DigiPower X Launches Stock Offering to Raise $100 Million to Expand Bitcoin Mining Capacity

Odaily Planet Daily News Nasdaq-listed DigiPower X announced the launch of a stock issuance plan to raise $100 million by selling voting shares to support its strategic roadmap. The new funds are intended to be used for general corporate purposes, including funding for ongoing operations and/or working capital needs, and completing the construction of the company's data center to expand Bitcoin mining capabilities. In addition, DigiPower X also announced unaudited Bitcoin mining data as of May 31, 2025, which disclosed that mining output last month was approximately 35 BTC, worth approximately $3.7 million, and that it held a total of approximately $9.3 million in cash, Bitcoin and cash deposits.