Ionic Digital Inc. (IOND)

Ionic Digital Inc. is a bitcoin mining company that was created from the mining operations of Celsius Network following that company's bankruptcy reorganization. Creditors of Celsius received ownership in Ionic Digital as part of the restructuring.

The company operates fleets of specialized computers that perform the calculations used to validate transactions on the Bitcoin network, earning newly issued bitcoin and transaction fees in return. Its mining operations are located in the United States, primarily in Texas, through company-operated facilities and hosting arrangements.

Ionic Digital's Class A common stock trades on the Nasdaq.