Digi Power X CEO discusses pivot to AI data centers powered by Bitcoin mining growth
2Digi Power X Inc (NASDAQ:DGXX, TSX-V:DGX)CEO Michel Amar talked with Proactive's Stephen Gunnion about the company’s strategic pivot from Bitcoin mining to developing advanced AI data centers. Amar explained that Digi Power X currently operates four sites with about 100 megawatts dedicated to Bitcoin mining. The company has acquired a combined cycle gas power plant, transforming it into a power infrastructure business. “We are actually pivoting and leveraging our infrastructure to get a much higher multiple through the AI data centers,” Amar said.
Digi Power X plans to launch its first AI data center platform in Alabama by the end of 2025, featuring the B200 Nvidia chips and later the B300 series. Amar emphasized that owning their own power generation enables faster deployment, noting that most competitors require three to five years to build a Tier 3 data center, while Digi Power X can do so in six to nine months. The proprietary AI Ready Modular System (ARMS) is expected to accelerate scaling and create an additional revenue stream.
Despite this shift, Bitcoin mining remains central to the business model as a way to optimize infrastructure and secure low-cost energy contracts. Amar also discussed recent power sales to the New York grid during a heatwave, achieving significant margins. He highlighted that as older gas plants retire without replacement, demand for their power increases, supporting both energy sales and AI infrastructure growth.
For more interviews like this, visit Proactive’s YouTube channel. Don’t forget to give this video a like, subscribe to the channel, and enable notifications so you never miss an update.
#DigiPowerX #BitcoinMining #AIDatacenter #MichelAmar #NvidiaChips #EnergyInfrastructure #PowerGeneration #AIReadyModularSystem #CleanEnergy #DataCenterGrowth