Foundry
Foundry Digital (a wholly-owned subsidiary of Digital Currency Group) is a U.S.-based decentralized infrastructure company founded in 2019, specializing in institutional-grade services for Bitcoin mining and digital asset staking. The company operates Foundry USA Pool™ (one of the world's largest Bitcoin mining pools, contributing significant North American hashrate with ~30% global share pre-2025 data), provides staking solutions (e.g., Ethereum via SSV Network partnership), hardware optimization/testing/logistics, custom PSUs, and site operations management (including OptiFleet™ software for monitoring/uptime in large-scale facilities). Foundry also offers advisory, equipment financing, and hosted/self-mining support. In January 2025, DCG spun off Foundry's self-mining unit into a separate subsidiary (Fortitude Mining) to focus on diversified proof-of-work assets, allowing Foundry to concentrate on pool, staking, software, and infrastructure services. As of December 22, 2025, Foundry remains active with emphasis on security, transparency, and empowering institutional miners.
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June 2026 Bitcoin Mining & AI Infrastructure Update: Kevin O’Leary scales back massive Utah AI project after political backlash, MARA transforms with $1.5B Ohio power plant acquisition, Bitdeer breaks ground on 100 MW Alberta gas-powered site, IREN accelerates Nvidia AI pivot, DMG signs 50 MW AI colocation LOI, plus regulatory moves in North Carolina, Riot patent lawsuit, Strategy’s $10.8B unrealized loss, and Cathie Wood’s $1.5M BTC target.
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June 2026 Bitcoin Mining & AI Infrastructure Update: Kevin O’Leary scales back massive Utah AI project after political backlash, MARA transforms with $1.5B Ohio power plant acquisition, Bitdeer breaks ground on 100 MW Alberta gas-powered site, IREN accelerates Nvidia AI pivot, DMG signs 50 MW AI colocation LOI, plus regulatory moves in North Carolina, Riot patent lawsuit, Strategy’s $10.8B unrealized loss, and Cathie Wood’s $1.5M BTC target.
