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Digi Power X pivots to AI infrastructure with $1.1B Cerebras contract, targeting $140M revenue by 2027.

Market News
17 Aug 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Digi Power X (DGXX) is shifting from crypto mining to AI infrastructure, backed by a $1.1 billion take-or-pay contract with Cerebras for 40 MW capacity in Alabama. The company plans dual revenue streams from colocation and GPU rentals, aiming for over $140 million in annualized contracted revenue by 2027. With $150 million in cash and no debt, DGXX is well-positioned to execute its projects, though future growth may require debt financing to avoid shareholder dilution from equity raises. The stock is rated Buy with a fair value near $7.50 per share, considering execution risks and customer concentration.

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