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A 25% first-session gain placed Ionic Digital in focus at Nasdaq, as the company makes its public-market entry with a portfolio built from Celsius Mining's $BTC operations.
Ionic Digital was formed from Celsius Mining's assets and later took direct control of those sites from Hut 8. The listing brings a bitcoin-to-AI infrastructure conversion story directly onto the tape.
The chain of control behind the listing Ionic Digital's operational base traces to Celsius Mining.
The company was formed from those assets, which carried a bitcoin mining history, and control of the sites passed through Hut 8 at some point after formation before Ionic Digital assumed direct management.
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