Bitfury pivots to launch $1B tech fund after 14 years of mining Bitcoin

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Why This Matters

Bitfury, a long-standing Bitcoin mining company, is shifting its focus to technology investments by launching a $1 billion fund aimed at ethical AI and crypto startups. This strategic pivot indicates a broader trend of traditional crypto companies diversifying their portfolios.

Market Impact

Market impact analysis based on bullish sentiment with 76% confidence.

Sentiment
Bullish
AI Confidence
76%

Article Context

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Bitcoin miner Bitfury started up in 2011, but has now pivoted to tech investing and will pour $1 billion into ethical AI and crypto startups.

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Original article published by Unknown on November 19, 2025.
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