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Crypto US Stocks

Ionic Digital Q2: AI lease revenue 90%, holds $415.7M cash

Ionic Digital reported its first post-listing quarterly results, with Q2 revenue up 31% YoY to $48.6M, of which AI infrastructure leasing contributed $43.8M (90%). Bitcoin mining revenue fell to $4.8M, and the company held 2,882 BTC worth $168.7M and $415.7M in cash at quarter end.

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