Digi Power X Inc (Nasdaq: DGXX, Cboe Canada: DGX) is a cryptocurrency mining and digital infrastructure company that self-mines bitcoin and Ethereum while operating hosting and colocation services for third parties. Revenue is generated through the sale of self-mined digital assets and fees from hosting and colocation agreements. The company owns approximately 90 MW of consolidated operating capacity across three facilities in Buffalo, New York, North Tonawanda, New York, and Columbiana, Alabama, including a 60 MW power plant in North Tonawanda acquired in February 2023. As of December 31, 2025, the company held 1,009 Ethereum valued at approximately $3.0 million and self-mined approximately 2 bitcoins in Q4 FY2025. The company employs 17 individuals and engages 18 consultants and contractors as of March 31, 2026. It does not pay cash dividends. Gemini serves as its sole digital asset custodian. The digital currency mining industry is described in the FY2025 10-K as highly competitive, with competitors ranging from individual miners to large-scale public mining operations.

Revenue model

Transactional revenue from selling self-mined bitcoin and Ethereum, plus fee-based revenue from hosting and colocation agreements with third parties. The company is expanding toward data center operations targeting AI and high-performance computing workloads.

Products and services

Bitcoin self-mining, Ethereum holdings, hosting and colocation services for cryptocurrency mining, data center operations, and AI and HPC workload services under development. US Data Centers Inc. has filed a provisional utility patent for its AI-Ready Modular Solution (ARMS) 200 platform.

Customers and end markets

Hosting and colocation customers in the digital asset mining industry. End markets include cryptocurrency mining, digital infrastructure, and emerging AI and HPC compute services. No specific customer concentration data disclosed in the filing excerpts.

Value-chain role

Vertically integrated digital energy and infrastructure operator. Owns power generation assets, operates mining hardware, and provides infrastructure capacity to third-party miners as a colocation and hosting provider.

Geographic exposure

United States operations across three facilities in Buffalo, New York, North Tonawanda, New York, and Columbiana, Alabama. Canadian regulatory reporting obligations maintained as a reporting issuer under Canadian securities laws following uplisting to Cboe Canada in February 2026. No foreign currency hedging in place as of the filing date.

Source: SEC 10-K, filed 2026-03-31

Industry: Finance Services Peers: D-Wave Quantum Inc