Ionic Digital appoints John Penver as CFO as mining company pushes for IPO

BlockBeats news, July 11, according to Coindesk, Ionic Digital, a Bitcoin mining company that acquired all mining assets of bankrupt lender Celsius, recently appointed John Penver as Chief Financial Officer to oversee its upcoming initial public offering (IPO). Penver served as CFO of data center service provider TSS and has more than 18 years of experience in data center technology and infrastructure.

Ionic Digital plans to achieve a computing power of 12.7 EH/s in the next 12 months, and expects its mining assets to include approximately 87 megawatts (MW) of self-operated mining capacity, 142MW of managed Bitcoin mining capacity, and a 240MW Cedarvale site under development.