The fi a ci g is to be st uctu ed at a p oject special pu pose vehicle (“SPV”) level, with a u secu ed Compa y gua a tee th ough p oject completio a d othe limited matte s. P oceeds a e i te ded to suppo t completio of the Alabama p oject a d elated p oject costs, helpi g p ese ve co po ate liquidity, mitigate sha eholde dilutio a d positio the Compa y to pu sue additio al custome co t acts.
As of the date he eof, Digi Powe X held app oximately US$135 millio i cash a d i vested app oximately US$153 millio i capital expe ditu es yea to date i 2026. The Compa y did ot issue a y sha es u de its at-the-ma ket (“ATM”) equity offe i g p og am du i g the thi d qua te of 2026, esulti g i o ATM- elated sha eholde dilutio du i g the qua te .
Co st uctio at the 40 MW Alabama campus emai s o ta get, with Phase 1 expected to be completed i Decembe 2026 a d Phase 2 i Ma ch 2027.
The Compa y’s fi st ARMS 200 modula data ce te has bee ope ati g successfully si ce May 2026, suppo ti g its GPU ba e-metal busi ess. The deployme t demo st ates Digi Powe X’s ability to ma age the i f ast uctu e suppo ti g these se vices, i cludi g powe , cooli g, data ce te ope atio s a d GPU systems.
Digi Powe X’s pa t e ship with Supe Mic o Compute , I c. (“Supe mic o”) suppo ts dedicated, ba e-metal access to NVIDIA Blackwell GPUs, e abli g custome s to deploy AI wo kloads without buildi g o ma agi g the u de lyi g i f ast uctu e themselves. Supe mic o ece tly highlighted the collabo atio publicly, u de sco i g its ole i powe i g Digi Powe X’s full-stack AI offe i g.
Digi Powe X pla s to expa d its AI toke facto y i f ast uctu e th ough its NeoCloudz platfo m, usi g the p op ieta y ARMS modula data ce te systems of US Data Ce te , I c., a subsidia y of which the Compa y is the la gest sha eholde , to suppo t fast deployme t. This expa sio is i te ded to suppo t the Compa y’s pla ed g owth i GPU ba e-metal se vices a d AI toke ge e atio . Buildi g o its i itial ARMS 200 deployme t, the Compa y i te ds to deploy additio al modula capacity to meet custome dema d a d g ow ecu i g AI i f ast uctu e eve ue.
Digi Powe X is i the pla i g phase to epu pose its New Yo k State sites i to AI toke facto ies, expa di g capacity fo GPU ba e-metal se vices a d AI toke ge e atio . The pla ed co ve sio is desig ed to educe site oise levels a d i co po ate closed-loop cooli g systems desig ed to mi imize wate co sumptio by eci culati g coola t without outi e evapo ative wate use.
The Compa y has also acqui ed a office a d labo ato y facility i Silico Valley to develop the tech ology a d ope atio al i tellige ce suppo ti g its AI toke facto y st ategy. Digi Powe X is b i gi g togethe top tale t i e gi ee i g, a tificial i tellige ce a d softwa e developme t to accele ate i ovatio a d st e gthe its capabilities as it expa ds its GPU i f ast uctu e a d AI se vices.
Digi Powe X is a fully i teg ated AI i f ast uctu e compa y that ow s a d ope ates the whole stack, f om powe ge e atio a d data ce te s to the compute s that u AI wo kloads. The Compa y offe s colocatio fo e te p ise a d hype scale custome s, ba e metal GPU e tal a d a toke facto y that delive s AI i fe e ce at scale. Because it co t ols the powe , the i f ast uctu e a d the compute, Digi Powe X ca b i g capacity o li e faste a d mo e affo dably. Fo mo e i fo matio , visit www.digipowe x.com.
Michel Ama , Chief Executive Office Digi Powe X I c.www.digipowe x.com
T adi g i the secu ities of the Compa y should be co side ed highly speculative. No stock excha ge, secu ities commissio o othe egulato y autho ity has app oved o disapp oved the i fo matio co tai ed he ei . Cboe Ca ada does ot accept espo sibility fo the adequacy o accu acy of this elease.
