### Stone Ridge 2025 Investor Letter

Ross Stevens  
December 28, 2025  
[Read Now](https://www.nydig.com/research/stone-ridge-2025-investor-letter)

### What’s Weighing on Bitcoin?

Greg Cipolaro  
June 5, 2026  
[Read Now](https://www.nydig.com/research/whats-weighing-on-bitcoin)

### The $1.3B Trade and the $29.5M Urgency Premium

May 29, 2026  
[Read Now](https://www.nydig.com/research/the-1-3b-trade-and-the-29-5m-urgency-premium)

### Nothing Burger

Pete Janney & Greg Cipolaro  
May 15, 2026  
[Read Now](https://www.nydig.com/research/nothing-burger)

### Crypto Legislation Moves One Step Forward

May 15, 2026  
[Read Now](https://www.nydig.com/research/crypto-legislation-moves-one-step-forward)

### Strategy’s Results Highlight a Structural Shift in DATs

May 8, 2026  
[Read Now](https://www.nydig.com/research/strategys-results-highlight-a-structural-shift-in-dats)

### Bitcoin 2026 Takeaways

May 6, 2026  
[Read Now](https://www.nydig.com/research/bitcoin-2026-takeaways)

### Bitcoin's Protection under the First Amendment

Ross Stevens  
September 25, 2024  
[Read Now](https://www.nydig.com/research/bitcoins-protection-under-the-first-amendment)

### State of Bitcoin (Q4 2025)

February 17, 2026  
[Read Now](https://www.nydig.com/research/nydig-state-of-bitcoin)

### Bitcoin Backed Lending Is Booming

[Read Now](https://www.nydig.com/research/bitcoin-backed-lending-is-booming)

### NYDIG Bitcoin 101

April 27, 2021  
[Read Now](https://www.nydig.com/research/nydig-bitcoin-101)

### Developers of Bitcoin

September 19, 2022  
[Read Now](https://www.nydig.com/research/developers-of-bitcoin)

### A Primer On Bitcoin Mining

April 29, 2022  
[Read Now](https://www.nydig.com/research/a-primer-on-bitcoin-mining)

### Taproot: Explaining Bitcoin’s Biggest Upgrade in Four Years

November 11, 2021  
[Read Now](https://www.nydig.com/research/taproot-explaining-bitcoins-biggest-upgrade-in-four-years)

### The Impact of Bitcoin’s Reward Halvings

July 28, 2021  
[Read Now](https://www.nydig.com/research/the-impact-of-bitcoins-reward-halvings)

### Bitcoin’s Long-Term Compounding Effects

July 19, 2021  
[Read Now](https://www.nydig.com/research/bitcoins-long-term-compounding-effects)

### The Temporalities of Bitcoin Returns

February 18, 2021  
[Read Now](https://www.nydig.com/research/the-temporalities-of-bitcoin-returns)