09:17 AM EDT, 04/01/2025 (MT Newswires) -- Digi Power X Inc. ( DGXX ) , an energy infrastructure company that develops data centers, on Tuesday provided unaudited comparative Bitcoin production results for the first quarter ended March 31, 2025, combined with an operations update.

The company in a statement said it "delivered significant revenue growth, maintained a strong balance sheet, and continued to execute on its capital investment strategy -- all while remaining long-term debt free."

"Our first quarter performance underscores the strength of our integrated model -- combining mining, energy sales, and data infrastructure," said CEO Michel Amar. "We have positioned ourselves to scale quickly, responsibly, and without leverage, which is increasingly rare in this space. With a healthy balance sheet, zero long-term debt, and triple-digit revenue growth in the previous financial year, we believe the company is well-positioned for the quarters ahead."

In an operations update, the company said it currently operates with approximately 100MW of available power across its three sites and is working towards expansion to 200MW and beyond. "The company plans to fuel this growth using its existing asset portfolio, combined with strategic expansion through targeted acquisitions."

In a Tier III HPC Data Center update, the company noted that earlier this quarter it announced the formation of US Data Centers, Inc., a wholly-owned subsidiary of the company dedicated to the development of high-performance computing and artificial intelligence-focused data centers.

As its first major initiative, US Data Centers plans to lead the transformation of the company's existing site in Columbiana, Alabama into a state-of-the-art Tier 3 data center designed to support next-generation AI and HPC workloads. The company plans to begin implementing this strategy in Q2 2025.