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Personal note from me as a director of $DGXX (Digi Power X). My views, posted in my personal capacity, not the Company's.
1). Q1 2026 was an inflection point. Adjusted EBITDA flipped to a positive $1.1M from a $1.3M loss a year ago, a $2.4M YoY improvement, while we deliberately wound down legacy crypto mining.
2). Michel Amar on the call: "the most consequential strategic decision in company history" was the pivot from Bitcoin mining to AI infrastructure. The strategy is now executing.
3). The anchor: a 10-year, $1.1B Master Services Agreement (expandable to $2.5B) with one of the world's top chipmakers, for a 40 MW campus in Columbiana, AL. Phase 1 of 15 MW targets RFS December 2026, full 40 MW by end Q1 2027.
4). NeoCloudz GPU-as-a-Service is LIVE. First bare-metal GPU rental went live on the day of the call, a 24-month contract with SubQuadratic AI, on NVIDIA B200 and B300, in Columbiana.
5). Balance sheet, per public release and call: ~$125M cash, ~$15M digital assets, zero long-term debt, ~$45M YTD capex at Columbiana. Michel: "the strongest in the Company's history."
6). Financing strategy is public. Michel confirmed a term sheet has been signed with a lender, contemplating a 70/30 loan-to-cash structure, to fund the build out via debt rather than dilution.
7). Power moat. ~210 MW already grid-connected today. ~393 MW total secured across AL, Niagara Falls, NC, and Buffalo. 1.3 GW WV LOI for 2028 through 2030. Michel: "We don't need to wait for an interconnection with the utility."
8). Multi-year revenue goals (public, from the call): 2027: ~$300M run rate 2028: $450 to $500M run rate 2029: $800M to $1B run rate
9). Michel: "We are no longer building toward the top tier of this industry. We are in it." He also said publicly that the Company is "receiving interest from institutions, partners, and lenders."
10). Proud to serve with this team. Rely on the Company's public filings (SEDAR+, EDGAR), not this thread. Not investment advice. Forward looking statements subject to risks in our public disclosures.
Gerard Rotonda, Director, $DGXX

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