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CryptoJieJie News, according to The Block, Bitcoin mining firm and AI infrastructure company Ionic Digital saw its share price rise by more than 25% on its first day of direct listing on Nasdaq, with the stock price nearing $63, implying a valuation of about 2.75B. The company was established in January 2024 and acquired most of the mining assets involved in Celsius Network’s bankruptcy restructuring, including mining rigs, infrastructure, about $195 million in cash, and 540 BTC. Ionic Digital terminated its mining operations management agreement with Hut 8 and directly took over the mining farms, with Hut 8 retaining a small equity stake.