The Bitcoin miner and AI infrastructure firm closed at $62.90, giving it a market capitalization of about $2.8 billion after its direct itemizing.
Ionic Digital shares climbed about 26% from their opening value of their Nasdaq debut Tuesday after the Celsius-linked Bitcoin miner and AI infrastructure firm accomplished its direct itemizing.
The shares opened at $50 and closed at $62.90, giving Ionic a market capitalization of about $2.8 billion based mostly on roughly 44.9 million shares excellent, in line with its registration assertion filed with the US Securities and Change Fee.
Ionic was shaped in 2024 to amass Celsius Mining’s belongings by the bankrupt crypto lender’s restructuring and has since expanded into AI and high-performance computing infrastructure.
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