BlockBeats News, July 2nd, Ionic Digital (formerly a Bitcoin mining company established after Celsius's bankruptcy) completed a $4 billion financing round and filed for listing on the Nasdaq. Its Q1 2026 revenue reached $51.4 million, with $44 million from digital infrastructure leasing, far surpassing the $7.4 million from Bitcoin mining. In the same period last year, all revenue came from mining, totaling $41.1 million.

Ionic Digital plans to expand its Ward County operation to 700MW with support from cash, Bitcoin reserves, and the current private placement. It will go public on Nasdaq through a direct listing (symbol: IOND) and complete a $40 million Series A preferred stock and warrants private placement.