27 June, 2025, 02:30 PM
Ionic Digital, a prominent Bitcoin mining company, has announced impressive Bitcoin holdings in its fiscal year 2024 report. As of May 31st, 2024, the company holds a substantial 2520.2 BTC. # Increased Bitcoin Mining Capacity This significant stockpile is a result of a year of robust mining activity. Ionic Digital mined a total of 2,075.5 BTC over the past year. The company has also invested heavily in expanding its mining infrastructure, increasing its equipment from 27,581 units to a noteworthy 88,986 units. This expansion positions Ionic Digital for continued growth in the competitive Bitcoin mining landscape. The increased hash rate resulting from this expansion will likely lead to even greater Bitcoin accumulation in the future. ```