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The latest update is out from Digi Power X ( (TSE:DGX) ).
Digi Power X reported a 115% increase in quarterly revenue for Q1 2025, driven by significant growth in both digital currency mining and energy sales. The company maintained a strong balance sheet with zero long-term debt, highlighting its commitment to self-funding and capital flexibility. Digi Power X is expanding its operations with plans to increase power capacity and develop AI and HPC-focused data centers through its subsidiary, US Data Centers, Inc., positioning itself for future growth and innovation in the industry.
More about Digi Power X
Digi Power X Inc. is an innovative energy infrastructure company that develops cutting-edge data centers. The company operates in the energy and digital currency mining industries, focusing on integrating mining, energy sales, and data infrastructure. Digi Power X is committed to diversifying its revenue mix across synergistic verticals and maintaining a strong, debt-free financial position.
YTD Price Performance: -27.39%
Average Trading Volume: 545,866
Technical Sentiment Signal: Strong Buy
Current Market Cap: $39.31M
For an in-depth examination of DGX stock, go to TipRanks’ Stock Analysis page.