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0 -0.039426523297491 -0.039426523297491 -0.017921146953405 -0.021505376344086 -0.00716845878136201 0.0161290322580647 -0.0143369175627239
Stock impact report

Digi Power X enters non-binding LOI with Omnis Pleasants [Yahoo! Finance]

Digi Power X Inc. - Common Subordinate Voting Shares (DGXX) 
Company Research Source: Yahoo! Finance
generation facility located in West Virginia, to pursue a strategic partnership supporting large-scale artificial intelligence and high-performance computing infrastructure. Pursuant to the terms of the LOI, the parties intend to conduct a comprehensive load and interconnection study of up to 1.3 GW, evaluating long-term power availability and grid connectivity for energy-intensive computing applications. The proposed strategic partnership also contemplates a long-term lease of up to 200 acres of land, that would enable Digi Power X to deploy AI and advanced computing infrastructure utilizing its proprietary ARMS modular Tier III data center platform. In addition, the LOI establishes a framework for potential equity alignment, including a mutual equity exchange between Digi Power X and Pleasants based on fair market valuation, as well as a defined pathway for Digi Power X to acquire an equity ownership stake in excess of 10% in the power plant entity, subject to definitive documentati Show less Read more
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