Ionic Digital Q2 Earnings Call Highlights
Ionic Digital (IOND) expects 323 MW to be operational by late 2027, aiming for $251M annual revenue. Q2 GAAP revenue was $175M annualized. ERCOT review delays expansion. IOND reaffirmed 2026 guidance: $190M-$195M revenue, $137.5M-$142.5M adjusted EBITDA. Q2 net loss: $35.3M, including Bitcoin valuation impact. Company has $400M cash, 2,882 Bitcoin, and no debt.


