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Ionic Digital Files for Nasdaq Direct Listing as Bitcoin Miners Pivot Toward AI Infrastructure

New York, 29 June 2026 – Ionic Digital has filed to go public through a direct listing on Nasdaq, marking another sign that cryptocurrency mining companies are increasingly repositioning themselves around artificial intelligence infrastructure.

The Bitcoin mining and AI infrastructure company plans to list under the ticker symbol IOND. Unlike a traditional initial public offering, the direct listing will not create new shares or raise fresh capital for the company. Instead, existing shareholders are expected to sell up to 10.8 million common shares through the listing.

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Author

  • Tim Clark is a Senior Geopolitical Analyst for The Ledger Asia, specializing in the intersection of international relations and market stability. With over a decade of experience, Tim provides deep-dive insights into Indo-Pacific security, global supply chain resilience, and the strategic competition between major powers.

    Previously a consultant for leading international think tanks, he focuses on how shifting diplomatic landscapes and maritime disputes impact corporate governance and trade policy. At The Ledger Asia, Tim’s analysis equips readers with the clarity needed to navigate the complex regulatory and economic environments of Southeast Asia and beyond.

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