Bitcoin miner Ionic Digital postpones IPO plans

ChainCatcher news, according to CoinDesk, Bitcoin miner Ionic Digital, which purchased all mining assets of the bankrupt lending institution Celsius, has postponed its listing plans.

The company stated in a statement on Thursday that former CEO Matt Prusak announced in July that he would step down after his term ends on August 14. Ionic has begun searching for a new CEO and has appointed recently hired Chief Financial Officer John Penver as interim CEO.

In July, Ionic hired Penver to oversee the company's listing plans. Ionic stated that despite the leadership changes, the company still intends to proceed with the IPO and is confident in achieving this goal. Ionic also mentioned that its collaboration with auditing firm RSM US has ended, citing a strategic decision by the firm to cease providing services to crypto companies. Ionic added that it has made good progress in finding an alternative auditing firm.

According to previous reports, earlier this year, Ionic Digital acquired all mining assets of Celsius as part of Celsius's exit from Chapter 11 bankruptcy proceedings.