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.
  • The deal is expected to close pending customary conditions.

Strategic rationale

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

Deal terms & multiples

Deal value
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
November 2, 2021
Acquirer
NYDIG (Strategic)

Frequently asked questions

When did NYDIG announce the acquisition of Bottlepay?

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

What sub-sector is Bottlepay in?

Bottlepay is tracked in the Crypto / Digital Assets sub-sector.

Sources