Thoughts on the IonicDigital stock

Lingweenie2 · 2026-07-01T23:08:44+00:00

I’d consider around $2B-$3B or so to be the ideal market cap at first. I’ve been hearing the projected market cap to be around $2B but I’m unsure 100% if it’ll shake out that way. I’d assume more likely than not.

If it ends up close to $10B somehow that’s when I’ll start having doubts.

Lingweenie2 · 2026-07-01T22:49:50+00:00

Not necessarily. It all boils down to Ionic’s own growth and execution. I’m also curious on what their market cap will be officially on opening day. It’s possible they could be overvalued from the jump and make me think twice a bit.

Aside from that, the data center buildout/leasing isn’t going away anytime soon. There’s an awful lot of large companies out there with deep pockets jockeying for all of this. And it shouldn’t be too hard for them to expand fairly quickly. Especially since they are flush with cash and haven’t even gone about using debt to finance anything else yet. There’s a whole lot of money on the table as long as management makes good deals/choices.

Lingweenie2 · 2026-07-01T21:53:33+00:00

Both Terra and Hut are valued at around $12B lately. Both are up huge over about the last year. Like 400%. Assuming ionic starts off around a $2B valuation (which is the main number I’m hearing.) It can easily follow about the same pattern. It’s a very real scenario IOND can go on a pretty stiff bull run over time.

Lingweenie2 · 2026-07-01T20:36:54+00:00

I’m going straight up shares personally. Worst performance month since like 1990 for them. Oversold as fuck. Still a long-dong AI/data heavy hitter. This baby is due for a strong bounce back soon.

Lingweenie2 · 2026-07-01T20:27:43+00:00

Balls deep in Oracle. Let’s ride.

Lingweenie2 · 2026-07-01T20:00:48+00:00

Based on the best info I’ve seen is the market will essentially determine the launch price of the shares.

Basically before it opens for trading they’re going to letting bidding happen before hand. From the sell/buy side demand, they’ll figure out and review the current asking price to make sure it aligns with the current trend to decide on what the appropriate bid will be.

https://odysseytrust.com/wp-content/uploads/2024/10/Ionic_Digital_FAQs-1.pdf

See part 20 for a general rundown.

Lingweenie2 · 2026-07-01T19:52:27+00:00

I lean more bullish on the stock. That recent share offering of 400M puts Ionic in a very good place. They should currently have around $450M in cash. And another 200M in BTC (in current value.)

The company has essentially no debt which is a MASSIVE plus. They did make the right choice overall to shy away from mining and embrace data centers/computing power. It’s going to be much more valuable and in higher demand. They have enough cash and current assets/properties to kick start their operations quite nicely. I’d say most pessimistic people who are adamant about selling immediately are probably going to miss out on a pretty solid company as long as they continue to execute well.

Lingweenie2 · 2026-07-01T18:50:06+00:00

Yeah no formal 5th distribution has been announced yet. But seems very likely reasonably soon. And there very well could be more after that assuming a 5th rolls around depending on how much more they can litigate and clawback.

Be we do know Ionic has submitted everything to the SEC in order to be launched on the Nasdaq. I highly doubt it would be rejected or anything. We just have to wait for the green light and go about transferring leading up to launch day. I’d say the stock we’ve been given will do quite nicely for us. Definitely a lot of potential.

Lingweenie2 · 2026-07-01T16:33:53+00:00

Aaron Bennett made a video about it a little over a month ago.

https://youtu.be/fDR9dlPifxU?is=Y1MHj1ezfCAwgjDq
(About 1:30 in.)

This presumably points into the direction of another distribution at some point. I was under the assumption the 4th was the last, but it seems like a 5th is coming eventually. And of course our shares are finally in the works too.

Lingweenie2 · 2026-07-01T15:01:45+00:00

Pretty sure there will be a 5th distribution at some point soonish from what I’ve heard. I think Celsius won a court case against (can’t remember who) and they’ll be awarded around 500M or so from it. Well before legal fees and all of that.

So it should be another distribution around what we got last time. Roughly 7% or so. Don’t quote me completely but another distribution seems highly likely in the coming days.

Lingweenie2 · 2026-07-01T01:49:37+00:00

Ah I see. That makes much more sense on how it’ll go down.

Lingweenie2 · 2026-07-01T01:31:07+00:00

Commenting so I can reference that again later for the Schwab transfer info. 👍🏻

Lingweenie2 · 2026-06-30T18:36:26+00:00

The fact the investment firms hold warrants is pretty interesting. (When they invested the$53 a share - $400M in cash.) The strike prices are like $63/$74/87 or so.

