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Erik Ellingson

Fortitude Mining

Biography

Erik Ellingson is the Chief Financial Officer of Fortitude Mining, with over a decade of experience spanning finance, M&A, and digital infrastructure. He brings deep domain expertise in bitcoin mining and digital asset investing, with a background that bridges both traditional finance and the crypto ecosystem.

Before joining Fortitude, Erik served as CFO and Board Member of Block Mining, where he led the company through a successful sale to Riot Platforms in 2024. Previously, he was a partner and fund leader at a Chicago-based digital asset investment firm, focused on infrastructure and growth-stage investments across the crypto sector. Earlier in his career, Erik held roles in traditional finance at Wells Fargo, where he led strategic portfolio acquisitions within the asset-backed finance group, with a focus on industrial and energy markets. He then joined Lincoln International as an investment banker, advising on and executing M&A, Special Situations and Debt Capital Markets transactions.

Erik holds an MBA from Northwestern University’s Kellogg School of Management and a BS from Elmhurst University.