# EDGAR Filing Document

**Accession Number:** 0001912453
**File Stem:** 0001213900-26-016392
**Filing Date:** 2026-2
**Character Count:** 14290
**Document Hash:** 5185490a06343dbf18ed92522c5c8469
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-26-016392.hdr.sgml**: 20260213

**ACCESSION NUMBER**: 0001213900-26-016392

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260213

**DATE AS OF CHANGE**: 20260213

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Digi Power X Inc.
- **CENTRAL INDEX KEY:** 0001854368
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A1
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-93197
- **FILM NUMBER:** 26632359

**BUSINESS ADDRESS:**
- **STREET 1:** 110 YONGE STREET, SUITE 1601
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5C 1T4
- **BUSINESS PHONE:** 647-259-1790

**MAIL ADDRESS:**
- **STREET 1:** 110 YONGE STREET, SUITE 1601
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5C 1T4

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Digihost Technology Inc.
- **DATE OF NAME CHANGE:** 20210331
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Amar Michel
- **CENTRAL INDEX KEY:** 0001912453

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 18 KING ST E, SUITE 902
- **CITY:** TORONTO
- **PROVINCE COUNTRY:** A6

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13G

### Under the Securities Exchange Act of 1934

**(Amendment No. 4)**

**Issuer:** Digi Power X Inc.

**Title of Class of Securities:** Subordinate Voting Shares

**CUSIP Number:** 25380B102

**Date of Event Which Requires Filing of this Statement:** 12/31/2025

**Check the appropriate box to designate the rule pursuant to which this Schedule is filed:**

- [ ] Rule 13d-1(b)

- [ ] Rule 13d-1(c)

- [x] Rule 13d-1(d)

---

| 1. | Names of Reporting Persons<br>Michel Amar | Names of Reporting Persons<br>Michel Amar |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>X1 | Citizenship or Place of Organization<br>X1 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>7420537.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>626544.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>7420537.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>626544.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>8047081.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>8047081.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>11.5% | Percent of Class Represented by Amount in Row (9)<br>11.5% |
| 12. | Type of Reporting Person (See Instructions)<br>IN | Type of Reporting Person (See Instructions)<br>IN |

**Comment for Type of Reporting Person:** Relating to items 5 through 8 of this page: The number of Subordinate Voting Shares reported as beneficially owned is as of December 31, 2025.

Relating to items 5 and 7 of this page: Consists of (i) 1,679,886 Subordinate Voting Shares held by Michel Amar, (ii) 2,165,889 Subordinate Voting Shares held by Bit.Management, LLC, (iii) 1,493,162 Subordinate Voting Shares held by NYAM, LLC, (iv) 666,600 Subordinate Voting Shares issuable upon conversion of 3,333 Proportionate Voting Shares held by NYAM, LLC, and (v) 1,415,000 Subordinate Voting Shares issuable upon exercise of 1,415,000 fully vested options held by Michel Amar. Michel Amar holds an additional 783,333 restricted stock units, 100,000 of which are scheduled to vest on November 19, 2026, 158,333 of which are scheduled to vest on December 1, 2026, 166,666 of which are scheduled to vest on February 9, 2027, 100,000 of which are scheduled to vest on November 19, 2027, 158,334 of which are scheduled to vest on December 1, 2027, and 100,000 of which are scheduled to vest on November 19, 2028. Bit.Management, LLC and NYAM, LLC are each controlled by Mr. Amar, who is a majority equityholder of each entity. Mr. Amar, by virtue of his control over Bit.Management, LLC and NYAM, LLC, may be deemed to have or share beneficial ownership of the Subordinate Voting Shares (including the Subordinate Voting Shares issuable upon conversion of the Proportionate Voting Shares) held directly by those entities.

Relating to items 6 and 8 of this page: The disclosed 626,544 Subordinate Voting Shares are held by Bit Mining International LLC, which is controlled by Mr. Amar, a minority equityholder of the entity. By virtue of his control over Bit Mining International LLC, Mr. Amar may be deemed to have or share beneficial ownership of the Subordinate Voting Shares held directly by the entity.

Relating to item 11 of this page: This calculation assumes that there are 70,094,385 Subordinate Voting Shares outstanding, which is the sum of (i) 69,427,785 Subordinate Voting Shares of the Issuer that were outstanding as of December 31, 2025 and (ii) 666,600 Subordinate Voting Shares issuable upon conversion of 3,333 Proportionate Voting Shares held by NYAM, LLC, as reported herein.

---

| 1. | Names of Reporting Persons<br>Bit.Management, LLC | Names of Reporting Persons<br>Bit.Management, LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>CA | Citizenship or Place of Organization<br>CA |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>2165889.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>2165889.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>2165889.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>2165889.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>3.1% | Percent of Class Represented by Amount in Row (9)<br>3.1% |
| 12. | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO |

**Comment for Type of Reporting Person:** Relating to items 5, 7, and 9 of this page: The number of Subordinate Voting Shares reported as beneficially owned is as of December 31, 2025.

