Celsius-linked Bitcoin miner Ionic Digital seeks Nasdaq direct listing amid AI pivot

The Celsius-linked Bitcoin miner is seeking a Nasdaq direct listing as it repurposes mining infrastructure for AI and high-performance computing workloads.

Bitcoin miner-turned-AI infrastructure company Ionic Digital has filed for a Nasdaq direct listing that could give former Celsius creditors a public market for shares they received through the bankrupt lender’s restructuring.

Registered stockholders may sell up to 10.8 million Class A shares under the proposed IOND ticker, according to a registration statement filed with the US Securities and Exchange Commission on Monday.

Ionic was formed in 2024 to acquire Celsius Mining’s assets through the bankrupt lender’s restructuring. In the filing, Ionic said it started repositioning itself in 2025 from a pure-play Bitcoin miner into a broader digital infrastructure company serving artificial intelligence and high-performance computing (HPC) workloads. 

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