Digi Power X is trading at $3.89 (down 5.4%) as traders reassess dilution risk following the company's recently expanded at-the-market (ATM) equity program.
- The expanded ATM program has sparked concerns over potential share dilution, weighing heavily on investor sentiment.
- The stock is also facing headwinds from broader weakness in the cryptocurrency market, with Bitcoin and Ethereum both trading down approximately 1–2%.