Browsing: Ionic

Ionic Digital, the digital infrastructure company formed from the ashes of Celsius Mining, has acquired an additional 21 Bitcoin, bringing its total holdings to 2,882 $BTC. According to a report from Crypto Briefing, the company has not sold any of the Bitcoin it has mined, signaling a long-term holding strategy.

Ionic Digital, a Bitcoin miner repositioning its power sites for AI infrastructure, generated 90% of its second-quarter revenue from leasing. Its Q2 accounts show an uneven transition: operating revenue has shifted away from mining faster than reported earnings have shifted away from Bitcoin.