tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Digi Power X Expands Digital Asset Holdings and Shifts Focus to AI Infrastructure

Story Highlights
  • Digi Power X increased its Bitcoin and Ethereum holdings significantly in August 2025.
  • The company is transitioning to AI infrastructure, aligning with NVIDIA’s AI grid initiative.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Digi Power X Expands Digital Asset Holdings and Shifts Focus to AI Infrastructure

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Digi Power X ( (TSE:DGX) ) has provided an update.

Digi Power X has reported a significant increase in its digital asset holdings, with a 37% rise in Bitcoin and a 93% increase in Ethereum holdings over the past month. The company is pivoting towards AI infrastructure by ceasing Bitcoin mining operations in Alabama and constructing AI-ready facilities, which are expected to support substantial GPU deployments. This strategic shift is aligned with NVIDIA’s AI grid initiative, positioning Digi Power X to offer scalable AI solutions and potentially enhance its market position.

The most recent analyst rating on (TSE:DGX) stock is a Buy with a C$3.50 price target. To see the full list of analyst forecasts on Digi Power X stock, see the TSE:DGX Stock Forecast page.

Spark’s Take on TSE:DGX Stock

According to Spark, TipRanks’ AI Analyst, TSE:DGX is a Neutral.

Digihost Technology’s stock score reflects a mixed outlook. The company’s financial performance shows significant challenges with ongoing losses, impacting overall profitability. However, the technical analysis indicates strong upward momentum, suggesting market optimism. While the valuation is hindered by a negative P/E ratio, the earnings call and recent corporate events point to potential growth opportunities through strategic expansion and revenue diversification. Investors should weigh these opportunities against the persistent financial challenges.

To see Spark’s full report on TSE:DGX stock, click here.

More about Digi Power X

Digi Power X Inc. is an innovative energy infrastructure company that develops data centers, focusing on digital asset holdings and AI infrastructure. The company is involved in Bitcoin mining and is transitioning towards AI infrastructure development, particularly with its Alabama site build-out.

Average Trading Volume: 37,270

Technical Sentiment Signal: Buy

Current Market Cap: C$137M

Find detailed analytics on DGX stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1