What's driving bitcoin's outperformance? NYDIG's Pete Janney and Greg Cipolaro dig into the new demand structures fueling buying interest and why on-chain metrics suggest the worst of this drawdown may be behind us. https://lnkd.in/e6v76UsN
About us
NYDIG combines technology expertise with operational, risk management, and financial markets excellence in two industry-leading, vertically-integrated franchises: Power & Bitcoin Mining and Bitcoin Financial Infrastructure. Our team is anti-fragile, growing stronger through challenges—just like the network we support and secure. Our mission is to bridge the gap between traditional finance and the modern economy—building a future where financial freedom, power, and innovation are accessible to all. As an affiliate of Stone Ridge Holdings Group, NYDIG benefits from significant synergies across a wide variety of products and services. The industry-leading Stone Ridge Energy franchise owns and operates over 10GW of U.S. natural gas production, providing a complementary source of power to drive the evolution of bitcoin mining, and reducing energy input cost through the consumption of stranded energy available throughout the life cycle of a natural gas well.
- Website
-
https://nydig.com
External link for NYDIG
- Industry
- Financial Services
- Company size
- 201-500 employees
- Headquarters
- New York, NY
- Type
- Privately Held
Locations
-
Primary
Get directions
New York, NY, US
Employees at NYDIG
Updates
-
Bitcoin’s price has risen amid tightening supply and net-positive ETF inflows, while positioning data suggests the trade is not yet crowded. Institutional adoption continues to build, with new offerings from Morgan Stanley, Goldman Sachs, and BlackRock, and strong demand driven by MicroStrategy’s STRC preferred equity. Read the NYDIG analysis: https://lnkd.in/gECnYHCk
-
NYDIG is heading to The Bitcoin Conference in Las Vegas. Make sure you join Greg Cipolaro, NYDIG's Global Head of Research, on the Enterprise Stage: Past Performance, Future Structure: Is Bitcoin at a Turning Point as a Risk Asset? Tuesday, April 28 | 4:30 PM The panel digs into macro drivers, institutional flows, supply dynamics, and whether bitcoin's volatility still defines it — or if its staying power is reshaping how it fits into portfolios. We'll have a private meeting room on-site. Reach out to connect.
-
Going to be a great event. Excited to be part of it. Register here: https://luma.com/jltbztr6
After we address AI, Quantum and the Future of Bitcoin Infrastructure, the second panel at our side-event at The Bitcoin Conference in Las Vegas will focus on the markets. 🔷 The New Bitcoin Credit Market: Pricing, Structure, and Scale 🎙️ Peter Janney, Head of Institutional Finance, NYDIG 🎙️ Katherine Dowling, President & Board Director, Bitcoin Standard Treasury Company 🎙️ Rory Murray, CFA, VP of Digital Asset Management, CleanSpark Moderated by Collin Z McVicker of Winston & Strawn LLP, the conversation will focus on Bitcoin-backed lending as it evolves into a true institutional asset class. Two focused sessions. The operators shaping it in real time. High signal, no fluff. 📅 Tuesday, April 28 📍 AREA15 🕐 1 – 3 PM 🎟️ Register (required) → luma.com/jltbztr6 Brought to you by the Texas Blockchain Council, Winston& Strawn LLP, NYDIG and Blockstream Capital Partners. See Comments section for other conversations at the intersection of Bitcoin, infrastructure and institutional capital during the event.
-
-
Our quarterly update is live! Pete Janney, Greg Cipolaro, Logan Scott, and Ben Lawsky break down a challenging Q1 for bitcoin and what's ahead in Q2 2026. The highlights: bitcoin dropped 22.5% in Q1 under pressure from the stalled Clarity Act, quantum and AI fears, and geopolitical conflict, but has shown resilience since the Iran situation escalated, outperforming gold and silver while behaving as many institutional investors had hoped. Behind the scenes, institutional adoption accelerated. Several top-10 global banks announced custody and ETF products, new capital structures like preferred equity offerings are driving incremental bitcoin demand, and the traditional finance/crypto convergence continues. The big question for Q2: Can the Clarity Act get back on track in May before midterm politics complicate the path? The team give their prediction and explain why the window is narrowing fast. Watch the full conversation here: https://lnkd.in/efgeZr78
-
Q1 2026 is now behind us, and although bitcoin delivered a weak performance overall, it stood out as one of the few assets to gain amid the Iran conflict, underscoring its importance during periods of geopolitical stress. We unpack all of the events from the quarter, as well as highlight some important events that institutional investors should keep their eye on in coming quarters. Read the NYDIG analysis: https://lnkd.in/gSW_45Gq
-
The Clarity Act is the most consequential piece of digital asset legislation on the table right now, and its path forward is anything but certain. In our latest episode, Pete Janney sits down with Ben Lawsky, NYDIG's Global Head of Public Policy and Regulatory Affairs, to discuss the competing interests between the banking lobby, crypto industry, and White House that are shaping negotiations, how an unresolved stablecoin yield provision derailed the bill's momentum, and why the next few weeks could determine whether we see a comprehensive market structure framework or a prolonged legislative stalemate. Worth a watch for anyone tracking the regulatory landscape. https://lnkd.in/e2wHuC4t
-
New sources of bitcoin demand are emerging. Watch Greg Cipolaro and Pete Janney discuss how perpetual preferred stock issuance is helping digital asset treasury companies raise capital to buy more bitcoin, what that means for market structure, and why the current drawdown looks very different from 2022. https://lnkd.in/efstVqit
-
MSTR’s STRC variable rate preferred equity has been a primary driver of bitcoin demand lately, with the company’s preferred equity liabilities now greater than its convertible debt. These instruments are not traditional credit, however. They are actively managed, BTC-supported liabilities where capital markets access, not cash flow, is the key factor. A powerful flywheel is at play, but the dynamic can halt if market confidence waivers. Read the NYDIG analysis: https://lnkd.in/gan9tany
-
Markets are navigating a volatile mix of geopolitics, tech sector shifts, and evolving crypto adoption. Watch Greg Cipolaro and Pete Janney discuss how the conflict in Iran is impacting global markets, why bitcoin has shown resilience during recent volatility, and what early signs may suggest about a potential market bottom. They also examine bitcoin’s correlation with tech equities, continued institutional investment in crypto infrastructure, and respond to recent critiques of bitcoin from prominent investors. https://lnkd.in/evdaUhAb
