Founded
2019 (Announced 2020)
2019 (Announced 2020)
CEO
Mike Colyer (Executive Chairman)
Mike Colyer (Executive Chairman)
Status
Private (Subsidiary of DCG)
Private (Subsidiary of DCG)
Valuation
Internal DCG Subsidiary (DCG valued at $10B+ at peak)
Internal DCG Subsidiary (DCG valued at $10B+ at peak)
Founders
Digital Currency Group (DCG), Mike Colyer
Digital Currency Group (DCG), Mike Colyer
Key Leadership
Mike Colyer (Exec Chair), MK Shonak (CEO), various mining/energy leads.
Mike Colyer (Exec Chair), MK Shonak (CEO), various mining/energy leads.
Category
Bitcoin Mining, Staking, Institutional Infrastructure
Bitcoin Mining, Staking, Institutional Infrastructure
Regulatory Status
Registered and compliant within NY state financial frameworks.
Registered and compliant within NY state financial frameworks.
BTC Holding
Undisclosed (Operates Foundry USA, the largest mining pool globally)
Undisclosed (Operates Foundry USA, the largest mining pool globally)
Website
foundrydigital.com
foundrydigital.com
Product Ecosystem
Foundry specializes in institutional-grade mining and staking services. Their “Foundry USA Pool” provides the largest share of network hashrate globally, while their marketplace offers hardware procurement, financing, and advisory services for industrial miners.
Open Source / Tech
- Foundry USA Pool (L1 Security)
- Foundry Academy (Educational Tech)
Standards
- Stratum V2 Adoption Support
- Institutional Custody Standards
Connection & Network
Foundry is a cornerstone of the Digital Currency Group (DCG) network, closely connected to Grayscale, Genesis, and CoinDesk. They are the primary hub for North American industrial miners, including public companies like Marathon and Riot.
| Invested Amount | $100M+ (Initial DCG Commitment) |
| Lead Investors | Digital Currency Group (DCG) |
| Past Founder Success | Mike Colyer (Over 20 years in energy, utilities, and financial services) |
| Subsidiaries | Foundry USA Pool, Foundry Staking, Foundry Academy |
| Companies Founded by Team | 1 (Foundry within the DCG framework) |
| Other Team Investments | Foundryβs team is active in hardware ventures and energy-efficient mining startups. |
π Address: 250 Mill St, Rochester, NY 14614, USA
π Phone: Available via Portal / Sales Inquiries
π§ Email: info@foundrydigital.com