PANews, August 24: According to Crypto Briefing, Ionic Digital increased its self-held Bitcoin holdings by 21 coins to 2,882 BTC, representing a market value of approximately $168.7 million as of June 30. The company reported total revenue of $48.6 million for Q2, with approximately 90% derived from AI and high-performance computing leasing. AI cloud provider Nscale has signed a 10-year lease agreement for Ionic Digital’s Texas facility, potentially generating up to $2 billion in revenue over the contract period. Ionic Digital’s full-year 2026 revenue guidance is $190 million to $195 million. The company currently has no debt and holds $415.7 million in cash. It is publicly listed on Nasdaq under the ticker symbol IOND.
Ionic Digital Increases Bitcoin Holdings to 2,882 BTC, AI Business Drives 90% of Revenue
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Summary
Ionic Digital reports a BTC update, increasing its holdings to 2,882 BTC, valued at $168.7 million as of June 30. Q2 revenue reached $48.6 million, with AI and crypto-related news driving 90% of earnings. Nscale, its AI cloud division, signed a 10-year lease for a Texas data center, projected to generate $2 billion. The company forecasts 2026 revenue of $190–$195 million, holds $415.7 million in cash, and trades on NASDAQ under the ticker IOND.
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