Digi Power X Reports Strong Financial Health and Strategic Expansion Plans

The latest announcement is out from Digi Power X ( (TSE:DGX) ).

Digi Power X reported strong financial health with a debt-free operation and a robust cash and crypto position, holding approximately $10.2 million as of April 30, 2025. The company produced 30 BTC valued at $2.8 million in April and earned $0.7 million in energy and power revenue. Digi Power X continues to invest in its infrastructure, with $1.9 million spent year-to-date, and plans to expand its power capacity from 100MW to 200MW. The company is transforming its Columbiana, Alabama site into a Tier 3 data center to support next-generation AI and HPC workloads, reflecting its commitment to growth and sustainable energy solutions.

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 is an innovative energy infrastructure company that develops cutting-edge data centers to drive the expansion of sustainable energy assets. The company focuses on high-performance computing and artificial intelligence solutions through its wholly-owned subsidiary, US Data Centers, Inc.

YTD Price Performance: -14.01%

Average Trading Volume: 1,020,569

Technical Sentiment Signal: Buy

Current Market Cap: $50.13M

See more data about DGX stock on TipRanks’ Stock Analysis page.