This news release constitutes a “designated news release” for the purposes of the Company’s amended and restated prospectus supplement dated November 18, 2025, to its short form base shelf prospectus dated May 15, 2025.
MIAMI, Dec. 03, 2025 (GLOBE NEWSWIRE) — Digi Power X Inc. (“Digi Power X” or the “Company”) (Nasdaq: DGXX / TSXV: DGX), an innovative energy infrastructure company, today provided a comprehensive update on the execution of its AI infrastructure roadmap, highlighted by the deployment of its ARMS 200 Tier III modular data center platform, the completed implementation of its first NVIDIA B200 GPU cluster, the launch of its GPU-as-a-Service platform NeoCloudz in Q1 2026 and the expansion of its IP and global distribution partnerships.
ARMS 200 Deployment Beginning in Q1 2026
Digi Power X will begin deployment of its ARMS 200 (AI-Ready Modular Solution) platform in Q1 2026 across its U.S. Tier III facilities. ARMS is the Company’s standardized, modular AI data center architecture designed for:
• High-density GPU cluster integration;
• Liquid cooling and low-latency networking;
• Tier III redundancy across all pathways; and
• Multi-megawatt scalability at each location.
The ARMS platform is the backbone of Digi Power X’s transition from cryptocurrency mining to AI-optimized critical load infrastructure.
ARMS 200 Patent Filing Update
US Data Centers Inc., a wholly-owned subsidiary of Digi Power X, has completed the filing of its patent application with the United States Patent and Trademark Office (USPTO) for the ARMS 200 Tier III modular data center platform to cover key components of the ARMS architecture, including:
• Modular structural frame system;
• Integrated liquid-cooling configuration;
• Tier III redundant power and networking pathways; and
• Scalable multi-MW deployment configuration.
The Company expects to provide further updates as the USPTO examines the patent application.
Digi Power X Collaborates with Supermicro
Digi Power X is working with Super Micro Computer, Inc. (“Supermicro”) on the integration of the Company’s ARMS 200 Tier III-rated modular cluster line to enable global availability of the ARMS platform through Supermicro’s enterprise channel ecosystem.
The arrangement is intended to allow Digi Power X, through its wholly owned subsidiary US Data Centers Inc., to market, distribute and scale ARMS clusters internationally, giving enterprise and government clients access to a validated, turnkey, AI-ready Tier III modular data center solution built on Supermicro’s hardware backbone.
This recognition positions ARMS as a globally deployable product line, far beyond Digi Power X’s internal footprint.
First B200 GPU Cluster Completed in Alabama
As part of the ARMS rollout, Digi Power X has completed its first NVIDIA B200 GPU cluster at its Tier III Alabama campus. This cluster is optimized for:
• AI training;
• Large-scale inference; and
• Enterprise and research compute workloads.
The Company expects to begin initial data processing operations in Q1 2026, aligned with the launch of NeoCloudz (as described in further detail below).
Digi Power X is currently in the final stages of securing customer compute contracts that align with the B200 deployment schedule. Although discussions are in advanced stages, there is no guarantee that any such customer contracts will be finalized.
NeoCloudz to Go Live in Q1 2026
Digi Power X’s on-demand compute platform, NeoCloudz, is expected to launch in Q1 2026.
NeoCloudz is designed to provide scalable access to GPU compute for:
• AI startups;
• Enterprise AI/ML teams;
• Research institutions; and
• Developers and HPC workloads.
Built on a Supermicro enterprise-grade backbone and integrated directly into the ARMS modular architecture, the Company expects NeoCloudz will operate as a unified GPU-as-a-Service platform across Digi Power X’s Tier III facilities.
AI Transition Plan for Existing Power Assets
Digi Power X continues its strategic conversion of power capacity into Tier III AI infrastructure.
The Company is executing a phased deployment plan across its nearly 200 MW of available capacity.
Planned AI Deployment Schedule for 2026:
• Q1 2026: 5 MW
• Q2 2026: 15 MW
• Q3 2026: 30 MW
• Q4 2026: 55 MW total, including 40 MW critical
Current Available Power:
• Alabama: 55 MW
• New York: 141.7 MW
• Total Available Today: 196.7 MW
• North Carolina (anticipated 2028): 200 MW
The Company is targeting 195 MW operational by 2027, including 140 MW of critical Tier III AI capacity.
Strengthened Liquidity to Support AI Infrastructure Buildout
- The Company held cash, Bitcoin (“BTC”), Ethereum (“ETH”) and cash deposits of approximately $97 million as of November 30, 2025, as compared to approximately $85 million on October 31, 2025 (based on a BTC price of $90,390 as of November 30, 2025, and $109,600 as of October 31, 2025, per CoinMarketCap, and an ETH price of $2,990 as of November 30, 2025, and $3,800 as of October 31, 2025, per CoinMarketCap), broken out as follows:
- Cash available: approximately $77 million
- BTC and ETH holdings: approximately $14 million
- Cash deposits: approximately $6 million
Total liquidity as of November 30, 2025: Approximately $97 million
This robust liquidity positions Digi Power X to accelerate the rollout of its 2026 AI infrastructure development plan, which includes the planned deployment of high-efficiency Tier III AI data centers and expansion of the Company’s critical power capacity across multiple U.S. sites.
- Digi Power X expanded its inventory of BTC from approximately 112 BTC as of October 31, 2025, to 123 BTC as of November 30, 2025, representing an increase of approximately 10% over the previous month, through its mining activities (as described in more detail below).
