8-K - Digi Power X Inc. | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

Digi Power X Inc. reported its fiscal year 2025 financial results, highlighting a strategic pivot from cryptocurrency mining to AI infrastructure with zero debt, $93 million in liquid assets, and a 400MW capacity pipeline.

Key Takeaways

1The company pivoted from cryptocurrency mining to AI data centers and GPU-as-a-Service, ending FY2025 with zero debt and $93M in liquid assets.

2Total revenue for FY2025 was $34.2 million, an 8% decrease from the prior year, which management described as an intentional pivot in progress.

3Colocation revenue grew 11% to $17.5 million, while energy revenue increased 186% to $13.2 million, forming the foundation for AI infrastructure.

4The company expects to generate its first AI revenues as early as the end of April 2026 and has a projected annualized revenue run-rate of up to $282 million upon full activation of its AI infrastructure.

5Key accomplishments include securing 60MW of hydroelectric power in Upstate New York, expanding its North Carolina site to 40 acres, and approving 70MW of power capacity at its Alabama site.

Current Report Details

Event Type

Financial Results

Exhibits Only

Disclosure

Mandatory

Variant

8-K

Items Reported

2.02

and Exhibit 99.1 attached hereto is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended

Financial Results

9.01

. Financial Statements and Exhibits.** (d) Exhibits | Exhibit Number | | Description | |---|---|---| | 99.1 | | Material Change Report dated March 31, 2026 | |

Exhibits Only

Source Document

Results of Operations

Full Year 2025

Metric	Value	Basis	Prior Period
Revenue	$34.20		$37.00
Net Loss	$-28.40	GAAP
Adjusted EBITDA	$-3.20	Non-GAAP

Forward Guidance

Upon full activation of AI infrastructure

GPU-as-a-Service Revenue

annualized

Colocation Services Revenue

annualized

Exhibits (2)

8-K

CURRENT REPORT

99.1

MATERIAL CHANGE REPORT DATED MARCH 31, 2026