Celsius-Linked Ionic Digital Jumps 26% in Nasdaq Debut

Celsius claimholders get liquidity as Ionic Digital jumps 26% in Nasdaq debut

The bitcoin miner reached a market valuation of roughly $2.8 billion based on its 44.9 million outstanding shares.

Ionic Digital jumps 26% in Nasdaq debut

Ionic Digital rose 26% from its opening price to close at $62.90, valuing the Celsius-linked Bitcoin miner near $2.8 billion.

Celsius-Linked Ionic Digital Jumps 26% in Nasdaq Debut

Ionic Digital climbed 26% from its opening price in its Nasdaq debut, closing with a market capitalization of about $2.8 billion after its direct listing.

Celsius Creditors Get a Boost as Ionic Digital Hits $2.8B Valuation on Nasdaq

Key highlights:Ionic Digital goes live on the Nasdaq, marking a 26% surge on the first dayThe Celsius Network creditors have received 37 million sharesThe creditors can now recover a portion of their lost fundsAfter two years of the Celsius Network collapse, the investors are now getting a boost. Ionic Digital, the Bitcoin mining company created from the bankrupt lender’s mining assets, has gone live on the Nasdaq. On the first day of trading it…

Crypto Stocks: Celsius Spinoff Ionic Digital Hits $2.8Bn Valuation

In crypto stocks news, Ionic Digital, the Bitcoin miner and AI infrastructure company that emerged from the wreckage of Celsius Network’s bankruptcy, climbed roughly 26% on its Nasdaq debut Tuesday, closing at $62.90 after opening at $50 and printing a market cap of approximately $2.8Bn, according to its registration statement filed with the US SEC. The stock pared some of those gains in after-hours trading, falling 6.5% to $58.80, according to …