SCHEDULE: Citadel Discloses 4.9% Stake in Digi Power X Inc.

Citadel entities and Kenneth Griffin have filed a Schedule 13G disclosing a combined beneficial ownership of 4.9% in Digi Power X Inc. subordinate voting shares.

Summary

• Citadel Advisors LLC, Citadel Securities LLC, and associated entities, along with Kenneth Griffin, reported a collective beneficial ownership of 3,550,691 subordinate voting shares of Digi Power X Inc.
• The reported holdings represent approximately 4.9% of the issuer's total outstanding shares, based on 72,826,680 shares outstanding as of April 27, 2026.
• The filing is a passive investment disclosure under Rule 13d-1(c), indicating the shares were not acquired for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral regulatory disclosure reflecting standard institutional investment activity without signaling specific bullish or bearish intent.

Positives

• Institutional interest from a major market participant like Citadel may signal confidence in the underlying asset's value or liquidity.

Negatives

• The stake remains just below the 5% threshold that typically triggers more stringent reporting requirements and public scrutiny regarding activist intentions.

Risks

• The investment is subject to market volatility and the general performance of Digi Power X Inc.
• As a passive investment, the reporting persons have no stated intent to influence corporate governance or strategic direction.

Future Outlook

The reporting persons state that the securities were not acquired for the purpose of changing or influencing the control of the issuer, suggesting a passive investment strategy.

Management Comments

• The reporting persons certify that the securities were not acquired for the purpose of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that institutional 13G filings are standard disclosures for large investment firms and market makers. This filing reflects typical portfolio management activity rather than a strategic shift in the industry.

Comparison to Industry Standards

• The filing adheres to standard SEC regulatory requirements for passive institutional investors.
• The 4.9% stake is a common position size for large multi-strategy funds, remaining just under the 5% reporting threshold for active disclosure.

Stakeholder Impact

• Shareholders may view the entry of a major institutional investor as a sign of market validation for the issuer.

Next Steps

• The reporting persons will be required to file amendments if there are material changes to their percentage of ownership.

Key Dates

Keywords

Citadel, Digi Power X, Schedule 13G, Institutional Ownership, Kenneth Griffin, Subordinate Voting Shares