[Bitcoin Mining and AI Infrastructure Company Ionic Digital Soars 25% on Nasdaq Debut] According to The Block, Bitcoin mining and AI infrastructure company Ionic Digital surged over 25% on its first day of direct listing on Nasdaq, with its stock price nearing $63, implying a valuation of approximately $2.75 billion. The company was established in January 2024 and acquired the majority of mining assets from Celsius Network during its bankruptcy restructuring, including mining machines, infrastructure, approximately $195 million in cash, and 540 BTC. Hut 8 initially managed Ionic's mining operations under a four-year agreement, but less than a year later, Ionic terminated the agreement and directly took over the mining facilities, with Hut 8 retaining a minority stake.