Digi Power X Inc. is trading 8% up at $8.50 in pre-market trading after a significant AI-related announcement, despite broader crypto market weakness.
- The company announced a $35 million commitment to purchase NVIDIA's Vera Rubin platform systems for its NeoCloudz GPU-as-a-Service business.
- This move strengthens the company's pivot to AI infrastructure and its relationship with a key supplier in the AI space, signaling a clear strategic direction to investors.
- The stock's advance comes even as the broader cryptocurrency market is under pressure, with Bitcoin sliding 3-5% over the last 24 hours.