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

Odaily星球日报2025/06/07 13:24

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Nasdaq-listed company DigiPower X announced the launch of a stock issuance plan, aiming to raise $100 million through the sale of voting shares to support its strategic roadmap. The new funds are intended for general corporate purposes, including funding ongoing operations and/or working capital needs, and completing the construction of the company's data center to expand Bitcoin mining capacity. Additionally, DigiPower X disclosed unaudited Bitcoin mining data as of May 31, 2025, revealing that last month's mining output was approximately 35 BTC, valued at around $3.7 million, with total holdings of cash, Bitcoin, and cash deposits amounting to approximately $9.3 million.

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