Ionic Digital Inc. (IOND)
NASDAQ: IOND · Real-Time Price · USD
65.83
+0.21 (0.32%)
Oct 21, 2026, 2:17 PM EDT - Market open
Ionic Digital Earnings Call Transcripts
Fiscal Year 2026
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Transitioned from Bitcoin mining to a data center-first model, securing a $2.6B lease with Nscale and positioning for AI-driven growth. Operates debt-free with $630M liquidity, expanding to 700 MW at Ward County and converting Midland for AI use. Direct listing on Nasdaq provides liquidity without dilution.
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Revenue grew to $48.6M in Q2 2026, driven by digital infrastructure leasing with 93% adjusted gross margin. The company remains debt-free, reaffirmed its 2026 outlook, and is well-positioned for expansion amid regulatory reviews and strong demand from hyperscalers and AI workloads.