Ionic Digital, a company formed from Celsius Network’s mining-related assets, lists on the Nasdaq and rises sharply in its first trading session. According to CoinDesk, the stock gains about 26% on debut, putting the company’s market valuation at roughly $2.8 billion based on 44.9 million shares outstanding. The Block reports a similar initial jump of about 25% and links the company’s expansion plan to a shift beyond bitcoin mining into AI infrastructure. Both outlets describe Ionic Digital as emerging from the Celsius mining ecosystem. The Block adds that Ionic Digital was created from Celsius Mining’s assets and later assumes direct control of its mining sites from Hut 8. Together, the reports indicate that Ionic Digital’s listing follows a restructuring that consolidates Celsius-related mining operations, positioning the company with an asset base and a strategy that includes new infrastructure development. The coverage focuses on the debut stock move and the corporate relationship to Celsius mining assets rather than on broader market commentary.