Bitfury Launches $1 B Corporate Tech Fund Targeting AI and Crypto Startups

Why It Matters

The fund positions Bitfury to capitalize on high‑growth AI and crypto sectors while mitigating exposure to a weakening Bitcoin mining market, signaling a broader industry transition toward diversified tech investments.

Deal Summary

Bitfury announced it will allocate a $1 billion corporate venture fund to back ethical AI and crypto startups, with capital coming from its mining operations and investors. The fund is slated to start deploying capital as early as Q4 2025.