According to CoinMeta, Bitcoin mining company Ionic Digital ( NASDAQ : IOND ) released its financial report for the third quarter of 2026. Total revenue increased by 32% year-on-year to $48.9 million, with a net profit of $17.4 million, and adjusted EBITDA of approximately $35 million. Among this, the revenue from data center infrastructure leasing reached $43.9 million, accounting for nearly 90% of total revenue, but the actual cash rent received during that quarter was only about $7 million. Cryptocurrency mining revenue, on the other hand, decreased by 86% year-on-year to $5.1 million. The company currently holds approximately $628 million in cash and Bitcoin, has no outstanding loans, and plans to offer additional power capacity of about 499 MW to potential customers, with some of the expansion projects still awaiting regulatory approval.