# NYDIG

> NYDIG is a Stone Ridge Holdings Group company that develops, finances, and operates power and compute infrastructure for AI, high-performance computing, and bitcoin mining. Founded in 2017, it also built institutional bitcoin custody, execution, and financing services. Its current website reports a development pipeline exceeding 3 GW, with more than 1 GW deliverable in 2027 and 2028; these are company-reported plans, not installed capacity.

- **Founded:** 2017
- **Headquarters:** New York, United States
- **Founders:** Ross Stevens (Founder and Executive Chairman), Robert Gutmann (Co-founder and former CEO)
- **Products:** Power and high-performance compute infrastructure, Bitcoin mining, Institutional bitcoin custody and execution, Bitcoin financing and structuring, Embedded bank bitcoin services
- **Notable:** NYDIG Execution and NYDIG Trust received their New York licenses/charter in November 2018., Facilitated and custodied MassMutual’s $100 million bitcoin purchase in December 2020., Raised $1 billion in December 2021 at a valuation above $7 billion.

## Products & services

- **Power and high-performance compute infrastructure** — Develops, finances, and operates generation assets, grid positions, and high-density colocation facilities for AI training, inference, and other compute-intensive workloads. Current positioning verified October 2026; launch date not established.
- **Bitcoin mining** — Operates a North American mining business with power generation, site development, engineering, technology, and operations capabilities.
- **Institutional bitcoin custody and execution** — Bitcoin custody through NYDIG Trust Company LLC and execution through NYDIG Execution LLC; regulatory status is entity-specific.
- **Bitcoin financing and structuring** — Institutional financing, bitcoin-backed fiat loans, derivatives, and structuring. NYDIG announced an investment-grade-rated facility backed solely by bitcoin-collateralized fiat loans in February 2025.
- **Embedded bank bitcoin services** — Historically enabled banks and credit unions to offer buying, selling, and holding bitcoin within existing digital banking systems through integrations such as Fiserv.

## Achievements

- NYDIG Execution and NYDIG Trust received their New York licenses/charter in November 2018.
- Facilitated and custodied MassMutual’s $100 million bitcoin purchase in December 2020.
- Raised $1 billion in December 2021 at a valuation above $7 billion.
- Announced the Crusoe mining acquisition in March 2025, including more than 270 MW of power generation technology.
- Current website reports a 3+ GW development pipeline and more than 1 GW deliverable in 2027 and 2028; these are company-reported future plans.

## Latest updates

- **2026-10** — Website reviewed October 25, 2026: NYDIG now leads with power and high-performance compute, reporting a pipeline above 3 GW and over 1 GW deliverable in 2027 and 2028. This is an observation date, not an announced launch date.
- **2025-12** — Stone Ridge’s 2025 investor letter describes parent-company equity financing and its operating culture; parent-group financing is not treated as NYDIG-specific funding.
- **2025-03** — Announced agreement to acquire Crusoe’s bitcoin mining operation and Digital Flare Mitigation technology; purchase terms were undisclosed.
- **2025-02** — NYDIG subsequently reported closing an investment-grade-rated facility invested solely in a pool of bitcoin-collateralized fiat loans.

## Links

- Website: https://www.nydig.com/
- LinkedIn: https://www.linkedin.com/company/nydig
- Twitter/X: https://twitter.com/NYDIG_BTC

---

Profile page: https://yespress.io/nydig
Published by YesPress — https://yespress.io
Last updated: 2026-10-25