Digi Power X reports strong financials with increased Bitcoin production and zero long-term debt

From GlobeNewswire: 2025-06-02 07:30:00

Digi Power X Inc. reported a 23% increase in Bitcoin production in May 2025, generating approximately $4.3 million in coins. The company also earned $0.6 million in gross energy and power revenue and invested $2.5 million in capital expenditures year-to-date. Digi Power X operates with zero long-term debt, focusing on self-funding and growth.

The company currently operates with 100MW of available power and aims to expand to 200MW. Digi Power X collaborates with Super Micro Computer, Inc. to deploy customized B200 GPU rack solutions at its Alabama data center, targeting 22MW in 2026 and 55MW by 2027. The company is dedicated to developing high-performance computing and AI-focused data centers.

Digi Power X’s 5.5 MW community solar project in upstate New York has generated nearly $100,000 in electricity bill credits since September 2024. The company is exploring integrating battery energy storage at its Buffalo facility to optimize energy usage, reinforce grid stability, and contribute to New York State’s energy storage goals of deploying 6GW by 2030.

Michel Amar, CEO of Digi Power X, emphasizes the company’s ESG strategy and commitment to aligning blockchain computing with sustainable energy infrastructure. The company’s investment in renewable energy and battery storage positions it at the intersection of digital infrastructure and clean technology, supporting operational excellence and environmental impact.



Read more at GlobeNewswire:: Digi Power X Maintains Strong Cash and Crypto Position With