financetom
Market
financetom
/
Market
/
Digi Power Up 5% in U.S. Pre-market on Improved Balance Sheet
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Digi Power Up 5% in U.S. Pre-market on Improved Balance Sheet
Nov 3, 2025 5:43 AM

08:23 AM EST, 11/03/2025 (MT Newswires) -- Digi Power X ( DGXX ) traded 5.3% higher at last look Monday in Nasdaq pre-market trading 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 $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 U.S.

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 $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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Equity Markets Rise, Extending Rally to Record
Equity Markets Rise, Extending Rally to Record
Mar 21, 2024
03:53 PM EDT, 03/21/2024 (MT Newswires) -- US benchmark equity indexes rose ahead of Thursday's close, extending rallies to records after the Federal Reserve a day earlier maintained its expectations for three rate cuts this year. The Dow Jones Industrial Average was up 0.8% at 39,813.9, while the S&P 500 rose 0.4% to 5,245.6. The Nasdaq Composite advanced 0.3% 16,415.3....
Top Cryptocurrencies Mixed; Bitcoin Hovers Above $65,000
Top Cryptocurrencies Mixed; Bitcoin Hovers Above $65,000
Mar 21, 2024
03:56 PM EDT, 03/21/2024 (MT Newswires) -- Most major digital assets were mixed Thursday, with bitcoin (BTC-USD) hovering above $65,000. The CoinDesk Market Index, which tracks 182 digital assets, was up 0.3% in the past 24 hours while the Nasdaq 100, the S&P 500 and the Dow Jones Industrial Average rose 0.6%, 0.5% and 0.9%, respectively. Bitcoin (BTC-USD), the largest...
Sector Update: Tech Stocks Rise Late Afternoon
Sector Update: Tech Stocks Rise Late Afternoon
Mar 21, 2024
03:51 PM EDT, 03/21/2024 (MT Newswires) -- Tech stocks were higher late Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.1% and the SPDR S&P Semiconductor ETF (XSD) climbing 2.5%. The Philadelphia Semiconductor index added 2.5%. In corporate news, Microsoft ( MSFT ) will pay Inflection AI $650 million and hire its staff in a licensing deal,...
US STOCKS-Wall Street hits record closing highs on rate-cut optimism; chipmakers rally
US STOCKS-Wall Street hits record closing highs on rate-cut optimism; chipmakers rally
Mar 21, 2024
(Updates with preliminary closing prices 04:00 p.m. ET/2000 GMT) By Sinéad Carew and Bansari Mayur Kamdar March 21 (Reuters) - Wall Street's three major stock indexes on Thursday registered record closing highs for the second day in a row after the Federal Reserve reassured investors about the prospects for rate cuts this year while chip stocks rallied after Micron Technology's...
Copyright 2023-2026 - www.financetom.com All Rights Reserved