BitFury
Bitfury was founded in 2011 and began as a Bitcoin mining chip maker and large-scale mining operator. It has since expanded into blockchain software such as the Exonum framework, crypto-compliance and analytics, and AI and high-performance computing. In 2021 it spun out its US mining operations as the publicly listed Cipher Mining. In 2025 it launched Crystal Intelligence, a crypto-compliance company. Its customers include financial institutions, law enforcement agencies, governments and private enterprises. Third-party estimates put total funding at roughly $170M (CB Insights), and in 2026 it made an investment in Axelera AI (Tracxn).
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