Digihost

Digihost is a technology company focused on the blockchain industry, with operations centered on cryptocurrency mining and the development of data center infrastructure. Founded in 2017, the company, formerly known as Digihost Technology Inc. and HashChain Technology Inc., recently changed its name to Digi Power X Inc. in March 2025. The company is led by CEO and Chairman Michel Amar.

The company's primary business involves mining Bitcoin using high-performance ASIC miners located at its three U.S. facilities. A significant aspect of Digihost's strategy is its commitment to sustainability, with a stated goal of utilizing renewable and zero-carbon emission energy sources for its operations. Over 90% of the energy consumed is reported to come from zero-carbon emission sources, and more than 50% from renewables. The business model generates revenue through the mining of Bitcoin, which is then either held or sold, and by offering colocation and hosting services to third-party clients. Additionally, the company participates in energy sales to industrial clients and energy markets.

Digihost has been actively expanding its operational capacity and infrastructure. The company operates facilities in New York and is developing a Tier 3 data center designed for high-performance computing (HPC) and artificial intelligence (AI) workloads. This strategic pivot includes a collaboration with NANO Nuclear Energy to potentially deploy microreactors to power its data centers, aiming for carbon neutrality. Financially, the company is publicly traded on the Nasdaq and TSX Venture Exchange. It has focused on self-funding capital expenditures to limit equity dilution and maintains a balance sheet with no long-term debt.

Keywords: Bitcoin mining, data center infrastructure, blockchain technology, cryptocurrency, sustainable energy, colocation services, energy sales, high-performance computing, AI data centers, renewable energy, ASIC miners, digital assets, carbon neutral, power generation, public company