Digi Power X Logs $155 Million Cash as AI Data Center Buildout Stays On Track
DGXX•Digi Power X’s AI data center buildout remains on schedule with initial infrastructure and power systems installed at its first facilities. The company held $155 million in cash as of early July to finance continued construction and related technology investments.
1. AI Data Center Buildout Progress
Digi Power X has advanced its AI data center expansion through foundational infrastructure work, completing primary power distribution and cooling system installations at its first two sites. Project managers report on-schedule delivery of critical hardware and expect server rack commissioning to begin later this quarter.
2. Cash Position and Funding
The company reported $155 million in cash and equivalents as of early July, providing a funding runway for the next phase of construction and equipment procurement. This liquidity will cover capital expenditures on power upgrades and support operating expenses until leasing and service revenues ramp up.
