According to PANews, Bitcoin mining company Ionic Digital has restarted its initial public offering (IPO) plan after appointing BDO USA as its new auditor. As of September 30, 2024, the company holds 2,102.29 BTC with a market value of approximately US$135.3 million.

Ionic Digital plans to liquidate part of its Bitcoin reserves in the fourth quarter to fund future infrastructure projects. In addition, Ionic Digital opened a second building at its mine in Ward County, Texas, increasing its total load capacity to 140 megawatts, with plans to expand to 215 megawatts.