Ionic Digital surged 26% on its Nasdaq debut, providing an exit route for Celsius Network claimholders:
The bitcoin miner reached a market valuation of roughly $2.8 billion
On July 29, 2026, Ionic Digital, formed out of Celsius Network’s bankruptcy, rose 26% on its Nasdaq debut, valuing the company at approximately $2.8 billion:
- Ionic Digital completed a direct listing, meaning the company sold no new shares:
- The company projected $195 million in revenue for the year:
The company, established in January 2024, acquired Celsius’ mining assets under a court-approved reorganization:
The shares opened at $50 and closed at $62.90:
The company holds 2,815.6 bitcoin worth $192.1 million:
