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Mintvest: Bitcoin Asset Management Firm NYDIG Acquires Coinmint for $200 million

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2025-01-20 09:18:08
According to TheMinerMag, Mintvest, a company that claims to own 18.2% of Coinmint, filed a lawsuit against NYDIG in U.S. District Court in Puerto Rico. The lawsuit alleges that based on "information and belief," NYDIG acquired Coinmint for $200 million but failed to pay Mintvest its stake in the company. Mintvest is demanding $36 million in damages from NYDIG.
NYDIG declined to comment on the case or clarify its investment in Coinmint. However, recent developments suggest that NYDIG may be taking over idle power capacity in Coinmint facilities to expand its proprietary mining operations.
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