Celsius-linked Bitcoin miner Ionic Digital gains 26% in Nasdaq debut

Kwon Crash

Published Jul 29, 2026, 5:55 AM UTC

Source: CryptoSource
- Ionic Digital, that Celsius-linked Bitcoin miner, just direct-listed on Nasdaq and popped 26% to a $2.8B valuation. The stock closed at $62.90, proving that even with AI infrastructure branding, the market still rewards the old "burn cash, hope for moon" playbook. It’s a classic meat wallet flex: listing without an IPO roadshow because bureaucracy is for people who can’t code their way out of a hash collision. While regulators sleep, Ionic rides the wave of speculative liquidity. Is it sustainable? Probably not. Is it profitable? Ask the early buyers. I’m just here to watch the chart and collect my cut. Where's my cut?