Digi Power X Maintains Strong Cash and Crypto Position with Debt-Free Operations and Reports April 2025 Production Results

Core Insights - Digi Power X Inc. is focused on developing advanced data centers for high-performance computing and aims to expand its power capacity from approximately 100MW to 200MW and beyond through existing assets and strategic acquisitions [3][4]. Monthly Production Highlights - The company reported gross energy and power revenue of approximately $0.7 million for April 2025 [6]. - Miners at the company's facilities produced around 30 BTC in April, valued at approximately$2.8 million based on a BTC price of $94,000 [6]. Operations Update - Digi Power X operates with about 100MW of available power across three sites and is actively working on expanding its capacity [3]. - The company has invested approximately$1.9 million year-to-date in capital expenditures and mining infrastructure support equipment, emphasizing a commitment to long-term growth while maintaining a disciplined capital allocation strategy [6]. Tier III HPC Data Center Update - The company is developing Tier 3 data center assets and investing in high-density compute infrastructure, with a focus on AI and HPC solutions through its subsidiary, US Data Centers, Inc. [4][5]. - The first major initiative involves transforming the existing site in Columbiana, Alabama, into a state-of-the-art Tier 3 data center to support next-generation AI and HPC workloads [5]. Financial Position - As of April 30, 2025, the company held cash, Bitcoin, and cash deposits totaling approximately $10.2 million, a slight decrease from$10.3 million on March 31, 2025 [6]. - The company maintains a clean balance sheet with zero long-term debt, which supports its capital flexibility and commitment to self-funding [6].