Transaction · Crypto / Digital Assets · 2021

NYDIG / Bottlepay 2021

NYDIG acquired Bottlepay on November 2, 2021.

Target
Bottlepay
Acquirer
NYDIG
Announced
November 2, 2021
Sub-sector
Crypto / Digital Assets

Transaction overview

  • NYDIG announced the acquisition of Bottlepay on November 2, 2021.

Strategic rationale

Integrate Bottlepay's Lightning Network infrastructure to expand Bitcoin payment capabilities and scale network operations.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
November 2, 2021
Acquirer
NYDIG (Strategic)

Sources