Bitcoin pioneer Charlie Shrem peels back the layers on the lives and backgrounds of the world's most impactful innovators. Centering around intimate narratives, Shrem uncovers a detailed, previously unspoken story of the genesis and evolution of bitcoin, cryptocurrency, artificial intelligence, and the web3 movements. Join Shrem as he journeys through the uncharted territories of tech revolutions, revealing the human side of the stories that shaped the digital world we live in today.
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Digi Power X grows digital assets, accelerates AI infrastructure with new Alabama Tier 3 facility
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Manage episode 504236276 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Digi Power X Inc Edward Karr joined Steve Darling from Proactive to share a corporate update highlighting both the company’s growing digital asset portfolio and its strategic shift toward artificial intelligence (AI) infrastructure development. The update included details on operations in August and construction progress at its new Alabama AI campus. Karr reported that Digi Power X increased its Bitcoin holdings by 37% month-over-month, bringing its total to 85 Bitcoin, while Ethereum holdings nearly doubled to 1,000 ETH, collectively valued at approximately $4.4 million. During August, the company’s mining operations produced about 24 Bitcoin worth $2.6 million, contributing to a total of $3.5 million in combined production and energy sales. Year-to-date capital expenditures reached $5.5 million as the company continues to invest in infrastructure and growth. A key contributor to profitability was Digi Power X’s participation in load curtailment programs, which not only reduced Bitcoin mining costs but also supported grid reliability during periods of peak summer demand. At the end of August, the company held a strong liquidity position of $29 million in cash, digital assets, and deposits, compared with $30 million in July. Looking ahead, Digi Power X is executing a strategic pivot into AI-ready infrastructure. At its Alabama site, construction is underway on a Tier 3-certified facility, with the first ARMS 200 modular pod scheduled for installation in December 2025 and full operation expected in early 2026. The facility will deliver 40 MW of critical power capacity and 55 MW total, enough to support more than 10,000 NVIDIA Blackwell GPUs. To advance this initiative, Digi Power X has filed a provisional patent for the ARMS 200 platform, placed a purchase order with Super Micro Computer for NVIDIA-powered systems, and is preparing to launch its NeoCloud GPU-as-a-service platform in Q4 2025. While expanding into AI infrastructure, the company will continue to operate its Bitcoin mining facilities, with next-generation hydro-powered systems scheduled for deployment in early 2026. Digi Power X currently operates about 100 MW of capacity, with plans to scale beyond 200 MW as it builds a hybrid model at the intersection of digital assets and artificial intelligence. #DigiPowerX #nasdaq #dgxx #EdwardKarr #BitcoinNews #CryptoMining #AIInfrastructure #NvidiaB200 #Supermicro #Tier3DataCenters #ModularDataCenters #NeoCloud #ARMSPod #GenerativeAI #ProactiveInvestors #TechStocks #DigitalAssets
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614 episodes
MP3•Episode home
Manage episode 504236276 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Digi Power X Inc Edward Karr joined Steve Darling from Proactive to share a corporate update highlighting both the company’s growing digital asset portfolio and its strategic shift toward artificial intelligence (AI) infrastructure development. The update included details on operations in August and construction progress at its new Alabama AI campus. Karr reported that Digi Power X increased its Bitcoin holdings by 37% month-over-month, bringing its total to 85 Bitcoin, while Ethereum holdings nearly doubled to 1,000 ETH, collectively valued at approximately $4.4 million. During August, the company’s mining operations produced about 24 Bitcoin worth $2.6 million, contributing to a total of $3.5 million in combined production and energy sales. Year-to-date capital expenditures reached $5.5 million as the company continues to invest in infrastructure and growth. A key contributor to profitability was Digi Power X’s participation in load curtailment programs, which not only reduced Bitcoin mining costs but also supported grid reliability during periods of peak summer demand. At the end of August, the company held a strong liquidity position of $29 million in cash, digital assets, and deposits, compared with $30 million in July. Looking ahead, Digi Power X is executing a strategic pivot into AI-ready infrastructure. At its Alabama site, construction is underway on a Tier 3-certified facility, with the first ARMS 200 modular pod scheduled for installation in December 2025 and full operation expected in early 2026. The facility will deliver 40 MW of critical power capacity and 55 MW total, enough to support more than 10,000 NVIDIA Blackwell GPUs. To advance this initiative, Digi Power X has filed a provisional patent for the ARMS 200 platform, placed a purchase order with Super Micro Computer for NVIDIA-powered systems, and is preparing to launch its NeoCloud GPU-as-a-service platform in Q4 2025. While expanding into AI infrastructure, the company will continue to operate its Bitcoin mining facilities, with next-generation hydro-powered systems scheduled for deployment in early 2026. Digi Power X currently operates about 100 MW of capacity, with plans to scale beyond 200 MW as it builds a hybrid model at the intersection of digital assets and artificial intelligence. #DigiPowerX #nasdaq #dgxx #EdwardKarr #BitcoinNews #CryptoMining #AIInfrastructure #NvidiaB200 #Supermicro #Tier3DataCenters #ModularDataCenters #NeoCloud #ARMSPod #GenerativeAI #ProactiveInvestors #TechStocks #DigitalAssets
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