Ionic Digital, the company born from the ashes of Celsius Mining’s bankruptcy, has filed a public S-1 registration statement with the SEC for a direct listing on the Nasdaq Global Select Market. The company plans to trade under the ticker IOND.
The filing, submitted on June 29, 2026, comes just three days after Ionic closed a $400 million equity private placement that valued the firm at $2 billion pre-money.
From bankruptcy acquisition to billion-dollar listing
Ionic Digital was established specifically to acquire the mining assets of Celsius Mining during the Celsius Network bankruptcy process. That bankruptcy plan was confirmed on November 9, 2023, and became effective on January 31, 2024.
The haul was substantial: approximately 127,000 Bitcoin mining units and associated power infrastructure across US facilities. The company currently operates more than 110,000 active Bitcoin miners.
