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Ionic Digital Announces March 2026 Mining and Operations Update

prnewswire.com
IONR The article reports a decrease in Bitcoin mined in March compared to the previous month, driven by a lower hashrate. However, the company maintains a zero-debt position and increased its BTC holdings.

Ionic Digital Announces March 2026 Mining and Operations Update AUSTIN, Texas, April 20, 2026 /PRNewswire/ -- Ionic Digital Inc. ("Ionic Digital" or the "Company"), a digital infrastructure company supporting the expanding needs of AI and high-performance computing, today issued its unaudited Mining and Operations Update for March 2026.

In March, Ionic Digital mined 28.05 Bitcoin ("BTC"), a decrease of 14.9% compared to the prior month. The Company's site production varied in line with strategic adjustments, following fleet consolidation.

The decline in production was driven by a 19.4% decrease in average hashrate and a 6.8% reduction in network block production, partially offset by a 3.3% decline in the global hashrate. Ionic's share of the global hashrate declined 16.6% month-over-month to 0.21%, reflecting a sharper reduction in company output relative to the total network.

At our four Midland sites, production was 24.26 BTC, a 4.7% month-over-month increase, as the most efficient miners from the Oklahoma GXD facility came online at Midland. At GXD, production was 3.79 BTC, a planned decrease of 61.2% month-over-month due to continued de-racking and reduced operational contribution.

The daily average hashrate was 2.04 EH/s, down 19.4% compared to the prior month, due to the discontinuation of the GXD hosting contract and removal of miners (-62.5%), while Midland remained relatively stable (-1.2%).

Ionic Digital continues to maintain its zero-debt position and liquidated no BTC in March. As of March 31, 2026, the Company held 2,815.6 BTC, an increase of approximately 28.2 BTC over the prior month.

Key Mining and Operating Metrics Summary

Metric

March 2026

Capacity (MW) 1

112.0

Efficiency (J/THs) 2

29.1

Daily Average Hashrate (EH/s) 3

2.04

BTC Mined 4

28.05

Average BTC Mined/Day 5

0.90

BTC Sold

0.0

BTC Holdings 6

2,815.6

About Ionic Digital

Ionic Digital Inc. is a digital infrastructure company that develops strategic powered land assets for data centers, high-performance computing (HPC) and cryptocurrency mining. Learn more at www.ionicdigital.com or follow us on X and LinkedIn.

SOURCE Ionic Digital Inc.