Overview
- Bitfury committed to deploy $200 million over the next year, with the rest invested over subsequent years.
- Initial checks are expected to start as early as Q4 2025 with funding drawn from past operations and a network of investors, according to trade reports.
- The initiative targets AI, quantum computing, transparent decentralized systems and self-sovereign identity.
- Company executives frame the shift as reducing reliance on Bitcoin mining, a sector facing tighter margins due to higher difficulty and softer prices, per industry reporting.
- Bitfury cites its track record building and spinning out infrastructure businesses, including Cipher Mining, Hut 8, LiquidStack and Axelera AI.