NYDIG
Funding History
| Private Equity Round · 12/2021 | $7.0B |
|---|
About
NYDIG provides institutional bitcoin financial services -- including trading, custody, financing, and insurance-industry bitcoin products -- to banks, insurers, asset managers, and other financial institutions, and describes its current mission as making low-cost energy and scaled compute infrastructure cornerstones of the modern economy.
- CEO
- Tejas Shah
- Employees
- 230
- Headquarters
- New York, New York, USA
- Founded
- 2017
- Website
- nydig.com
Overview
NYDIG is a New York-based bitcoin and digital-infrastructure firm founded in 2017 by Ross Stevens as an affiliate of Stone Ridge Holdings Group. It began as an institutional bitcoin platform offering custody, trading, financing, and insurance-industry bitcoin solutions for banks, insurers, and asset managers.
Since 2024, NYDIG has expanded aggressively into vertically integrated power and compute infrastructure. In October 2024 it took a strategic stake in Coinmint, the colocation operator at a 435-megawatt former aluminum smelter campus in Massena, New York. In March 2025 it acquired Crusoe Energy's bitcoin mining business, adding more than 270 megawatts of power-generation technology and over 20 mining sites across seven U.S. states plus a joint venture in Argentina. As of April 2026, NYDIG was in advanced talks to acquire Alcoa's roughly 1,300-acre, 435-megawatt Massena East smelter site outright, aiming to close the transaction in the middle of 2026.
Private securities are speculative, illiquid, and involve risk of complete loss of principal. You should be prepared to hold private securities for an extended period; there is no assurance of a secondary market, an IPO, or other liquidity event. You are fully responsible for conducting your own due diligence. Pricing is indicative — nothing here is an offer of securities.