Nasdaq-listed company DigiPower X announced the launch of a stock issuance plan, intending to raise $100 million by selling voting shares, aiming to support its strategic roadmap. The new funds are intended for general corporate purposes, including providing funds for ongoing operations and/or working capital needs, completing the construction of the company's data center to expand Bitcoin mining capacity. In addition, DigiPower X also disclosed unaudited Bitcoin mining data as of May 31, 2025, revealing that it mined approximately 35 BTC last month, worth approximately $3.7 million, with a total of approximately $9.3 million in cash, Bitcoin, and cash deposits.
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DigiPower X Launches Stock Offering to Raise $100 Million to Expand Bitcoin Mining Capacity
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