Digi Power X has $85M (U.S.) in liquidity at Oct. 31

Mr. Michel Amar reports DIGI POWER X STRENGTHENS BALANCE SHEET TO SUPPORT 2026 AI INFRASTRUCTURE DEVELOPMENT PLAN Digi Power X Inc. has significantly strengthened its balance sheet and liquidity position to support its 2026 AI infrastructure development and has provided unaudited comparative production results for the month ended Oct. 31, 2025, combined with an operations update. All monetary references are expressed in United States dollars unless otherwise indicated. Strong balance sheet with liquidity to fund growth The company held cash, bitcoin (BTC), ethereum (ETH) and cash deposits of approximately $85-million as of Oct. 31, 2025, as compared with $29-million on Sept. 30, 2025 (based on a BTC price of $109,600 as of Oct. 31, 2025, and $113,300 as of Sept. 30, 2025, per CoinMarketCap, and an ETH price of $3,800 as of Oct. 31, 2025, and $4,160 as of Sept. 30, 2025, per CoinMarketCap). This robust liquidity positions Digi Power X to accelerate the rollout of its 2026 AI infrastructure development plan, which includes the planned deployment of high-efficiency Tier III AI data centres and expansion of the company's critical power capacity across multiple United States sites. Digi Power X expanded its inventory of BTC from approximately 100 BTC as of Sept. 30, 2025, to 112 BTC as of Oct. 31, 2025, representing an increase of 12 per cent over the previous month, through its mining activities (as described in more detail below). Digi Power X held approximately 1,000 ETH as of Oct. 31, 2025, with a fair market value of approximately $3.8-million (based on an ETH price of $3,800 as of Oct. 31, 2025, per CoinMarketCap), as compared with a fair market value of approximately $4.2-million as of Sept. 30, 2025 (based on an ETH price of $4,160 as of Sept. 30, 2025, per CoinMarketCap). The company's ETH position is currently staked to generate an annualized return of roughly 3 per cent in rewards. This yield provides an additional recurring revenue stream while maintaining exposure to ETH's long-term appreciation potential. The value of BTC produced at the company's facilities between its self-mining and co-location agreements and energy sales was approximately $3.4-million on Oct. 31, 2025 (based on a BTC price of $109,600 as of Oct. 31, 2025, per CoinMarketCap). Miners running at the company's facilities produced approximately 25 BTC during the month between self-mining and co-location agreements, representing an approximate value of $2.7-million (based on a BTC price of $109,600 as of Oct. 31, 2025, per CoinMarketCap). The company invested approximately $8.6-million year to date in capital expenditures and data centre infrastructure support equipment, including approximately $2.8-million in October. Development of retail compute platform The company continues to develop its retail compute platform, NeoCloudz, expected to launch in January, 2026. Built on a Supermicro enterprise-grade backbone, NeoCloudz will be designed to provide developers, start-ups and enterprises with on-demand access to GPU (graphics processing unit) compute through a modern, consumer-grade interface. The platform will leverage Digi Power X's Tier III infrastructure, high-efficiency liquid cooling and low-latency networking architecture to deliver scalable, high performance AI and HPC capabilities to users worldwide. ARMS 200 platform The company also expects to begin implementing its ARMS 200 (AI-ready modular solution) platform in January, 2026, across its Tier III facilities. This deployment will be the next stage in Digi Power X's AI transformation strategy, enabling rapid, scalable AI compute infrastructure at each operational site. AI transition plan for existing power assets As part of its continuing transition from cryptocurrency mining to AI-driven infrastructure, Digi Power X has established a phased deployment plan across its existing power assets. This strategic roadmap reflects the company's disciplined approach to scaling Tier III AI data centre capacity while optimizing energy efficiency and returns. The following is an anticipated road map of the company's power asset allocation toward AI-driven projects: Q1 2026: five megawatts; Q2 2026: 15 MW; Q3 2026: 30 MW; Q4 2026: total of 55 MW, with 40 MW critical load capacity. The company currently has the following power available through its dedicated infrastructure: Alabama site: 55 MW; New York sites: 141.7 MW; Total available power today: 196.7 MW; North Carolina (anticipated availability by 2028): 200 MW. Looking ahead to 2027, the company is targeting a total operational capacity of 195 MW, including 140 MW of critical AI compute infrastructure. That planned expansion underscores Digi Power X's commitment to becoming a leading provider of high-density, AI-optimized Tier III data centre capacity in North America. About Digi Power X Inc. Digi Power X is an innovative energy infrastructure company that develops Tier III-certified modular AI data centres and drives the expansion of sustainable energy assets. We seek Safe Harbor.