Digi Power X Reports Strong Mid-Year Financials

Digihost Technology Inc ( (DGXX) ) has released its Q2 earnings. Here is a breakdown of the information Digihost Technology Inc presented to its investors.

Digi Power X Inc. is an innovative energy infrastructure company that specializes in developing data centers to expand sustainable energy assets, focusing on Tier 3 AI data centers and high-performance computing.

In its latest earnings report, Digi Power X announced a solid financial position for the mid-year 2025, highlighting the removal of the ‘going concern’ risk and achieving a positive adjusted EBITDA for Q2 2025. The company also reported significant improvements in its balance sheet and liquidity position.

Key financial highlights include a successful capital raise of $12.9 million in Q2 2025, a 163% year-over-year increase in colocation revenue, and a 127% rise in energy sales revenue. The company also eliminated long-term debts and reduced accounts payable by over $3.6 million since the end of 2024. Strategically, Digi Power X is on track with its first NVIDIA B200 GPU cluster deployment and is in advanced discussions with AI customers for long-term contracts.

Looking forward, Digi Power X anticipates continued growth in colocation and AI infrastructure deployments, supported by strong partnerships and an enhanced liquidity position. The company plans to expand its capacity to 200MW and beyond, leveraging its existing asset portfolio and strategic acquisitions to fuel growth.