Mars Finance reports that according to Bloomberg, Bitfury founder Val Vavilov stated that the recent plunge in cryptocurrencies is a good opportunity to buy again. He commented on WhatsApp, “For us, the decline in Bitcoin is a chance to rebalance our portfolio and purchase a certain amount of Bitcoin at a low price.” However, he did not disclose the investment amount or purchase quantity. Vavilov said, “We believe in Bitcoin and its growth potential, and hold some assets in Bitcoin, but it is only a part of our investment portfolio.” He emphasized that his company has already expanded from cryptocurrency mining into artificial intelligence infrastructure.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitfury Founder: The current market downturn is an opportunity for the company to rebalance its portfolio and buy BTC at lower prices.
Mars Finance reports that according to Bloomberg, Bitfury founder Val Vavilov stated that the recent plunge in cryptocurrencies is a good opportunity to buy again. He commented on WhatsApp, “For us, the decline in Bitcoin is a chance to rebalance our portfolio and purchase a certain amount of Bitcoin at a low price.” However, he did not disclose the investment amount or purchase quantity. Vavilov said, “We believe in Bitcoin and its growth potential, and hold some assets in Bitcoin, but it is only a part of our investment portfolio.” He emphasized that his company has already expanded from cryptocurrency mining into artificial intelligence infrastructure.