Relating to item 11 of this page: Based on 69,427,785 Subordinate Voting Shares of the Issuer that were outstanding as of December 31, 2025.

---

| 1. | Names of Reporting Persons<br>NYAM, LLC | Names of Reporting Persons<br>NYAM, LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>CA | Citizenship or Place of Organization<br>CA |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>2159762.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>2159762.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>2159762.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>2159762.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>3.1% | Percent of Class Represented by Amount in Row (9)<br>3.1% |
| 12. | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO |

**Comment for Type of Reporting Person:** Relating to items 5, 7, and 9 of this page: The number of Subordinate Voting Shares reported as beneficially owned is as of December 31, 2025. Consists of (i) 1,493,162 Subordinate Voting Shares and (ii) 666,600 Subordinate Voting Shares issuable upon conversion of 3,333 Proportionate Voting Shares.

Relating to item 11 of this page: This calculation assumes that there are 70,094,385 Subordinate Voting Shares outstanding, which is the sum of (i) 69,427,785 Subordinate Voting Shares of the Issuer that were outstanding as of December 31, 2025, and (ii) 666,600 Subordinate Voting Shares issuable upon conversion of 3,333 Proportionate Voting Shares held by NYAM, LLC, as reported herein.

---

**Item 1(a). Name of Issuer:**
Digi Power X Inc.

**Item 1(b). Address of Issuer's Principal Executive Offices:**
110 Yonge Street, Suite 1601, Toronto, Ontario, M5C 1T4

**Item 2(a). Name of Person Filing:**
Michel Amar, Bit.Management, LLC and NYAM, LLC

**Item 2(b). Address of Principal Business Office:**
110 Yonge Street, Suite 1601, Toronto, Ontario, M5C 1T4

**Item 2(c). Citizenship:**
Michel Amar - United States citizen

Bit.Management, LLC; NYAM, LLC - California limited liability companies

**Item 2(d). Title of Class of Securities:**
Subordinate Voting Shares

**Item 2(e). CUSIP Number:**
25380B102

**Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:**

(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e) [ ] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f) [ ] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g) [ ] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j) [ ] A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), if filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

(k) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

**Item 4. Ownership:**

**(a) Amount beneficially owned:**

Michel Amar - 8,047,081 Subordinate Voting Shares
Bit.Management, LLC - 2,165,889 Subordinate Voting Shares
NYAM, LLC - 2,159,762 Subordinate Voting Shares

**(b) Percent of class:**

Michel Amar - 11.5%
Bit.Management, LLC - 3.1%
NYAM, LLC - 3.1%

**(c) Number of shares as to which the person has:**

**(i) Sole power to vote or to direct the vote:**

Michel Amar - 7,420,537 Subordinate Voting Shares
Bit.Management, LLC - 2,165,889 Subordinate Voting Shares
NYAM, LLC - 2,159,762 Subordinate Voting Shares**

**(ii) Shared power to vote or to direct the vote:**

Michel Amar - 626,544 Subordinate Voting Shares
Bit.Management, LLC - None
NYAM, LLC - None**

**(iii) Sole power to dispose or to direct the disposition of:**

Michel Amar - 7,420,537 Subordinate Voting Shares
Bit.Management, LLC - 2,165,889 Subordinate Voting Shares
NYAM, LLC - 2,159,762 Subordinate Voting Shares**

**(iv) Shared power to dispose or to direct the disposition of:**

Michel Amar - 626,544 Subordinate Voting Shares
Bit.Management, LLC - None
NYAM, LLC - None**
** See footnotes on cover pages which are incorporated by reference herein.

**Item 5. Ownership of Five Percent or Less of a Class.**

[x] If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.

**Item 6. Ownership of More than 5 Percent on Behalf of Another Person.**

Not Applicable

**Item 7. Identification and Classification of the Subsidiary**

Not Applicable

**Item 8. Identification and Classification of Members of the Group**

See Exhibit B.

**Item 9. Notice of Dissolution of Group**

Not Applicable

**Item 10. Certification:**

—

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Michel Amar**

**Date:** 02/13/2026

**By:** /s/ Michel Amar

**Name & Title:** Michel Amar/Individual

**Bit.Management, LLC**

**Date:** 02/13/2026

**By:** /s/ Michel Amar

**Name & Title:** Michel Amar/Chief Executive Officer

**NYAM, LLC**

**Date:** 02/13/2026

**By:** /s/ Michel Amar

**Name & Title:** Michel Amar/Chief Executive Officer