Ionic Digital Set to Acquire Celsius' Mining Assets and Eye Public Market

Strategic Acquisition

Ionic Digital, an emerging bitcoin mining firm, announces the purchase of Celsius' mining operations, with the goal of establishing a strong position in the North American bitcoin mining landscape. As Celsius recovers from bankruptcy, Ionic seizes its approximately 87MW of mining power, among other assets.

Expansion and Public Listing

With an existing mining power of approximately 6 EH/s and plans to double that capacity this year, Ionic Digital is also on track to become a publicly-traded entity, having initiated the process with a Form-10 filing to the SEC.

Leadership and Partnerships

Engaging industry veterans and partnering with Hut 8, Ionic prepares to steer through the competitive and dynamically changing bitcoin mining sector, especially in light of the upcoming bitcoin halving event.