Ionic Digital Surges 22% in Nasdaq Debut, Valuing AI Infrastructure Firm at $2.8 Billion
businessstocksaiai-infrastructure 2 posts · 2 accounts
Ionic Digital jumped more than 22% in its Nasdaq debut, valuing the company at nearly $2.8 billion.
The business was assembled from the mining assets of the bankrupt crypto lender Celsius and pivoted to artificial intelligence infrastructure on the back of a 10-year, $2 billion contract with Nscale.
From the sources (2 posts)
@theblockcoTHE BLOCK: Bitcoin miner-turned-AI infrastructure firm Ionic Digital surged more than 22% in its Nasdaq debut, valuing the company at nearly $2.8 billion. Formed from the bankrupt Celsius’ mining assets, Ionic has pivoted to AI infrastruct
@globeandmailBitcoin miner and AI firm Ionic Digital valued at US$2.25-billion in Nasdaq debut