TechFlow reported, citing Bloomberg, that some former Celsius Network customers are considering liquidating Ionic Digital Inc., a bitcoin mining company they co-own with other Celsius creditors. The move comes as Ionic Digital's上市 plans have stalled, failing to list on Nasdaq as expected by mid-year.
Ionic's lawyer Gregory Pesce said the company has positive cash flow, holding around $200 million in cash and cryptocurrency, and currently aims to go public "at some point in 2025." However, some creditors have expressed concerns over the board's lack of experience in cryptocurrency mining.
Meanwhile, repayments in the Celsius bankruptcy case continue. According to recent court filings, approximately $2.5 billion has been distributed to 251,000 Celsius creditors, while another 121,000 creditors are still awaiting an average payment of $1,500.
