World · Institutional · United States ·
Ionic Digital, born from Celsius Network's collapse, jumps 26% in its Nasdaq debut
Ionic Digital, a Bitcoin mining and AI infrastructure company that emerged from the bankruptcy of collapsed lender Celsius Network, closed its first trading day on the Nasdaq at $62.90 per share, giving it a market value of roughly $2.8 billion.
Why it matters for the crypto market
The successful public listing gives former Celsius creditors a liquid exit and signals continued investor appetite for Bitcoin mining and AI infrastructure companies on traditional stock exchanges.
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