DigiPower X launches stock issuance plan to raise $100 million to expand Bitcoin mining capabilities

According to Golden Finance, Nasdaq listed company DigiPower X has announced the launch of a stock issuance plan to raise $100 million through the sale of voting shares, aimed at supporting its strategic roadmap. The new funds are intended for general corporate purposes, including providing funding for ongoing operations and/or working capital needs, and completing the construction of the company's data center to expand its Bitcoin mining capabilities. In addition, DigiPower X also released unaudited Bitcoin mining data as of May 31, 2025, revealing that it mined approximately 35 BTC worth approximately $3.7 million last month, and held a total of approximately $9.3 million in cash, Bitcoin, and cash deposits.