Digi Power X Reports Strong May 2025 Results and Expands Data Center Capacity

Digi Power X ( (TSE:DGX) ) has shared an announcement.

On June 2, 2025, Digi Power X Inc. reported its financial and operational results for May 2025, highlighting a 23% increase in Bitcoin production value compared to the previous month, totaling approximately $4.3 million. The company maintains a strong cash and crypto position with no long-term debt, supporting its capital flexibility. Digi Power X is expanding its data center capacity and has entered into a collaboration with Super Micro Computer, Inc. to deploy customized GPU rack solutions in Alabama, aiming for operational readiness within 120 days. Additionally, the company is advancing its sustainability efforts with a 5.5 MW community solar project in New York and exploring battery energy storage integration to enhance energy resilience and support New York State’s energy goals.

The most recent analyst rating on (TSE:DGX) stock is a Buy with a C$2.50 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 is an innovative energy infrastructure company that develops cutting-edge data centers to drive the expansion of sustainable energy assets.

YTD Price Performance: -23.25%

Average Trading Volume: 21,959

Technical Sentiment Signal: Sell

Current Market Cap: C$64.71M

For detailed information about DGX stock, go to TipRanks’ Stock Analysis page.