On May 30, 2025, Digi Power X Inc. (“DGX”) announced an at-the-market (ATM) equity offering of up to US$100 million (approximately C$138.06 million). The offering involves subordinate voting shares listed on Nasdaq under the symbol “DGXX” and conditionally approved for listing on the TSXV under “DGX.” The shares will be distributed in the United States only, through A.G.P./Alliance Global Partners, which will act as sales agent on a commercially reasonable efforts basis, with no minimum offering amount. Sales may occur via Nasdaq or other U.S. trading markets at prevailing market prices.

DGX will pay A.G.P. a broker fee of up to 3.0% of gross proceeds and reimburse the agent up to US$60,000 in initial expenses, with additional periodic and refresh-related reimbursements. Net proceeds, if any, are earmarked for general corporate purposes, including working capital, construction of a data center in Alabama, debt repayment, and potential acquisitions to expand mining capacity.

The offering is made pursuant to a shelf prospectus dated May 15, 2025, under a U.S. registration statement (Form F-10) declared effective on May 20, 2025. Legal matters are being handled by Peterson McVicar LLP (Canada) and Katten Muchin Rosenman LLP (U.S.) for DGX, and Sullivan & Worcester LLP for A.G.P.

DGX, formerly Digihost Technology Inc., operates Bitcoin mining facilities and a 60MW power plant in New York, with expansion into AI-focused infrastructure in Alabama.