Crusoe's Bitcoin Mining Assets to be Acquired by NYDIG

NYDIG to Acquire Crusoe's Bitcoin Mining Operation

March 25, 2025 - NEW YORK - NYDIG, a leading digital asset investment company, today announced that it has entered into a definitive agreement to acquire Crusoe's bitcoin mining operation.

The acquisition is expected to significantly expand NYDIG's mining capacity and further solidify its position as a major player in the global bitcoin mining industry. Crusoe, a leading bitcoin mining company, has been a pioneer in the space since its inception and has built a reputation for its innovative approach to mining and its commitment to sustainability.

"We are thrilled to be acquiring Crusoe's bitcoin mining operation," said Patrick Sweeney, CEO of NYDIG. "This acquisition is a major milestone for our company and will enable us to increase our mining capacity and further accelerate our growth. We are excited to bring Crusoe's team and expertise into the NYDIG family and look forward to working together to continue to drive innovation and growth in the bitcoin mining industry."

The acquisition is expected to be completed in the second quarter of 2025, subject to customary closing conditions. The terms of the deal were not disclosed.

About NYDIG NYDIG is a leading digital asset investment company that provides a range of investment products and services to institutional investors. The company is committed to making digital assets more accessible and mainstream by providing a range of investment options and educational resources.

About Crusoe Crusoe is a leading bitcoin mining company that has been a pioneer in the space since its inception. The company is known for its innovative approach to mining and its commitment to sustainability. Crusoe's mining operation is one of the largest and most efficient in the industry, and the company has a strong reputation for its expertise and reliability.