First, the cash register got louder
Digi Power X says it has signed a 24-month bare metal GPU rental agreement with SubQ AI, and the deal is worth roughly $19.6 million. That’s not pocket change — it’s the kind of contract that can help turn all that AI buzz into actual dollars.
Why investors care
GPU capacity is the new gold rush. Everyone wants compute, and if you own the shovels, you get paid when the miners show up. This deal gives Digi Power X a concrete way to monetize its infrastructure instead of just talking about the AI opportunity like it’s a mood board.
The capital-raising subplot
There’s another piece to this story: the company also said it amended its at-the-market equity offering program with A.G.P./Alliance Global Partners. That lets Digi Power X sell subordinate voting shares for up to $75 million in aggregate.
In plain English: the company has more flexibility to raise money if it needs it. That can be useful for growth — but it can also mean dilution if management leans on the offering too hard. So yes, good news on the deal, but keep one eye on the share count.
Big picture
This looks like Digi Power X trying to prove it can be more than an AI-adjacent headline machine. If the company can keep landing real GPU customers, investors may start valuing it like a compute business, not just a small-cap story with big ambitions.