DigiPower X plans to raise 100 million USD to expand Bitcoin mining capacity, with an output of 35 BTC last month.

On-chainStrategist · 2025-06-07T10:24:34+00:00

DigiPower X, a Nasdaq-listed company, has launched a $100 million stock issuance plan, with funds intended to support its strategic development and operational needs, including the construction of data centers to expand its Bitcoin mining capacity. At the same time, it announced that its Bitcoin mining data showed an output of approximately 35 BTC last month, with total held assets amounting to about $9.3 million.

On-chainStrategist

2025-06-07 10:24:34

Abstract generation in progress

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.

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