Defendant

Foundry Digital LLC

1 case as defendant.

Cases
1
Active
1
0 closed
Filed
2025
Top venue
W.D. Texas Midland
1 case

Company profile

Foundry Digital LLC ("Foundry") is a private, wholly-owned subsidiary of Digital Currency Group Inc. (DCG); it has no public ticker. It is headquartered in Rochester, New York, and is registered in Delaware (Wilmington). Third-party trackers place its founding in 2019 and report inconsistent size estimates — Tracxn lists roughly 78 employees (June 2026) while SignalHire estimates 100–200; revenue estimates range from about $44M to $100M. None of these figures are company-reported, so treat them as unverified.

Foundry is an operating company in digital-asset infrastructure, not a patent assertion entity. Its core business is Foundry USA Pool, a U.S.-based Bitcoin mining pool (Full-Pay-Per-Share payouts, KYC compliance) that has repeatedly held roughly 30% of global Bitcoin hashrate, making it among the largest pools. It also offers Foundry OptiFleet, enterprise software for monitoring and automating mining fleets, plus equipment financing/procurement, staking, and advisory services for institutional miners. It launched a Zcash mining pool and the Zcashinfo.com block explorer in 2026. Its self-mining arm was spun out in January 2025 as Fortitude Mining, a separate DCG subsidiary.

Its litigation posture is that of a defendant only: the tracked data show 0 plaintiff cases and 1 defendant case. Foundry is a defendant in Malikie Innovations Ltd. and Key Patent Innovations Ltd. v. Foundry Digital LLC et al., No. 7:25-cv-00567-DC-DTG, filed December 12, 2025 in the U.S. District Court for the Western District of Texas, Midland-Odessa Division — a division favored by patent plaintiffs. Co-defendants are Fortitude Mining, Riot Platforms, and Cipher Digital Inc. (f/k/a Cipher Mining). Foundry moved to dismiss for improper venue.

Malikie is a non-practicing entity asserting a portfolio of elliptic-curve cryptography patents (U.S. Patents 8,788,827; 8,806,197; 8,666,062; 8,532,286; 8,712,039) originating with Certicom and BlackBerry/RIM, covering ECDSA signature operations and efficient SHA-2 hash implementation — technologies the complaint ties to Bitcoin mining and transaction processing. Related Malikie suits have been filed against other Bitcoin miners, including in the Eastern District of Texas, Marshall Division.

Malikie Innovations Ltd. et al. v. Foundry Digital LLC et al.

pending
Docket:
7:25-cv-00567
Filed:
2025-12-12

Malikie Innovations Ltd. and Key Patent Innovations Ltd. sued Foundry Digital LLC and related Bitcoin mining defendants. The case targets their Bitcoin mining operations, including participation in the Foundry USA Pool; defendants filed transfer motions, the parties engaged in claim construction, and Riot Platforms filed counterclaims seeking declaratory judgment of non-infringement of the '827 patent.