Bitcoin mining company Bitfury launches $1 billion investment plan, focusing on companies in AI, quantum computing, and other fields.

According to a recent report by Fortune magazine, Bitcoin mining giant Bitfury announced on Tuesday the official launch of a $1 billion mission-driven investment program dedicated to discovering and supporting entrepreneurs globally with social responsibility and technological innovation as core objectives.

According to the plan, Bitfury will initially invest $200 million as seed funding next year, with the remainder to be deployed in phases over the next few years. While the specific list of investee companies has not yet been finalized, Bitfury has clearly stated that its investment focus will be on several cutting-edge technology and ethically sound areas.

These areas include, but are not limited to, artificial intelligence, quantum computing, transparent decentralized systems, and highly ethical technology companies.

Furthermore, Bitfury also revealed that it will focus on the field of "Self-Sovereign Identity" (SSI), a technology considered to have significant potential in enhancing personal data control and digital privacy protection.

Bitfury has long relied on its Bitcoin mining business as its primary source of revenue, and has gradually expanded its industrial footprint based on this foundation. Currently, the company has successfully spun off two of its subsidiaries from its parent company and listed them on the Nasdaq Stock Exchange. Cipher Mining (ticker symbol: CIFR) focuses on operations in the US market and has a market capitalization of approximately $5.5 billion;

while Hut8 (ticker symbol: HUT), originating in Canada, currently has a market capitalization of approximately $4 billion. Both companies hold significant positions in the North American Bitcoin mining industry.

Beyond its continued involvement in the cryptocurrency mining sector, Bitfury is also actively investing in artificial intelligence infrastructure. The company not only co-founded but also jointly established two emerging companies focused on underlying AI technologies—LiquidStack and Axelera AI.

The former focuses on developing advanced liquid cooling technology, providing heat dissipation solutions for high-density computing scenarios; the latter focuses on edge AI hardware acceleration, driving the efficient implementation of AI in practical applications.

These initiatives further demonstrate Bitfury's strategic ambition to support global technological innovation and sustainable development.