Wednesday , December 2 2020

The BitFury Mining Company covers an investment of $ 80 million



Crypto Mining Company BitFury costs $ 80 million Announced the closure of private equity investments, which will raise the company's revenues up to 170 million US dollars from Series A in 2014.

According to the official press release, the rounds were headed by Venture Capital in Paris, Corelia Capital. Mike Novograth's Galaxy Digital, Macquarie Capital, Dentsu Inc., Armat Group, and others have participated in a series of financing series C for San Francisco's crypto company.
Gregor Revenu, Managing Partner of Bryan, Garnier & Co, an investment bank in Europe, is the only financial advisor and pledge agent for the bourgeoisie, a global chain of recent global institutionalization investments.

Bit Fourier Group currently employs more than 700 people in 15 countries in North America, EMEA and Asia. The company also manages crypto production centers in Iceland, Canada, Georgia and Norway, and provides the world's largest mining grid powers. However, BitFury has launched a new "Clarke" ASIC chip for the most popular and bituminous production of crypto mining equipment.

The company has also developed blockchain applications for corporations and governments and has recorded $ 500 million in revenues through its common operations.

Expand AI
BitFury has invested $ 80 million into the global expansion and access to market segments such as artificial intelligence (AI). However, the company did not publish any relevant information regarding the type of projects that will be placed under the new AI wings.
"Institutionalization of Blokhein and CryptoCards and the possibilities of these new technologies will be in 2019. And later, the Beatiful is a natural extension of the created by it, "says Bitfurie CEO and founder Valery Vavilov. AI.
The funding framework also comes after Bitfur's announcement of a start-up round of public funding to generate $ 3 billion in state funding. The company's biggest competitor, Bithmin, has offered its IPO in Hong Kong, but critically.


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