Americans who lost money in a crypto bankruptcy get a second chance

Jul 29, 2026 3:15 PM

Ionic Digital’s $2.8 billion Nasdaq debut isn't a win for Bitcoin—it’s a calculated pivot away from it. Born from the wreckage of the Celsius bankruptcy, this "miner" is already decommissioning sites to chase AI, projecting that 90% of its 2026 revenue won't even come from mining. This listing looks less like a tech breakthrough and more like a strategic exit ramp for burned creditors to finally dump their shares. Is Ionic a legitimate AI play or just a crypto salvage mission?
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