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DGXXBullishCorporate Developmentsnews

High materiality8/10

Digi Power X posts first AI compute revenue; sizable contracted backlog supports growth

Aug 14, 2026, 7:35 AM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Milestones (first AI compute revenue, $1.1B contracted revenue, potential $2.5B, debt financing discussions) improve visibility into DGXX's growth path and could drive valuation re-rating despite near-term losses.

AI summary

What happened, with direct paths to the underlying reporting

Digi Power X reported Q2 2026 results with revenue of $6.6M and a $14.4M net loss, yet secured $1.1M AI compute revenue over five weeks. It carries $1.1B contracted AI data center revenue, with optional expansion to $2.5B, and a cash posture of about $142M with no debt. Alabama Phase I 15MW is due Dec 2026, underpinning 2027 growth.

Q2 2026 revenue: $6.6M. First AI compute revenue: $1.1M.
AI GPU infra deployed: ~$30M invested; ~0.6 MW capacity.
Contracted AI data center revenue: $1.1B; optional expansion to $2.5B.
Balance sheet: cash ~$142.4M as of 6/30/2026; no debt; Adjusted EBITDA $3.3M.
Alabama: Phase 1 15MW expected by Dec 2026; Phase 2 25MW by Mar 2027.

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