founded date:
2017-09-01
hq country:
USA
entity type:
private
status:
active
bitcoin only:
No
employee count:
201-1000
market valuation:
US$7B (As of 2021)
web url:
ceo:
Tejas Shah
founders:
Ross Stevens, Robert Gutmann
key leadership:
Ross Stevens (Founder/Executive Chairman), Tejas Shah (CEO), John Dalby (CFO)
lead investors:
Stone Ridge Group, Westcap, Bessmer Venture Partners and Fintech Collective
total invested capital:
US$1.4B
subsidiaries:
NYDIG Execution LLC, NYDIG Trust Company LLC
founder pedigree:
Stone Ridge Asset Management founders
btc holdings:
10000 + (13/10/2020)
btc holdings source:
corporate timeline:
- 2017: NYDIG was founded by Ross Stevens as a bitcoin-only digital-asset affiliate of Stone Ridge Holdings Group (SRHG), which funded the startup entirely from its own balance sheet to build institutional custody and brokerage rails.
- 2020: The firm raised a $50M growth equity round from undisclosed financial-services investors as its platform client balances crossed $1 billion and its parent company disclosed holding over 10,000 BTC.
- 2021: NYDIG raised a total of $1.2B across two massive funding rounds led by Stone Ridge and WestCap, valued the company at $7B, executed multiple M&A deals, and launched major retail bank distribution partnerships.
- 2022–2024: Amid a corporate downsizing and leadership transition to CEO Tejas Shah, NYDIG pivoted heavily to energy and infrastructure by taking over data center locations in South Carolina and New York via debt settlements and strategic partnerships.
- 2025–2026: NYDIG completed its pivot to vertically integrated power generation, bitcoin mining, and high-performance computing data centers by acquiring Crusoe’s mining division and officially selling its institutional trading business to BitGo Holdings.
- 2020: The firm raised a $50M growth equity round from undisclosed financial-services investors as its platform client balances crossed $1 billion and its parent company disclosed holding over 10,000 BTC.
- 2021: NYDIG raised a total of $1.2B across two massive funding rounds led by Stone Ridge and WestCap, valued the company at $7B, executed multiple M&A deals, and launched major retail bank distribution partnerships.
- 2022–2024: Amid a corporate downsizing and leadership transition to CEO Tejas Shah, NYDIG pivoted heavily to energy and infrastructure by taking over data center locations in South Carolina and New York via debt settlements and strategic partnerships.
- 2025–2026: NYDIG completed its pivot to vertically integrated power generation, bitcoin mining, and high-performance computing data centers by acquiring Crusoe’s mining division and officially selling its institutional trading business to BitGo Holdings.
infra overview:
Vertically integrated power and compute infrastructure.
vertical assets:
Regulated Digital Asset Custody, Bitcoin Mining Infrastructure, Power-Generation Infrastructure, Grid Interconnection Positions, and HPC/AI Data-Center Development Sites.
tech stack:
Proprietary financial transaction infrastructure and audited, insured digital asset custody architecture.
mining sites:
1. Massena East Smelter Site, Massena, New York (166 MW)
2. Hematite, Missouri
3. Spartanburg, South Carolina
4. Childress, Texas
5. Williston Basi Region, North Dakota
6. Neuquén Province / Vaca Muerta region, Argentina
7. Additional units in Colorado, Montana, Wyoming, New Mexico, and Utah
revenue activities:
Digital asset custody fees, high-density compute (HPC) hosting, power-generation delivery, and industrial Bitcoin mining services.
official email:
clientservices@nydig.com
contact phone:
+1 877-869-9041
contact address:
One Vanderbilt Avenue, 65th Floor, New York, NY 10017
x handle:
data confidence:
verified