Digi Power X Holds $155M Cash as AI Data Center Buildout Hits Milestones
CBRS•Digi Power X reported holding $155 million in unrestricted cash to support its AI-focused data center expansion. The company said the buildout has achieved key infrastructure milestones this quarter and remains on schedule for its target capacity ramp.
1. Progress on AI Data Center Buildout
Management confirmed that core infrastructure components—including power distribution units, high-density cooling systems and network backbone—are now in place, marking completion of the initial buildout phase and enabling upcoming server deployments.
2. Cash Position and Funding Outlook
The company has $155 million in unrestricted cash on hand, providing sufficient liquidity to fund remaining construction and equipment purchases for the data center expansion without tapping external financing.
3. Growth and Margin Implications
Once operational, the additional AI data center capacity is expected to contribute to revenue growth in early 2027 and improve gross margins through economies of scale as utilization climbs.
