Bitcoin Miner Bitfury Bets Big on Ethical AI With Bold Investment Plan

Bitfury, one of the earliest companies in bitcoin mining, is entering a new chapter, this time as a deep-pocketed investor in ethical technology and artificial intelligence (AI). The company has announced a $1 billion investment initiative, marking one of the largest capital commitments from a crypto-native firm into emerging tech sectors.

The new program aims to channel $200 million into mission-driven startups over the next year, with the remaining funds earmarked for long-term deployment. Executive vice chairman George Kikvadze said the initiative reflects Bitfury’s evolution from a crypto pioneer into a broader supporter of future-oriented innovation.

We were mission-driven entrepreneurs that embraced bitcoin. Now we want to take our winnings and enable others to go and win.

Bitfury’s transition mirrors a growing convergence between blockchain and AI across major tech firms, including Google, Apple, and X, especially as regulatory conditions in the U.S. have eased under the Trump administration. While Bitfury has yet to finalize a target list of companies, it intends to back projects in AI, quantum computing, decentralized transparency solutions, and self-sovereign identity systems.

Read more: Bitcoin Is Floundering, but Saylor Is Digging in His Heels

Bitfury’s resources stem from its mining empire and the success of its spin-offs. Cipher Mining and Hut8, both listed on Nasdaq, now command a combined market value of roughly $9 billion. The firm also helped establish Liquidstack, a data-center cooling company, and Axelera AI, a developer of AI hardware and software systems.

FAQ🚀

• What is Bitfury investing in?
  Bitfury is launching a $1 billion global investment initiative focused on ethical AI, decentralized systems, and emerging deep-tech innovation.
• How much funding will be deployed first?
  The company plans to invest $200 million in its first year, targeting mission-driven startups in key tech hubs worldwide.
• Why is Bitfury shifting beyond bitcoin mining?
  Bitfury says the move reflects its evolution from a mining pioneer into a global backer of next-generation technology.
• Which sectors will Bitfury prioritize geographically?
  The initiative will look at AI, quantum computing, transparency tech, and self-sovereign identity solutions across major innovation regions.

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