Digi Power X (DGX) Corporate presentation summary

Business overview and strategy

• Operates a robust energy infrastructure portfolio, including a wholly owned combined cycle power plant and multiple data center sites focused on Tier 1 and Tier 3 high-performance computing (HPC) data centers.

• Generates predictable revenue through utility power sales, colocation agreements with major U.S. mining companies, and self-mining operations.

• Actively expanding its hash rate and utility footprint to remain competitive and support future Tier 3 data center growth.

• Strategic pivot underway to convert existing assets for Tier 3 data center clients, leveraging existing substations and infrastructure.

• Formed a subsidiary, US Data Centers, to retrofit mining sites into state-of-the-art Tier 3 data centers, collaborating with Super Micro Computers for modular, scalable solutions.

Market opportunity and competitive positioning

• U.S. data center market projected to grow from $37.5B in 2024 to $95.2B by 2029, with a 20.49% CAGR and historically low vacancy rates.

• Significant valuation disconnect exists between digital mining and HPC assets, with HPC assets valued at up to $12.5M per MW versus $500K per MW for mining.

• Company claims to be undervalued by 6x compared to peers when measured by megawatts deployed.

• Long-term strategy aligns with market trends favoring colocation and high-density compute infrastructure.

Operational footprint and expansion

• Operates sites in Alabama (22MW, expandable to 55MW), North Tonawanda, NY (60MW, potential 120MW), Buffalo, NY (19MW), and a 200MW site in development in North Carolina.

• North Tonawanda plant is a FERC & PSC approved natural gas co-gen facility, generating $3-5M in annual capacity payments and offering grid redundancy.

• Strategic collaboration with Nano Nuclear Energy to assess deployment of small modular reactor technology for clean, long-term energy at North Tonawanda.

• Tier 3 data center buildout underway in Alabama, with first phase (5MW) targeted for activation by 2Q26.