Ionic Digital Releases Letter to Shareholders

Ionic Digital Releases Letter to Shareholders
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AUSTIN, Texas–(BUSINESS WIRE)–Ionic Digital, Inc. (“Ionic” or the “Company”), a digital infrastructure and cryptocurrency mining company, today announced that its Interim Chief Executive Officer, Anthony McKiernan issued the following letter to Ionic shareholders:

Ionic Digital Shareholders,

It’s been one month since I started as Chief Executive Officer of Ionic Digital Inc. (the “Company”) and I wanted to reach out to our shareholders for the first of what will be periodic communications from me updating you on important matters.

Since the start of my tenure with the Company, I have had an opportunity to strategize with the management team and Board members, as well as to review where the Company sits today, as part of a process to formulate a “day one” plan for progress on several fronts. Starting in December, the Company, with input from its advisors, has undertaken significant changes to certain prior practices and to overhaul its operations to

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