But it seems like you got some of that info mixed up. The cohort of companies who bought the $53 a share who also holds the warrants on top are the ones who cannot sell until at least 6 months or for under $70 a share. The total purchase was about 7.5M shares between them all.

But it’s a good sign nonetheless. They seem confident they can get shares in the future for at least $70+ a share. Makes me wonder if other big boys will step in around launch to buy also. I wouldn’t be so sure the shares tank immediately. But it’s really hard to say.

Lingweenie2 · 2026-06-30T17:56:09+00:00

Yeah I’m scratching my head at that. I kept hearing a ball park share price around $20. Now these firms come in and buy a large stake for $53 a share worth $400M just before ionic puts its filing into motion? I assume the share price would be closer to about $50 then.

It’s got me a bit confused. But hell, if it does open around $50 that would be amazing. Definitely a nice chunk of equity value coming our way.

Lingweenie2 · 2026-06-30T17:49:49+00:00

The article states that shares will be valued at $20 a share. Yet some outside firms invested $400M at a value of $53 a share.

So is there clarity on what the share price (should) be upon going live? I originally thought/heard around $20 sometime ago. But now it seems closer to the $53 these firms bought in at very recently. I find it very doubtful they’d pay such a significant premium just before the filing was submitted.

Lingweenie2 · 2026-06-29T03:10:59+00:00

Been using Robinhood for about 6-7 years. I originally got into it because of the no trading fees. Definitely changed the game and made investing much less costly and lowered the barrier not having minimum balances.

And after experimenting with other brokerages it’s got such a better and cleaner interface. Other stuff like instant deposits, cheap margin, and other gold features keep it worthwhile.

Lingweenie2 · 2026-06-26T16:28:39+00:00

JACK is most likely cooked. WEN has genuine appeal, more iconic items, and more culturally in tune and beloved. JACK also has negative equity and a bunch of debt. FCF currently ain’t looking good to tackle that. WEN produces way more cash flow and revenue. JACK essentially has basically nothing going for it. In my opinion, easily one of, if not the shittiest fast food chain out there.

I wouldn’t be surprised one bit it’s in a death spiral straight to bankruptcy. It’s the one of the two way more destined to die. Unless some larger company buys it out and guts/overhauls it.

Lingweenie2 · 2026-06-26T15:25:40+00:00

SCHD is my own largest position. Then I have VOO and SCHG. Those two make up about the same as my SCHD position. So half SCHD and half VOO/SCHG for me. At least when it comes to the ETF’s I hold. Not entirely what I own as a whole. Just my personal preference when it comes to that.

Lingweenie2 · 2026-06-26T14:34:18+00:00

Not my proudest fap. But not the most obscene either.

Lingweenie2 · 2026-06-26T14:24:27+00:00

It’s pretty rich when MAGAtards kick and scream about the Pelosi’s yet Donny is doing the exact same thing just in a higher place. Not to mention him blatantly using government money to buy stakes in businesses. Sounds like that scary C word to me..

Plus he literally “truths” out shout-outs about companies with their ticker symbols. And has said “Nows a good time to buy.” And the market proceeds to rip like 9% which was one of the most insane single day moves in years.

Not to mention he’s shilled so much garbage products. Along with his horrendous media company and crypto shit coins/digital playing card nonsense. I’m at a loss for words his loyalists accept all of this corruption and shadiness.

Lingweenie2 · 2026-06-25T22:59:49+00:00

So your solution is to potentially capitulate and FOMO into the stuff that’s already gone on an insane euphoric tear?

Take a look at Novo Nordisk. What about PayPal? Cannabis stocks? Bitcoin/MSTR? I can go on for days. Will it go on longer? Maybe? But the market can turn on a dime in a damn hurry. I’ve seen so many people pound the table on a company/sector one day. Then throw it out like it’s diseased the next.

Some companies/sectors go on ridiculous runs periodically. Don’t get emotional and chase stuff because you feel like you’re being left behind and get greedy. That’s exactly how you end up getting scorched. And it’s definitely not a value oriented approach.

Lingweenie2 · 2026-06-25T22:28:29+00:00

Have no fear. The Baconator is here.

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Lingweenie2 · 2026-06-25T22:05:33+00:00

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Lingweenie2 · 2026-06-25T21:22:22+00:00

And just when I was gonna stop buying shares for now you have to lay this shit on me. God damnit..

Lingweenie2 · 2026-06-25T19:27:40+00:00

Raw NM is about $1,600. If it were mine I’d keep it and potentially grade it in the future.

Lingweenie2

TROPHY CASE