other material
confidence high
sentiment positive
materiality 0.60
Digi Power X's USDC raises $800K; ex-Verizon CEO Hans Vestberg joins as co-founder
Digi Power X Inc.
- USDC raised $800,000 via 3.2M preferred shares at a $10M valuation; Digi Power X retains >50% equity.
- Hans Vestberg (ex-Verizon CEO, BlackRock board) joins USDC as Co-Founder and Senior Advisor.
- Insiders received 10.2M USDC common shares for services; transaction exempt from minority approval.
- USDC will focus on modular Tier III AI data centers using ARMS platform for rapid deployment.