Digi Power X issues letter to shareholders

Digi Power X (DGXX) announces the release of the following report to shareholders by Michel Amar, Chairman and Chief Executive Officer. “As we reach the halfway mark of 2025, I want to personally thank you for your continued support and belief in Digi Power X Inc., as we execute on our vision to be a leader in the convergence of artificial intelligence infrastructure and sustainable power. I am pleased to share our recent progress and where we are headed next… One of the most meaningful developments this quarter was the launch of our partnership with Super Micro Computer (SMCI), a global leader in high-performance, energy-efficient server technology. Together, we are building AI data center systems powered by NVIDIA’s B200 GPUs, to be implemented at our Alabama data center facility… Through our partnership with Super Micro, we plan to deliver: complete turnkey hosting systems built on top-tier hardware; modular platforms tailored for enterprise and government needs; and scalable, power-ready environments optimized for GPU acceleration.. We are proud to report year-over-year revenue growth over the past fiscal year in our colocation and sale of energy revenue verticals, supported by solid performance across both our energy and infrastructure segments. In addition, we saw a revenue increase of approximately 64.5% in the first quarter of 2025, over the previous fiscal quarter. Our cash position remains strong, and we carry no long-term debt. This gives us the ability to pursue growth opportunities without compromising financial discipline. In addition, the interconnection load study for our New York site is expected to conclude in the coming months, which we anticipate will create new capacity and expansion potential on the East Coast.”