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Sachem Head Sees 140% Upside in Ionic
Activist hedge fund Sachem Head says Ionic Digital could rise nearly 140% to $151 as the former bitcoin miner pivots to leasing data-center infrastructure amid growing AI demand. Sachem Head, which owns about 9.9% of the company, points to its Texas expansion and a lease serving Microsoft, and may take a more active role in Ionic’s strategy.
Finance · 6 sources · Oct 21, 2026Read itThe journal
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About Scott Ferguson
Scott Ferguson is a Canadian Métis former professional ice hockey defenceman who played in the National Hockey League (NHL) with the Edmonton Oilers, Mighty Ducks of Anaheim and Minnesota Wild.
Everything about Scott Ferguson →- Occupation
- ice hockey player
- Citizenship
- Canada
- Born
- January 6, 1973