Digital Asset Firm NYDIG Raises Over $719,000,000 From Dozens of Institutional Investors Despite Crypto Winter

The Bitcoin (BTC) investment firm NYDIG says it raised nearly $720 million for its profitable company, despite the bear market. According to a new filing with the United States Securities and Exchange (SEC), NYDIG raised $719,990,866 in funds from 59 different unnamed investors for its registered Institutional Bitcoin Fund.