Bitfury Shifts Focus to $1 Billion Fund for Emerging Tech

After 14 years in Bitcoin mining, Bitfury is embarking on a new chapter by launching a $1 billion investment fund aimed at supporting ethical emerging technologies. The firm will prioritize artificial intelligence and crypto startups as early as the fourth quarter of 2025, leveraging funds from previous operations, successful investments, and a network of investors. CEO Val Vavilov highlights that Bitfury’s mission is to bridge innovation with ethics by providing catalysts for entrepreneurs creating technologies that benefit humanity and promote long-term stability.