Digi Power X is trading at $3.52 (-5.38%) in pre-market following a sharp two-day slide and persistent dilution pressure.
- Traders are reacting to the company’s expanded at-the-market equity program, which has fueled concerns regarding potential share issuance.
- The downward move coincides with broad weakness in semiconductor stocks and a decline in crypto prices, with Bitcoin off 1.99% and Ethereum down 2.29% since the prior close.