
Ionic Digital Inc.
Company
6
MENTIONS
5
EPISODES
3
PODCASTS
Search complete. 6 mentions across 5 episodes found for "Ionic Digital Inc.".
Oct 9, 2026
Financial Friday: Refineries Bubbles and Bullion
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4:05Eric WolinHOST
Yeah, I just put in a transfer.
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4:08Eric WolinHOST
Sold off a little bit more of that Ionic Digital, the s- the AI company that I accidentally ended up with and don't wanna own, but I sold enough of that, I can buy another fraction of a Bitcoin and a few ounces of gold.
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4:22Eric WolinHOST
So I am putting money...
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4:24Eric WolinHOST
And this, again, is not advice, it's just I announce what I'm doing.
Financial Friday: Refineries Bubbles and Bullion
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3:56Eric WollenHOST
Well, I don't spend money I don't have, and I said that if this gets down close to 4,000, then I'm just gonna buy a few more ounces.
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4:05Eric WollenHOST
Yeah, I just put in a transfer, sold off a little bit more of that Ionic Digital, the s- the AI company that I accidentally ended up with and don't wanna own.
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4:15Eric WollenHOST
But I sold enough of that, I can buy another fraction of a Bitcoin and a few ounces of gold.
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4:22Eric WollenHOST
So I am putting money, and this again is not advice, it's just I announce what I'm doing.
Activism, Edge and Finding Underappreciated AI Winners
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33:25Scott FergusonGUEST
One is we've owned some Bitcoin miners over time.
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33:28Scott FergusonGUEST
We own a company called Ionic Digital that we help fund out of bankruptcy, where we put equity into it as primary equity into the company.
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33:35Scott FergusonGUEST
The company direct listed in July.
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33:37Scott FergusonGUEST
Bitcoin miners are interesting.
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34:10Scott FergusonGUEST
And in the case of Bitcoin miners, we have no interest in the mining of Bitcoin per se, but it's sort of like exploiting the higher and better use of the power consumption and allocation that they've been allocated.
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34:21Scott FergusonGUEST
to mine Bitcoin and turning that instead into an AI data center.
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34:24Scott FergusonGUEST
So this company, Ionic Digital, we put a pipe into the company at roughly 53 bucks a share.
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34:29Scott FergusonGUEST
We agreed to do this in June at the peak of AI mania.
Energy, AI, Investments, and Math
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23:37Eric WolinHOST
So since I had, let's say, more money than the average Joe in there, they tried to pay out a bunch of the little accounts and gave me a little bit of mine.
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23:47Eric WolinHOST
But then we came back, and as the bankruptcy went forward, they paid off all the little guys, and then they gave people like me more and more and more back, and finally they're like, "We're gonna chop up this company and sell it off." Uh, it reopened as Ionic Digital.
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24:07LilaHOST
Mm.
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24:07Eric WolinHOST
And since we got the shares, it shot...
Energy, AI, Investments, and Math
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23:37Eric FrolandHOST
So since I had, let's say, more money than the average Joe in there, they tried to pay out a bunch of the little accounts and gave me a little bit of mine.
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23:47Eric FrolandHOST
But then we came back, and as the bankruptcy went forward, they paid off all the little guys, and then they gave people like me more and more and more back, and finally they're like, "We're gonna chop up this company and sell it off." Uh, it reopened as Ionic Digital.
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24:07Lila FrolandHOST
Mm.
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24:07Eric FrolandHOST
And since we got the shares, it shot...