Bitcoin miner and AI infrastructure company Ionic Digital surged more than 25% to nearly $63 in its Nasdaq debut, giving it an implied valuation of ~$2.75B
THE SO WHAT
Public markets are now explicitly valuing the BTC-miner-to-AI-infra pivot—Celsius’s old mining assets repackaged as Ionic Digital at ~$2.75B is a template for stranded energy + compute plays. If you control cheap power or legacy mining, your optionality is in AI hosting, not more hash rate.
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