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Bitfury Founder: The current market downturn is an opportunity for the company to rebalance its portfolio and buy BTC at lower prices.

bitcoin news Capital Flow

2026-02-12 06:42:04

BTC-0.67%

PANews February 12 News, 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 investment portfolio and buy 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 the form of Bitcoin, but it is only a part of our investment portfolio." He emphasized that his company has long since expanded from cryptocurrency mining into the field of artificial intelligence infrastructure.

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