Aspen Creek Digital

What Aspen Creek Digital does

Aspen Creek Digital Corporation (ACDC) is a privately held renewable Bitcoin mining operator founded in 2022, headquartered in the United States with data center operations in Texas and Colorado. The company develops behind-the-meter data centers that are co-located with and purchase power directly from new renewable energy projects (wind, solar, and battery storage), enabling it to deliver Bitcoin mining services — both self-mining and third-party hosting — using sustainably sourced power while reducing exposure to grid power price volatility.

The company's core technology is its co-located data center and renewable energy model, which pairs new generation asset development with flexible behind-the-meter computing load to provide the grid with additional renewable capacity and flexibility. ACDC has announced a 3GW+ pipeline of wind, solar, and battery generation projects targeted for 2025 and positions itself as a catalyst for decarbonization of power generation. The technology stack is centered on physical infrastructure (renewable project development, grid interconnection, and Bitcoin mining hardware) rather than software or AI.

ACDC generates revenue through Bitcoin mining transaction fees and block rewards earned via self-mining, supplemented by quote-based enterprise hosting services for external Bitcoin mining operators. Its go-to-market is enterprise field sales targeting Bitcoin mining operators and high-performance computing facilities. The company raised an $8 million Series A in September 2022 co-led by Galaxy Digital and Polychain Capital, and is led by CEO Alexandra DaCosta (formerly head of ESG and Impact Investing at Cantor Fitzgerald) and CCO David Yi (formerly Cantor Fitzgerald crypto investment banking lead).

Name

Aspen Creek Digital

Legal name

Aspen Creek Digital Corporation

Website

https://acdigitalcorp.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Aspen Creek Digital is a renewable Bitcoin mining operator that develops behind-the-meter data centers co-located with new wind, solar, and battery projects in Texas and Colorado, serving enterprise mining operators with sustainably powered self-mining and hosting services.

Ownership category

akta.pro rank

Product category

Cryptocurrency Mining Infrastructure

NAICS

Mining and Oil and Gas Field Machinery Manufacturing (33313), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Mining Hosting, Colocation & Managed Facilities (FSADAOAE)

akta.pro secondary industries

Mining Software, Firmware & Monitoring Platforms (FSADAOAF), Mining Infrastructure & Energy Procurement (Power, Cooling, Grid Services) (FSADAOAG)

Keywords

• Renewable bitcoin mining
• Cryptocurrency mining hosting
• Co-located data centers
• Renewable energy infrastructure
• Sustainable computing facilities

Headquarters

HQ city

El Segundo

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Technology or R&D, Personnel, Operations, Supply Chain, Marketing or Sales

Revenue model

1. Bitcoin Mining Services: The company operates renewable-powered Bitcoin mining facilities, generating revenue through cryptocurrency mining operations. Operations include both self-mining and hosting services for external miners, with power sourced from co-located solar, wind, and battery generation projects.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Aspen Creek Digital Corporation operates Bitcoin mining facilities and provides hosting services for external miners at behind-the-meter data centers co-located with newly developed renewable energy projects (solar, wind, battery storage). The company couples financial structuring with energy project development to monetize both compute output and renewable generation, using mining load as a flexible offtake to accelerate renewable project financing and reduce power price volatility.

Product overview

Aspen Creek Digital Corporation (ACDC) is a renewable Bitcoin mining operator that operates a fleet of renewably powered data centers. The company's core offerings consist of Bitcoin mining operations (both self-mining and hosting), renewably powered data centers co-located with renewable energy projects, and a pipeline of 3GW+ renewable energy projects (wind, solar, and battery storage). ACDC develops behind-the-meter data centers with new renewable power projects to deliver carbon transparency, reduce power price volatility, and add renewables to the grid. The company operates facilities in Texas and Colorado.

Differentiator

Problem solved

Functional benefit

Products and services

• Bitcoin Mining Operations
• Renewably Powered Data Centers
• Renewable Energy Projects Pipeline

Quantifiable outcome

• 3GW+ renewable energy capacity pipeline by 2025
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Bitfarms: Public Bitcoin miner operating across multiple jurisdictions with a focus on low-cost power. Comparable as a BTC mining operator pursuing renewable and hydroelectric power sources.
• Marathon Digital Holdings: One of the largest publicly traded Bitcoin miners in North America, operating multi-gigawatt capacity. Directly comparable as a scaled BTC mining operator competing for renewable power supply and grid capacity.
• Riot Platforms: Public Bitcoin miner with large Texas operations and significant renewable/grid strategy. Direct geographic and business-model peer to ACDC's Texas-anchored co-location thesis.
• CleanSpark: Public Bitcoin miner focused on efficient operations and grid-flexible infrastructure. Comparable as a scaled BTC mining operator pursuing low-cost power and grid services.
• Hut 8: Public Bitcoin miner with diversified energy infrastructure exposure including renewables. Comparable as a scaled BTC miner integrating power infrastructure and computing load.
• Cipher Mining: Public Bitcoin miner developing industrial-scale data centers in Texas with a focus on low-cost, often renewable, power. Comparable geography and infrastructure-development model.
• Core Scientific: Public Bitcoin miner and large-scale hosting provider with significant infrastructure and operational scale. Comparable as both a miner and a third-party hosting counterpart to ACDC.
• Iris Energy: Public Bitcoin miner that builds and operates data centers powered entirely by renewable energy. Closest pure-play public comparable to ACDC's renewable co-location thesis.

Broad incumbents

• Galaxy Digital: Institutional crypto asset manager and miner that also runs Bitcoin mining operations. Lead investor in ACDC's Series A and a strategic peer given overlapping mining and hosting ambitions.

Emerging players

• TeraWulf: Public Bitcoin miner specifically structured around zero-carbon energy (nuclear and hydro) in the US. Comparable as a sustainability-anchored miner targeting ESG-conscious capital.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/aspen-creek-digital-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds2 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aspen Creek Digital