Michel Amar, Chief Executive Officer, 10% Owner at Digi Power X Inc. (DGXX), bought 20,000 shares at $3.60 ($72K) on 2026-08-19, disclosed to the SEC on 2026-08-20.
CEO Michel Amar purchased $72,000 of DGXX on August 19, 2026, marking the largest insider purchase in the company's history as the stock faces a steep decline. This move signals confidence in the company's AI infrastructure transition and the execution of its Alabama data center project.
The stock is down 13.56% over the last 5 days and 55.01% over the last 90 days, trading at $3.57, which is 61.15% below its 52-week high of $9.19.
1) Q2 2026 Earnings Call Transcript on August 15, 2026, discussing AI infrastructure transition and a $1.1B contracted revenue pipeline; 2) Q2 2026 Earnings Call Summary on August 14, 2026, highlighting first AI compute revenue and GPU rental operations; 3) The company's Alabama AI data center campus is on track for launch, with long-lead equipment secured since May 15, 2026.
The stock has underperformed significantly, dropping 55.01% over the last 90 days, and carries a high beta of 6.189, indicating extreme volatility.
Clearly above the average filing.