Digi Power X Expands "At-the-Market" Offering to $175 Million

Digi Power X Inc., a prominent AI data center operator, announced a $100 million increase in its at-the-market equity offering, now totaling up to $175 million. This expansion is part of an amended agreement with A.G.P./Alliance Global Partners. The company plans to sell subordinate voting shares on the Nasdaq Capital Market in the U.S. The offering excludes sales within Canada.

The raised funds aim to support Digi Power X's general corporate operations, facility construction, potential acquisitions for power infrastructure, and development of its AI and HPC network. This initiative highlights their strategy to enhance market presence and operational capacity.