabama Power.
Expected impact: Anchors the 10-year, $1.1 billion colocation agreement with Cerebras Systems, providing long-term revenue visibility.
Mergers, Acquisitions & Partnerships
Recent deals and strategic collaborations
Strategic Partnerships
A transformational 10-year anchor contract valued at approximately $1.1 billion (expandable to $2.5 billion) to colocate a purpose-built 40 MW AI data center campus in Columbiana, Alabama.
Terms: Initial 10-year term valued at ~$1.1 billion, with potential total contract value of up to $2.5 billion inclusive of renewal terms and an expansion option worth an additional $1.4 billion.
A 24-month contract validating the commercial launch of the NeoCloudz GPU-as-a-Service platform, deploying dedicated NVIDIA Blackwell GPUs.
Terms: Expected total contract value (TCV) of approximately $19.6 million over 24 months, with a 15% non-refundable upfront payment (~$2.95 million).
A $35 million commitment to purchase NVIDIA's next-generation Vera Rubin platform to expand the NeoCloudz GPU-as-a-Service business, securing early-access compute nodes.
Terms: $35 million purchase commitment, intended to be funded from cash on hand.