Ionic Digital Achieves $2.8 Billion Valuation in Nasdaq Debut
Ionic Digital, a spinoff from Celsius Network, successfully debuted on Nasdaq, with its stock rising 26% to a valuation of $2.8 billion. This marks a significant milestone for the company, which emerged from bankruptcy and now offers an exit route for Celsius claimholders.
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Crypto Stocks: Celsius Spinoff Ionic Digital Hits $2.8Bn Valuation Following Nasdaq Listing
Ionic Digital, born from Celsius Network's bankruptcy, closed its Nasdaq direct listing at $62.90, reaching a $2.8B market cap on its first trading day. The post Crypto Stocks: Celsius Spinoff Ionic Digital Hits $2.8Bn Valuation Following Nasdaq Listing appeared first on 99Bitcoins .
Ionic Digital jumps 26% in Nasdaq debut, giving Celsius Network claimholders an exit route
The bitcoin miner reached a market valuation of roughly $2.8 billion based on its 44.9 million shares outstanding.
Celsius-linked Bitcoin miner Ionic Digital gains 26% in Nasdaq debut
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.


