Russia's cryptocurrency asset holdings exceed 2 trillion rubles as institutional investors continue to expand Bitcoin Mining Farm scale.

ZkSnarker · 2025-06-24T08:06:50+00:00

On June 24, Vasily Girya, CEO of GIS Mining, a mining data center operator, said at the St. Petersburg International Economic Forum (SPIEF-2025) that according to its statistics, as of the first half of 2025, the total value of crypto assets held by Russian citizens and institutions is expected to exceed 2 trillion rubles (about 25.4 billion US dollars). The data shows that driven by energy advantages and policies, the country's institutional investors are continuing to expand the order scale of bitcoin mining farms, and the expansion of industrial-grade mining facilities is accelerating. Analysts note that this increase reflects Russia's view of crypto assets as a strategic investment category, strengthening its global mining position through low-cost electricity. Despite the volatile international regulatory environment, the country's institutions remain optimistic about the long-term earnings potential of digital assets, and major financial groups are systematically increasing their allocation to crypto assets.

ZkSnarker

2025-06-24 08:06:50

[Coin World] On June 24, Coin World reported that GIS Mining CEO Vasily Girya stated at the St. Petersburg International Economic Forum (SPIEF-2025) that according to their statistical data, by the first half of 2025, the total value of encryption assets held by Russian citizens and institutions is expected to exceed 2 trillion rubles (approximately 25.4 billion USD). The data shows that under the advantages of energy and policy support, institutional investors in the country are continuously expanding the scale of Bitcoin Mining Farm orders, with industrial-scale Mining facilities accelerating their expansion. Analysts pointed out that this rise reflects Russia’s view of encryption assets as a strategic investment category, strengthening its global Mining position through low-cost electricity. Despite the fluctuations in the international regulatory environment, institutions in the country remain optimistic about the long-term return potential of digital assets, and major financial groups are systematically increasing their allocation to encryption assets.

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