Digi Power X Inc.

Analysis for Ticker: DGXX

Digi Power X Inc presents itself as a vertically integrated energy and artificial intelligence infrastructure giant managing 400 megawatts of power and high-tech data centers. The financial reality is a mathematical nightmare where the company generated a net loss of over 28 million$ and burned through 25 million$ in operating cash during 2025, while its core artificial intelligence segment produced exactly 0$ in revenue. This is like a lemonade stand that spends 25$ to sell nothing, surviving only by printing infinite coupons and selling them to neighbors. By the end of 2025, they had to print so much paper that the number of outstanding shares more than doubled from 33 million to nearly 70 million just to keep the lights on. The machinery of extraction was assembled long ago. In 01/2024, Alec Amar, the president and director, began collecting rights to free shares called restricted stock units. By 08/2024, private investors were holding warrants to dump 1,29 million shares on the market at a price of 2,00$. In 05/2025, they built a formal pipeline to sell stock to the public, and by 07/2025 they were already burning cash to settle legal disputes with H.C. Wainwright & Co. for 840.000$. On 04/09/2025, Alec Amar set an automated extraction machine in motion by adopting a trading plan. During 10/2025 and 11/2025, the chief executive officer, Michel Amar, signed the legal blueprints to sell even more shares to Americans and hand out free equity to insiders.