Digi Power X Taps Cboe Canada to Fuel Sustainable AI Infrastructure

TORONTO, ON – February 27, 2026 – In a strategic move signaling its maturation from a venture-stage enterprise, technology and energy-infrastructure firm Digi Power X Inc. has graduated to Cboe Canada, a senior stock exchange. The company, which now trades under the symbol DGX, is positioning itself to capitalize on the explosive growth of artificial intelligence by providing the sustainable power and data center capacity the industry desperately needs.

This uplisting in Canada complements the company's existing presence on the Nasdaq in the United States, where it trades as DGXX. The dual-listing strategy underscores a clear ambition: to attract a broad base of international investors and secure the necessary capital to build the next generation of environmentally responsible AI infrastructure. Digi Power X's mission involves transforming traditional energy assets into low-cost, efficient power solutions for high-performance computing, placing it at the critical intersection of technology, energy, and environmental stewardship.

The Soaring Demand for Green AI Power

The timing of Digi Power X's move is no coincidence. The artificial intelligence revolution is running on a torrent of electricity. The global AI data center market, valued at over $230 billion in 2025, is projected by some analysts to surge past $900 billion by 2030, reflecting a compound annual growth rate exceeding 30%. This exponential growth comes with a colossal environmental price tag, as data centers are already significant consumers of global electricity and water resources.

This has created a pressing demand for sustainable solutions. The industry is rapidly shifting towards a new paradigm where computational power cannot be decoupled from environmental impact. Key technological trends are emerging to tackle this challenge. Advanced liquid cooling systems are replacing traditional air conditioning, as they can reduce a data center's power consumption by up to 40% while handling the intense heat generated by high-density AI processors. Concurrently, operators are aggressively pursuing renewable energy through large-scale Power Purchase Agreements (PPAs) with wind and solar farms, with some aiming for 24/7 carbon-free energy matching.

Furthermore, the concept of a circular economy is taking hold. Forward-thinking data center designs now incorporate methods to recapture and reuse waste heat for local community heating, and there is a growing emphasis on hardware recycling and designing facilities for disassembly. As regulations tighten and corporate ESG (Environmental, Social, and Governance) mandates become more stringent, companies that can provide verifiably sustainable, high-performance computing capacity are gaining a significant competitive advantage.

A Strategic Move to a Senior Exchange

For Digi Power X, graduating to Cboe Canada is a pivotal step in its corporate journey. Moving from a venture market to a senior exchange is a rite of passage that signals financial stability, stronger governance, and a readiness for greater scrutiny and opportunity. Cboe Canada, which consistently facilitates nearly 15% of all trading volume in Canadian listed securities, provides a robust platform for growth-oriented companies.

“Uplisting to Cboe Canada is a significant step forward for our company,” commented Michel Amar, CEO of Digi Power X, in a recent statement. “This move enhances our profile with institutional and retail investors alike and aligns with our strategy to operate on a senior exchange that supports liquidity and growth.”

The move is not just beneficial for the company, but also a testament to the health of Canada's capital markets. Welcoming innovative firms in high-growth sectors like AI infrastructure strengthens the exchange's portfolio and its appeal to a global investor base.

“We are proud to welcome Digi Power X to Cboe Canada,” added Joacim Wiklander, CEO of Cboe Canada. “Graduations like this reflect the strength of Canada’s public markets and underscore the role Cboe Canada plays in supporting innovative companies as they expand and evolve. We look forward to providing Digi Power X with a strong platform for liquidity, visibility, and long-term success.”

Listing on a senior exchange typically makes a company’s stock more attractive to institutional investors, such as pension funds and mutual funds, which are often restricted from investing in venture-listed securities. This can lead to increased trading liquidity, a more stable shareholder base, and potentially a higher valuation over time.

Navigating the Dual-Listing Landscape

By maintaining listings on both Cboe Canada and the U.S.-based Nasdaq, Digi Power X employs a sophisticated strategy designed to maximize its market access. This dual-listing approach allows the company to tap into two of the world's deepest capital pools, attracting a diverse range of investors from both sides of the border and internationally.

The primary advantage is an expanded investor base and enhanced liquidity. Canadian investors can trade DGX shares seamlessly through their local brokerages, while U.S. and international investors have easy access via the globally recognized Nasdaq platform. This broadens the company's visibility and provides greater flexibility for raising capital in either Canadian or U.S. dollars, depending on market conditions.

However, this strategy comes with complexities. The company must navigate the regulatory and reporting requirements of two different jurisdictions, including filings with both Canadian securities administrators via SEDAR and the U.S. Securities and Exchange Commission (SEC). This entails higher legal, accounting, and administrative costs. For eligible Canadian companies, the Multijurisdictional Disclosure System (MJDS) can streamline this process by allowing them to use their Canadian disclosure documents to satisfy many SEC reporting obligations. Despite the added burden, for companies with significant cross-border operations or ambitions, the strategic benefits of accessing a wider audience of investors often outweigh the costs.

Competing in a High-Stakes Field

Digi Power X enters a fiercely competitive arena. The AI infrastructure market is dominated by hyperscale cloud providers like Amazon Web Services, Microsoft Azure, and Google Cloud, which are all investing billions in their own sustainable data center initiatives. The field also includes established data center REITs like Equinix and Digital Realty, as well as a new wave of specialized, sustainability-focused players.

To carve out its niche, Digi Power X must leverage its unique value proposition. The company's stated focus on transforming traditional energy assets into efficient, low-cost power sources for its data centers could be a key differentiator. This strategy suggests a vertically integrated approach, potentially giving it greater control over energy costs and supply—a critical factor when powering energy-hungry AI workloads. By developing its own Tier III-certified modular AI data centers, the company can also ensure its facilities are optimized from the ground up for both high-performance computing and environmental efficiency.

As governments in both Canada and the U.S. increase scrutiny on the environmental impact of data centers—with new regulations emerging around energy use, water consumption, and zoning—a provably sustainable model is becoming less of a bonus and more of a license to operate. By embedding sustainability into its core infrastructure strategy, Digi Power X is not just appealing to ESG-conscious investors; it is building a more resilient business model prepared for the regulatory landscape of tomorrow. The capital raised through its new Cboe Canada listing will be crucial in executing this vision and scaling its operations to meet the insatiable demand of the AI era.