Digi Power X Inc (NASDAQ:DGXX, TSX-V:DGX) has reported a sharp strengthening of its financial position as it advances its transition into AI-focused energy and data centre infrastructure, underpinned by a growing balance sheet and the rollout of its modular Tier III platform.
The company said it held approximately US$100 million in cash, digital assets and deposits as of January 2026, up from about US$8 million a year earlier, marking a 1,150% increase in liquidity year over year.
The balance comprises roughly US$79 million in cash, US$15 million in Bitcoin and Ethereum holdings, and around US$6 million in cash deposits, according to a Digi Power X statement.
Digi Power X said the strengthened liquidity provides a solid foundation to execute its 2026 AI infrastructure buildout, which includes deploying high-efficiency Tier III AI data centres and expanding power capacity across multiple US locations. The company told shareholders that it remains debt-free, which it sees as a key advantage in the capital-intensive AI infrastructure market, allowing it to self-fund growth while limiting balance sheet risk and potential shareholder dilution.
Operationally, the company said it is preparing to begin deployment of its ARMS 200 (AI-Ready Modular Solution) platform in the first quarter of 2026. The ARMS 200 is Digi Power X’s standardized modular data centre design, engineered for high-density GPU clusters, liquid cooling, low-latency networking and Tier III redundancy, with multi-megawatt scalability at each site. The platform represents the backbone of the company’s shift away from cryptocurrency mining toward AI-optimized critical load infrastructure.
Digi Power X also confirmed that its first ARMS 200 system has arrived at its Alabama facility and is now being installed for testing and commissioning. The unit will undergo operational validation before being readied for live customer workloads, marking the first physical deployment of the company’s next-generation AI data centre architecture.
In parallel, the company said it has completed implementation of its first NVIDIA B200 GPU cluster and remains on track to launch its GPU-as-a-Service offering, NeoCloudz, in the first quarter of 2026.
Built on a Supermicro enterprise-grade backbone and integrated directly with the ARMS modular platform, NeoCloudz is expected to operate as a unified GPU-as-a-Service layer across Digi Power X’s Tier III facilities, supporting the company’s broader strategy to become a diversified AI infrastructure provider.
Shares of Digi Power X gained 10% in early Tuesday trading at $3.04.