secwatch.observer — SEC 8-K summary
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Issuer:     Digi Power X Inc. (DGXX)
CIK:        0001854368
Form:       8-K
Filed at:   2026-03-13T23:59:59+00:00
Accession:  0001213900-26-027265
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Digi Power X's USDC raises $800K; ex-Verizon CEO Hans Vestberg joins as co-founder
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854368/000121390026027265/0001213900-26-027265-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854368/000121390026027265/ea0281551-8k_digi.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-027265

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer