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DigiPower X plans to raise 100 million USD to expand Bitcoin mining capacity, with an output of 35 BTC last month.
DigiPower X, a Nasdaq-listed company, announced the launch of a stock issuance plan, aiming to raise $100 million by selling voting shares to support its strategic roadmap. The new funds are intended for general corporate purposes, including financing ongoing operations and/or working capital needs, as well as completing the construction of the company’s data center to expand Bitcoin mining capacity. In addition, DigiPower X also disclosed its unaudited Bitcoin mining data as of May 31, 2025, revealing that last month it mined approximately 35 BTC, worth about $3.7 million, with total cash, Bitcoin, and cash deposits amounting to approximately $9.3 million.