IONIC DIGITAL INC CL.A

Ionic Digital reported Q2 2026 revenue up 30.6% to 48.6 million USD and adjusted EBITDA of 37.6 million USD, driven by a realignment toward leasing digital infrastructure (90% of revenue). Adjusted gross margin rose to 93%; however, GAAP results showed a net loss of 35.3 million USD due to non-cash Bitcoin valuation adjustments and tax provisions. The company is debt-free, holds over 400 million USD in cash and 2,882 Bitcoin, and confirmed its 2026 outlook; the stock rose intraday but fell in after-hours trading. » More on de.investing.com

Ionic Digital supports Governor Greg Abbotts’ initiative to review grid security and announces cooperation with the Public Utility Commission of Texas and the Electric Reliability Council of Texas. The company operates a data center campus in Ward County and emphasizes ongoing investment intentions in Texas. Ionic Digital views the review as an opportunity to create a framework for sustainable data center growth and to secure the reliability of the power system for ratepayers. » More on de.investing.com