Bitfury Pivots: From Miners to Tech Investors with $1 Billion Funding

Cryptocurrency pioneer Bitfury announces a major shift in strategy, transitioning from mining operations to become a prominent investment firm. The company aims to allocate $1 billion into AI and innovative crypto projects by late 2025, leveraging its expertise and resources for a more sustainable future. This move aligns with industry trends of miners diversifying their efforts amidst market volatility and pursuing new avenues for innovation beyond traditional mining.