12:16 PM EST, 11/03/2025 (MT Newswires) -- (Updates shares.)

Digi Power X ( DGXX ) traded 1.7% higher at last look Monday as the company improved its balance sheet and liquidity position in October.

The AI infrastructure company said it held cash, Bitcoin, Ethereum and cash deposits of US$85 million as of Oct. 31, compared to US$29 million on Sept. 30.

Digi Power said this positions the company 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 its critical power capacity in the United States.

Digi Power said its BTC inventory expanded to 112 in October from 100 in September. The value of BTC produced at the company's facilities between its self-mining and colocation agreements and energy sales totaled US$3.4 million in October.

Meanwhile, Digi Power said it continues to expect the launch of its retail compute platform called NeoCloudz in January 2026. It also expects to begin implementing its AI-Ready Modular Solution 200 platform at the same time.

For 2027, Digi Power is targeting a total operational capacity of 195 MW, including 140 MW of critical AI compute infrastructure.

The company's shares were last seen up $0.14 to $8.60 on the TSX Venture Exchange.

Price: 8.60, Change: +0.14, Percent Change: +1.65