- Digi Power X held approximately 1,000 ETH as of November 30, 2025, with a fair market value of approximately $3.0 million (based on an ETH price of $2,990 as of November 30, 2025 per CoinMarketCap), as compared to a fair market value of approximately $3.8 million as of October 31, 2025 (based on an ETH price of $3,800 as of October 31, 2025 per CoinMarketCap). The Company’s ETH position is currently staked to generate an annualized return of roughly 3% in rewards. This yield provides an additional recurring revenue stream while maintaining exposure to ETH’s long-term appreciation potential.
- The value of BTC produced at the Company’s facilities between its self-mining and colocation agreements and energy sales was approximately $2.9 million on November 30, 2025 (based on a BTC price of $90,390 as of November 30, 2025, per CoinMarketCap).
- Miners running at the Company’s facilities produced approximately 23 BTC during the month between self-mining and colocation agreements, representing an approximate value of $2.2 million (based on a BTC price of $90,390 as of November 30, 2025, per CoinMarketCap).
- The Company invested approximately $12.2 million year-to-date in capital expenditures and data center infrastructure support equipment, including approximately $3.6 million in November.
At the Market Equity Offering
The Company continues to strategically use its at-the-market equity offering as a flexible and efficient mechanism to raise and methodically deploy capital in support of Digi Power X’s AI infrastructure strategy. The ATM Program enhances the Company’s ability to continue scaling its build-out position, strengthen its balance sheet and pursue growth initiatives in alignment with its long-term vision while covering all working capital needs.
About
Digi Power X
Digi Power X is an innovative energy infrastructure company that develops Tier III-certified modular AI data centers and drives the expansion of sustainable energy assets.
For further information, please contact:
Michel Amar, Chief Executive Officer
Digi Power X Inc.
www.digipowerx.com
Investor Relations
T: 888-474-9222
Email: [email protected]
Cautionary
Statement
Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other
regulatory
authority
has
approved
or
disapproved
the
information
contained
herein.
Neither
the
TSX
Venture
Exchange
nor its
Regulation
Services
Provider
(as
that
term
is
defined
in
the
policies
of
the
TSX
Venture
Exchange)
accepts
responsibility
for
the adequacy or accuracy of this release.
Forward-Looking
Statements
Except for the statements of historical fact, this news release contains “forward-looking information” and “forward-looking statements”
(collectively,
“forward-looking
information”)
that
are
based
on
expectations,
estimates
and
projections
as
at
the
date of this news release and are covered by safe harbors under Canadian and United States securities laws. Forward-looking information in this news release includes information about the Company’s expectations concerning the potential further improvements to profitability and efficiency across the Company’s operations, including, as a result of the Company’s expansion efforts, potential for the Company’s long-term growth and clean energy strategy, and the
business
goals
and
objectives
of
the
Company.
Factors
that
could
cause
actual
results
to
differ
materially
from
those
described in such forward-looking information include, but are not limited to: delivery of equipment and implementation of systems may not occur on the timelines anticipated by the Company or at all; future capital needs and uncertainty of additional financing; share dilution resulting from equity issuances; risks relating to the strategy of maintaining and increasing Bitcoin holdings and the
impact
of
depreciating
Bitcoin
prices
on
working
capital;
effects
on
Bitcoin
prices
as
a
result
of
the
most
recent
Bitcoin
halving; development of
additional facilities and
installation of
infrastructure to
expand operations may
not
be completed on the
timelines anticipated
by
the Company,
or
at
all;
ability
to access
additional
power
from
the
local
power
grid and realize the potential of the clean energy strategy on terms which are economic or at all;
a
decrease
in
cryptocurrency pricing,
volume
of
transaction
activity
or
generally,
the
profitability
of
cryptocurrency
mining;
further
improvements
to
profitability and
efficiency
may
not
be
realized;
development
of
additional
facilities
to
expand
operations
may
not
be
completed
on
the
timelines anticipated by the Company; ability to access additional power from the local power grid; an increase in natural gas prices may negatively
affect
the
profitability
of
the
Company’s
power
plant;
the
digital
currency
market;
the
Company’s
ability
to
successfully mine digital
currency on
the cloud; the Company
may not
be able
to profitably liquidate its
current
digital
currency
inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company’s operations; the volatility of digital currency prices; and other related risks as more fully set out in the Annual Information Form of the Company and other documents disclosed under the Company’s filings at
www.sedarplus.ca
and
www.SEC.gov/EDGAR.
The forward-looking information
in
this
news
release
reflects
the
current
expectations,
assumptions
and/or
beliefs
of
the
Company
based
on
information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company
has
made
assumptions
about, among other things,
the
current
profitability
in
mining
cryptocurrency
(including
pricing
and
volume
of
current transaction
activity);
profitable
use
of
the
Company’s
assets
going
forward;
the
Company’s
ability
to
profitably
liquidate
its
digital currency
inventory
as
required;
historical
prices
of
digital
currencies
and
the
ability
of
the
Company
to
mine
digital
currencies
on the cloud will be consistent with historical prices; the ability to maintain reliable and economical sources of power to run its cryptocurrency
mining
assets;
the
negative
impact
of
regulatory
changes
in
the
energy
regimes
in
the
jurisdictions
in
which
the
Company operates; and there will be no regulation or law that will prevent the Company from operating its business. The Company has also assumed that no significant events occur outside of the Company’s normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainties therein. The Company undertakes no obligation to revise or update any forward-looking information other than as required by applicable law.
