Bitcoin miner and AI infrastructure company Ionic Digital surged more than 25% to nearly $63 in its Nasdaq debut, giving it an implied valuation of ~$2.75B (Kyle Baird/The Block)
Ionic’s first public trade valued the bitcoin miner and AI infrastructure firm at about $2.75 billion.
The Block says Ionic Digital jumped more than 25% in its Nasdaq debut, trading near $63. The company straddles bitcoin mining and AI infrastructure, a pairing investors marked up on its first day. The move gives Ionic a public-market reference point after listing. Techmeme's note
The Block says Ionic Digital jumped more than 25% in its Nasdaq debut, trading near $63. The company straddles bitcoin mining and AI infrastructure, a pairing investors marked up on its first day. The move gives Ionic a public-market reference point after listing. Techmeme's note
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