Bitfury founder Val Vavilov views the current cryptocurrency market downturn as a strategic opportunity to acquire Bitcoin at lower prices. Vavilov expressed this sentiment via WhatsApp, highlighting the potential to rebalance Bitfury's investment portfolio by purchasing Bitcoin during the price dip. While he did not specify the amount or quantity of Bitcoin to be acquired, Vavilov reaffirmed the company's belief in Bitcoin's growth potential, noting that it remains a component of their diversified portfolio.
In addition to cryptocurrency mining, Bitfury has expanded its operations into artificial intelligence infrastructure, reflecting a broader strategic focus beyond digital assets. Vavilov's comments underscore the company's commitment to leveraging market conditions to strengthen its asset base.
Bitfury Founder Sees Market Downturn as BTC Buying Opportunity
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