Ionic Digital (NASDAQ:IOND – Get Free Report) released its quarterly earnings results on Wednesday. The company reported ($0.94) earnings per share (EPS) for the quarter, Zacks reports.
Ionic Digital Price Performance
Shares of NASDAQ IOND traded up $1.90 during trading hours on Wednesday, hitting $67.40. 1,042,316 shares of the company’s stock were exchanged, compared to its average volume of 1,091,881. Ionic Digital has a 1-year low of $50.00 and a 1-year high of $71.90.
Ionic Digital Company Profile
Ionic Digital, Inc is a digital asset mining company focused primarily on the production of bitcoin. The company operates and develops specialized computing infrastructure, including application-specific integrated circuit (ASIC) mining equipment and related power, cooling, and data-center systems used to validate transactions on the Bitcoin network.
Ionic Digital was established using assets associated with Celsius Mining following the bankruptcy proceedings of Celsius Network. Its operations have been associated with mining facilities in the United States, including locations in Texas and New York.
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