Bitfury Unveils USD 1 Billion Fund to Advance Values-Driven Emerging Technologies

Highlights:

•        Bitfury has launched a USD 1 billion initiative to support ethical emerging technologies.
•         The company plans to begin deploying the committed capital starting in Q4 2025.
•         The initiative marks Bitfury’s transition from a technology builder to an investment firm focused on responsible innovation.

Bitfury has formally advanced its transition from a technology company to an investment-focused enterprise with the launch of a USD 1 billion initiative dedicated to backing innovators working at the intersection of technology and ethics. The program aims to support founders pursuing emerging technologies designed with transparency, accountability and human values at their core. With deployment scheduled to begin in Q4 2025, Bitfury positions itself to play a broader role in ensuring that the digital economy evolves with intention and long-term societal awareness.

A New Phase Built on a Decade of Technology Development

Founded in 2011 during the early blockchain era, Bitfury established itself as one of the first global companies in the sector. Over the years, the company developed and incubated several ventures that have since grown into market-leading enterprises. Cipher Mining and Hut 8, both publicly listed, began as Bitfury’s bitcoin mining operations in the United States and Canada. Bitfury also launched LiquidStack, a company focused on immersion-cooling technologies for high-density computing environments, and co-founded Axelera AI, a European hardware and AI-chip innovator.

Together, these companies form a portfolio geared toward energy-efficient infrastructure, next-generation computing, data-intensive applications and digital assets.

Building a Framework for Responsible Technology

Bitfury has also been instrumental in creating initiatives that promote trust and responsible development within the blockchain ecosystem. The company launched Crystal Intelligence, a compliance-oriented platform used globally, and became a founding member of the Blockchain Alliance, a public–private partnership focused on supporting law-enforcement agencies with education and tools related to blockchain technology. To broaden industry collaboration, Bitfury also founded the Global Blockchain Business Council.

Executives emphasised that the new USD 1 billion initiative is intended to build on this legacy of collaboration and responsibility by supporting ventures that integrate ethical considerations into their technology models from the outset.

Commitment to a Values-Oriented Investment Strategy

The leadership highlighted that this new phase is designed to bring together investors and founders aligned with long-term, human-centred innovation. The initiative will be applied to science-driven technologies that contribute to societal advancement. Bitfury confirmed that the capital for this program has already been secured through its previous operations, successful investments and its global investor network.