Ionic Digital acquires bankrupt Celsius' mining assets to become a top bitcoin miner in North America
Ionic Digital, a new bitcoin mining company, is set to acquire all of bankrupt lender Celsius' mining assets, including self-mining capacity and hosted bitcoin mining at third-party sites. The company aims to become one of the top miners in North America and expects to achieve 12.7 exahash per second of mining power once its fleets are fully operational within this year. Ionic has filed Form-10 with the U.S. Securities and Exchange Commission and expects to go public in the coming months. Hut 8 will provide mining management services for the new company in exchange for a fee of more than $20 million per year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
[Initial Listing] Bitget Will List Datagram (DGRAM) in the Innovation and DePIN Zone
Bitget Spot Margin Announcement on Suspension of L3/USDT, ULTI/USDT Margin Trading Services
Bitget PoolX is listing Planck (PLANCK): Lock BTC to get PLANCK airdrop
Bitget x PLANCK Carnival: Grab a share of 1,880,000 PLANCK!
