The Block (@TheBlockCo): THE BLOCK: Ionic Digital reported 31% YoY revenue growth in Q2, driven by its pivot from bitcoin mining to AI infrastructure leasing.
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THE BLOCK: Ionic Digital reported 31% YoY revenue growth in Q2, driven by its pivot from bitcoin mining to AI infrastructure leasing. Revenue: $48.6M / Gross profit: $40.5M / Net loss: $35.3M, including a $28.2M crypto fair-value loss. $IOND