<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

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    <periodOfReport>2026-02-09</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001854368</issuerCik>
        <issuerName>Digi Power X Inc.</issuerName>
        <issuerTradingSymbol>DGXX</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002101320</rptOwnerCik>
            <rptOwnerName>Ciullo Paul Anthony</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>28 BERGEN PLACE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NISKAYUNA</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>12309</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Financial Officer</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

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        <nonDerivativeTransaction>
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                <value>Subordinate Voting Shares</value>
            </securityTitle>
            <transactionDate>
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            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
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                </transactionShares>
                <transactionPricePerShare>
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                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>101578</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
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            <exerciseDate>
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            <expirationDate>
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            </conversionOrExercisePrice>
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            <expirationDate>
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            <exerciseDate>
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            <expirationDate>
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        <derivativeTransaction>
            <securityTitle>
                <value>Restricted Stock Units</value>
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            <conversionOrExercisePrice>
                <value>0</value>
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            <transactionDate>
                <value>2026-02-09</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
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                <transactionFormType>4</transactionFormType>
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                <equitySwapInvolved>0</equitySwapInvolved>
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                    <value>8333</value>
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                <transactionPricePerShare>
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            <exerciseDate>
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            <expirationDate>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
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                </underlyingSecurityTitle>
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                </underlyingSecurityShares>
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                    <footnoteId id="F8"/>
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                </directOrIndirectOwnership>
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            <exerciseDate>
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            <expirationDate>
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                </underlyingSecurityTitle>
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    <footnotes>
        <footnote id="F1">Each restricted stock unit represents a contingent right to receive one subordinate voting share (&quot;SV Share&quot;) of the Company as of the vesting date. Accordingly, these restricted stock units were settled in SV Shares.</footnote>
        <footnote id="F2">Represents an exercise price of $7.47 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3544 reported by the Bank of Canada on February 10, 2026.</footnote>
        <footnote id="F3">No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.</footnote>
        <footnote id="F4">The options are fully vested.</footnote>
        <footnote id="F5">Represents an exercise price of $4.20 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3544 reported by the Bank of Canada on February 10, 2026.</footnote>
        <footnote id="F6">Represents an exercise price of $4.90 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3544 reported by the Bank of Canada on February 10, 2026.</footnote>
        <footnote id="F7">The remaining restricted stock units are scheduled to vest on February 9, 2027.</footnote>
        <footnote id="F8">Represents restricted share units issued pursuant to Digi Power X Inc.'s Restricted Share Unit Plan.</footnote>
        <footnote id="F9">The restricted stock units are scheduled to vest in two equal annual installments beginning on December 1, 2026.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Paul Ciullo</signatureName>
        <signatureDate>2026-02-11</signatureDate>
    </ownerSignature>
</ownershipDocument>
