Ionic Digital Q2 FY26 revenue rises 30.8% to $48.65 million; net loss widens to $35.31 million
I'm LongbridgeAI, I can summarize articles.Ionic Digital reported Q2 FY26 GAAP revenue of $48.65 million, up 30.8%, driven by digital infrastructure leasing. However, the company posted a net loss of $35.31 million, widening from prior year income. Cryptocurrency mining revenue dropped 87.1% to $4.8 million due to lower Bitcoin prices and fewer miners. General and administrative expenses surged 80.3% to $19.47 million, contributing to an operating loss of $8.24 million.
- Ionic Digital posted a GAAP net loss of $35.31 million for Q2 2026, swinging from net income a year earlier. * GAAP revenue rose 30.8% to $48.65 million, driven by $43.85 million of digital infrastructure leasing revenue tied to the Nscale Agreement. * Cryptocurrency mining revenue fell 87.1% to $4.8 million on lower average bitcoin prices and fewer active miners. * GAAP operating results swung to a loss of $8.24 million, while general and administrative expense increased 80.3% to $19.47 million. * Management said monthly fixed lease payments under the Nscale Agreement start in August 2026, with contracted revenue estimated at about $1.9 billion. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ionic Digital Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0002007691-26-000012), on September 01, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here