Ionic Digital, a digital infrastructure company for AI and high-performance computing, raised $400 million at a $2.0 bil

Ionic Digital Inc., a digital infrastructure company supporting the expanding needs of AI and high-performance computing, announced on June 26, 2026 that it has raised a $400 million investment round led by new investors Attestor, Oaktree Capital Management, and Sachem Head Capital Management, with participation from Citadel and Weiss Asset Management. The transaction implies a pre-money equity valuation of $2.0 billion. The transaction proceeds will be used for general corporate purposes, including the continued development of the Company's digital infrastructure assets.

Andy Stewart, Chief Executive Officer of Ionic Digital, said: "This financing strengthens Ionic Digital's capital base and supports the continued development of our digital infrastructure platform. We appreciate the participation and support of Attestor, Oaktree, Sachem Head, Citadel, and Weiss in this transaction."

A representative of the new investor group stated: "We believe the continued growth in demand for digital infrastructure is creating attractive long-term investment opportunities. Ionic Digital has assembled a compelling portfolio of assets, a differentiated development platform and an experienced management team with a demonstrated ability to execute. We are pleased to support the Company as it advances its strategy and pursues opportunities to create long-term shareholder value."

J.P. Morgan and BTIG, LLC acted as co-placement agents for the transaction, and White & Case LLP served as legal counsel to the Company. Ionic Digital is positioned as a fast-track provider of high-performance computing and data center infrastructure designed to drive stability in the rapidly evolving AI landscape, delivering certainty in performance, scalability and speed to market through fully ready assets and rigorous due diligence for intensive AI workloads. The company is led by a seasoned team with deep experience developing hundreds of megawatts and raising billions in capital.