Bitcoin miner Ionic Digital submits direct listing application to US SEC for Nasdaq

CoinFeed June 30 news, according to Cointelegraph, Bitcoin mining company Ionic Digital has submitted a direct listing application to the U.S. Securities and Exchange Commission (SEC) for Nasdaq under the ticker IOND. This listing does not raise new capital, but instead establishes a public trading market for existing shareholders, including former Celsius creditors who received Ionic shares through the bankruptcy plan. Ionic was founded in 2024, acquiring its mining assets through the restructuring of bankrupt crypto lending platform Celsius. Starting in 2025, Ionic has transitioned from pure Bitcoin mining to a digital infrastructure company serving AI and high-performance computing workloads.