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DigiPower X launches stock offering plan to raise US$100 million to expand Bitcoin mining capabilities "

According to online reports, Nasdaq-listed DigiPower X announced the launch of a stock offering plan to raise US$100 million by selling shares with voting rights in order to support its strategic roadmap. The new funds are intended to be used for general corporate purposes, including providing funds for continued operations and/or working capital needs, and completing the construction of the company's data center to expand Bitcoin mining capabilities. In addition, DigiPower X also released unaudited Bitcoin mining data as of May 31, 2025, which disclosed that mining produced approximately 35 BTC items last month, valued at approximately US$3.7 million, and the total amount of cash it holds, Bitcoin and cash deposits is approximately US$9.3 million.

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