This p ess elease co tai s “fo wa d-looki g stateme ts” withi the safe ha bo p ovisio s of the P ivate Secu ities Litigatio Refo m Act of 1995, a d “fo wa d-looki g i fo matio ” withi the mea i g of applicable Ca adia secu ities laws (collectively, “fo wa d-looki g stateme ts”). All stateme ts othe tha stateme ts of histo ical fact a e fo wa d-looki g stateme ts. Wo ds such as “a ticipate,” “believe,” “co ti ue,” “estimate,” “expect,” “i te d,” “may,” “pla ,” “pote tial,” “p oposed,” “should,” “ta get,” “will,” “would” a d simila exp essio s a e i te ded to ide tify fo wa d-looki g stateme ts, although ot all fo wa d-looki g stateme ts co tai these wo ds.
Fo wa d-looki g stateme ts i this p ess elease i clude, without limitatio , stateme ts ega di g: the p oposed $200 millio debt fi a ci g, i cludi g the timi g of closi g a d fu di g, a d the satisfactio of co ditio s to closi g, i cludi g le de satisfactio of its dilige ce equi eme ts; the expected use of p oceeds, i cludi g the fu di g of emai i g co st uctio a d elated p oject costs, a d the a ticipated effects o co po ate liquidity a d sha eholde dilutio ; the p og ess, schedule a d completio of Phase 1 a d Phase 2 of the Compa y’s 40 MW AI data ce te i Columbia a, Alabama, the Compa y’s ability to pu sue additio al custome co t acts a d ge e ate ecu i g eve ue; the pla ed expa sio of the Compa y’s AI toke facto y i f ast uctu e, i cludi g th ough USDC a d the ARMS modula data ce te platfo m; the pla ed co ve sio of the Compa y’s New Yo k State sites a d the a ticipated oise a d wate use be efits of that co ve sio ; the a ticipated use a d be efits of the Compa y’s Silico Valley facility; a d the executio of the Compa y’s AI i f ast uctu e st ategy.
These stateme ts a e based o ma ageme t’s cu e t expectatio s, estimates a d assumptio s a d a e subject to k ow a d u k ow isks, u ce tai ties a d othe facto s that could cause actual esults to diffe mate ially, i cludi g, amo g othe s: the isk that the co ditio s to closi g u de the commitme t lette a e ot satisfied o waived o a timely basis o at all, o that the fi a ci g is ot completed o the a ticipated te ms o at all; the isk that the le de ‘s commitme t te mi ates o is modified; the possibility that fi a ci g p oceeds will be i sufficie t to fu d all emai i g co st uctio a d p oject costs; the isk that p elimi a y fi a cial i fo matio diffe s f om fi al epo ted esults; co st uctio delays, cost ove u s, supply chai dis uptio s a d the availability of equipme t, GPUs, labo a d powe ; pe mitti g, zo i g, e vi o me tal a d othe egulato y app ovals; the pe fo ma ce of co t acto s, pa t e s a d cou te pa ties; the ability of the Compa y a d its custome s to pe fo m u de the Compa y’s colocatio a d othe custome ag eeme ts; obligatio s u de the fi a ci g; dema d fo AI a d high-pe fo ma ce computi g i f ast uctu e; ge e al eco omic, ma ket a d i te est ate co ditio s; a d the othe isks a d u ce tai ties desc ibed u de “Risk Facto s” i the Compa y’s most ece t A ual Repo t o Fo m 10-K a d othe fili gs with the U.S. Secu ities a d Excha ge Commissio .
Reade s a e cautio ed ot to place u due elia ce o fo wa d-looki g stateme ts, which speak o ly as of the date of this p ess elease. Except as equi ed by applicable law, the Compa y u de takes o obligatio to update o evise a y fo wa d-looki g stateme t, whethe as a esult of ew i fo matio , futu e eve ts o othe wise.
View the o igi al p ess elease o ACCESS Newswi e
