Ionic Digital, a Bitcoin miner and AI infrastructure company with links to the Celsius network, makes its Nasdaq debut through a direct listing. According to Cointelegraph, the company closes its first day at $62.90 per share, implying a market capitalization of about $2.8 billion. Channel NewsAsia reports a valuation of $2.25 billion in the Nasdaq debut, with its shares initially falling after the opening. While the outlets differ on the precise valuation figures and the day’s share-price performance, both accounts describe the same first-trading-day event: Ionic Digital begins trading on the Nasdaq and is assigned a valuation in the range of roughly $2.25 billion to about $2.8 billion based on its debut share price. The company’s financial details beyond the debut valuation are not specified in the provided summaries. Overall, the coverage centers on the company’s listing, its first trading-day pricing, and the resulting implied market values.
Ionic Digital debuts on Nasdaq after direct listing tied to Celsius-linked history
Ionic Digital, a Bitcoin miner and AI infrastructure company with links to the Celsius network, makes its Nasdaq debut through a direct listing. According to Cointelegraph, the company closes its firs...
- Ionic Digital is a Bitcoin miner and AI infrastructure company.
- The company debuts on Nasdaq via a direct listing.
- Cointelegraph reports a close price of $62.90 and an implied market cap of about $2.8 billion.
- Channel NewsAsia reports an implied valuation of $2.25 billion and says shares fall in the debut.
- All sources describe the same Nasdaq debut event for Ionic Digital.
The Bitcoin miner and AI infrastructure company closed at $62.90, giving it a market capitalization of about $2.8 billion after its direct listing.
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