Ionic Digital, a Bitcoin mining and AI infrastructure firm linked to Celsius, saw its shares rise 26% during its Nasdaq direct listing. The stock closed at $62.90, resulting in a market capitalization of approximately $2.8 billion, according to CoinTelegraph.
The company’s strong debut highlights growing investor interest in crypto-related infrastructure businesses, especially those combining digital asset mining with artificial intelligence technologies. Ionic Digital’s connection to Celsius adds an additional dimension of attention amid the evolving crypto market landscape.
For Japanese investors, Ionic Digital’s performance underscores the increasing global traction of crypto-focused firms on major U.S. exchanges, which may influence local market sentiment towards blockchain and digital asset equities.