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Hedge fund Sachem Head sees room for Ionic shares to surge
Hedge fund Sachem Head sees room for Ionic shares to surge
THE BLOCK: Bitcoin miner-turned-AI infrastructure firm Ionic Digital surged more than 22% in its Nasdaq debut, valuing the company at nearly $2.8 billion.
Formed from the bankrupt Celsius’ mining assets, Ionic has pivoted to AI infrastructure with a 10-year, $2 billion Nscale deal. $IOND
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Kobe with our 20th (!!!) three-pointer of the night 👌👀
As President Luiz Inácio Lula da Silva and his economic advisers debate Brazil’s fiscal plans, one cautionary tale keeps resurfacing
San Francisco, home to some of the world’s most valuable artificial-intelligence companies, is temporarily banning new data centers within its borders. Read the full story:
📷: Jason Henry/Bloomberg
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Is Elon Musk Trying to Slow AI So He Can Catch Up?
🎥 Full episode:
Finish where? On me or breed me?
$ZANO is back in the top 200 on @coingecko 🔥
Zarcanum. Confidential Assets. Ionic Swaps. Real-world spending at millions of merchants. Gateway Addresses on testnet.
Seven years of building. This is just the beginning. 🔒
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