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Bitcoin Mining Firm Bitfury Launches $1 Billion Investment Plan, Focusing on Ethical Technology and AI Innovation

2025.11.18 21:40:27

On November 18th, according to a report in "Fortune", the Bitcoin mining firm Bitfury has announced the launch of an investment plan with a maximum amount of $1 billion. This plan is aimed at supporting "mission-driven" entrepreneurs, with a particular focus on investing in the fields of Ethical Tech and Artificial Intelligence (AI). The company plans to invest $200 million in the next year, and the remaining funds will be disbursed over the next few years. Bitfury plans to invest in areas such as AI, quantum computing, transparent decentralized systems, and self-sovereign identity, which enables individuals to have full control over their own data. Val Vavilov, the co-founder and CEO of Bitfury, stated that the company's strategic shift is based on the significant synergy between AI and decentralized systems, and believes that the future will be a combination of the two. Bitfury primarily generates profits through its Bitcoin mining business and has previously spun off two Nasdaq-listed companies: Cipher Mining (with a market value of about $5.5 billion) and Hut 8 (with a market value of about $4 billion). Bitfury also co-founded AI infrastructure companies LiquidStack (for data center cooling) and Axelera AI (for AI software and hardware design).
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Federal Reserve's Mester: Iran War Energy Shock Will Boost Inflation Across the Board

St. Louis Fed President James Bullard said on April 1 that the energy shock tied to the Iran conflict will likely impact overall inflation and could put upward pressure on core prices. “I expect commodity price increases to feed one-for-one into overall inflation, pushing it higher for a period,” Bullard noted. “Core inflation will also face some upward pressure, and I’ll closely monitor the extent of pass-through and the correlation between the two measures.” (Source: FXStreet)

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Key Member of Chen Zhi Criminal Group, Li Xiong, Extradited from Cambodia to China

April 1 (People’s Daily) — With strong support from relevant Cambodian authorities, a working group from China’s Ministry of Public Security has successfully extradited Li Xiong, a core member of the Chen Zhi criminal group, from Phnom Penh, Cambodia to China. Investigations reveal Li Xiong previously served as chairman of the Huiwang Group under the Prince Group. He faces suspicion of crimes including operating casinos, fraud, illegal business activities, and concealing or disguising proceeds of crime. Li is currently in law enforcement custody, and related cases remain under further investigation. A spokesperson for China’s Ministry of Public Security stated that several key members of the Chen Zhi group have been apprehended in succession. Public security organs will continue to step up efforts to resolutely capture and bring fugitives to justice. Previously, U.S. federal prosecutors charged Chen Zhi of the Prince Group with money laundering and telecommunications fraud. In

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US Stock Market Opens Higher, Crypto-Related Stocks See Gains, Circle Up 2.25%

On April 1, Bitget market data shows U.S. stocks opened higher: the Dow Jones Industrial Average rose 0.57%, the S&P 500 gained 0.66%, and the Nasdaq Composite climbed 0.7%. Crypto-related U.S. stocks saw broad gains, including: - MicroStrategy (MSTR) +0.37% - Coinbase (COIN) +1.02% - Circle (CRCL) +2.25% - MARA Holdings (MARA) +0.61% - BitMine Immersion (BMNR) +0.78% - SharpLink Gaming (SBET) +1.63%

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Iran Responds to Trump: Absurd Show, Hormuz Strait Will Not Be Opened as a Result

Al Jazeera reported April 1 that Iran’s Islamic Revolutionary Guard Corps (IRGC) stated it has firm control over the situation in the Strait of Hormuz and will not engage with the country’s enemies amid what it labeled the U.S. president’s “ridiculous performance.” Earlier, former President Trump claimed the Iranian president had requested a ceasefire, adding he would consider the request once the Strait of Hormuz is fully reopened, free, and clear.

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Viewpoint: Trump Aims to Exploit Rift Between Iran's President and Military to Influence Situation

April 1 – Former U.S. President Donald Trump claimed earlier today that the "new president of Iran’s regime has just requested a ceasefire from the United States." Analysts note that Pezheshkiyan served as Iran’s president prior to the current conflict and remains the incumbent. A key question lingers: Has he actually wielded power, either in the past or now? Iran’s presidency is largely symbolic, overseeing civilian government affairs—all policies require approval from the Supreme Leader and the Islamic Revolutionary Guard Corps (IRGC). Recent signs point to growing rifts between the president and the IRGC. Trump’s apparent strategy is to exploit this division: He’s signaling peace to the Iranian people via the president while framing the IRGC as an obstacle to negotiations. This could spark internal unrest, ultimately leading to regime change or at minimum, an unstable situation.

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JPMorgan Chase Lowers S&P 500 Index Target to 7200 Points

April 1: JPMorgan cuts S&P 500 target to 7200 from 7500, citing heightened economic downturn risk.

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