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Bitfury a Forbes Blockchain Top 50 Bitcoin miner prepares for

Date:2024-04-28 18:06:15 Channel:Exchange Read:
As one of the leading companies in the blockchain industry, Bitfury has successfully entered the Forbes Blockchain Top 50 list and has become one of the high-profile Bitcoin miners. Now it is preparing to expand globally. , even preparing for an IPO. This move will not only bring more financial support to Bitfury, but also bring new changes and opportunities to the global blockchain industry. Let’s dive into Bitfury’s development history, global expansion plans, and its impact on the blockchain industry.
As a leading Bitcoin miner, Bitfury has attracted much attention for its technical strength and innovative capabilities in the blockchain field. By continuously optimizing mining algorithms and improving mining efficiency, Bitfury has established a strong mining pool network around the world, providing important support for the safe operation of encrypted digital currencies such as Bitcoin. In addition, Bitfury also actively participates in the research and development and promotion of blockchain technology, promoting the application of blockchain in finance, Internet of Things, medical and other fields, empowering the real economy, and achieving deep integration of technology and industry.
With the continuous development of blockchain technology and the continuous expansion of application scenarios, Bitfury is aware of the huge potential of the global market. Therefore, Bitfury is actively preparing for its IPO and preparing to expand globally to further expand its influence and market share in the blockchain industry. Through the IPO, Bitfury will receive more financial support, accelerate technology research and development and global market expansion, and further consolidate its leading position in the blockchain industry. At the same time, Bitfury’s global expansion plan will also provide investors with more opportunities to participate in the development of the blockchain industry and share the dividends brought by blockchain technology.
Bitfury’s global expansion plan will not only bring more development opportunities to the company itself, but also bring new changes and opportunities to the global blockchain industry. With the continuous popularization and application of blockchain technology, more blockchain startups and projects will emerge around the world, bringing more innovative solutions to finance, supply chain, medical and other fields. As a leader in the blockchain industry, Bitfury will promote the application and development of blockchain technology globally and promote the prosperity and healthy development of the global blockchain industry.
In general, Bitfury, as a leader in the blockchain industry, is preparing to expand globally and inject new vitality and impetus into the development of the global blockchain industry. By continuously optimizing technology and expanding the market, Bitfury will continue to play a leading role, promote the application and development of blockchain technology on a global scale, and contribute to the full arrival of the digital economy era. Bitfury’s global expansion plan will bring new opportunities and challenges to the blockchain industry, and will also bring more opportunities for investors and the public to participate in the development of the blockchain industry and share the dividends brought by blockchain technology. . Bitfury’s global expansion is destined to be a journey of innovation and change. Let’s wait and see and witness the bright future of blockchain technology together!

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According to reports, Valery, CEO of Bitfury, a Bitcoin mining hardware manufacturer who has been selected as one of Forbes’ top 50 blockchain companies
Vavilov finally nodded and confirmed that Bitfury is considering an initial public offering or IPO in preparation for the company’s global expansion plan, but has not yet proposed a clear timetable and which exchange will IPO on.

Bitfury’s last funding round was in 2018, raising $80 million with a $1 billion goal.

A week ago, Bitfury’s IPO plan was reported by the media, and Bitfury hired Deloitte accounting firm to review its preparations for listing. There was no positive response from Bitfury at that time. Now the CEO has positively confirmed the listing plan.

Bitfury’s investors include European venture capital fund Korelya Capital, South Korean Internet Naver
Group, Macquarie Capital, one of Australia’s largest banking groups, Dentsu Japan, and crypto investment company Galaxy
Digital.

Founded in 2011, Bitfury operates a variety of services, including crypto mining hardware design and manufacturing, software and semiconductor chip manufacturing, and operating mobile data centers. As of March 2021, the company’s U.S.-based Bitcoin mining subsidiary Cipher
Mining is valued at more than $2 billion.

In addition to focusing on cryptocurrency mining, Bitfury is also actively committed to cryptocurrency security, blockchain research and compliance, and has invested in artificial intelligence research. In early September, Dutch artificial intelligence semiconductor startup Axelera
AI announced the completion of a $12 million seed round of financing, with Bitfury participating in the lead investment.

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