The Nasdaq-listed company DigiPower X 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 and completing the construction of the company’s data centers to expand Bitcoin Mining capacity. In addition, DigiPower X also disclosed its unaudited Bitcoin Mining data as of May 31, 2025, revealing last month’s mining output of approximately 35 BTC, valued at about $3.7 million, with total cash, Bitcoin, and cash deposits held amounting to approximately $9.3 million.
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DigiPower X plans to raise $100 million to expand its Bitcoin mining capacity, producing 35 BTC last month.
The Nasdaq-listed company DigiPower X 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 and completing the construction of the company’s data centers to expand Bitcoin Mining capacity. In addition, DigiPower X also disclosed its unaudited Bitcoin Mining data as of May 31, 2025, revealing last month’s mining output of approximately 35 BTC, valued at about $3.7 million, with total cash, Bitcoin, and cash deposits held amounting to approximately $9.3 million.