About Bitfury
Bitfury specializes in blockchain and artificial intelligence technologies, providing solutions to clients such as financial institutions and governments. The company operates data centers that support Bitcoin mining, using powerful devices to validate transactions and earn bitcoins. Bitfury also offers software tools like Crystal for tracking blockchain transactions and Exonum Enterprise, a blockchain-as-a-service solution for businesses. The goal is to enhance security, transparency, and operational efficiency for clients through advanced technology.
Amsterdam, NetherlandsHeadquarters
2011Year Founded
$272.5MTotal Funding
SERIES_CCompany Stage
Crypto & Web3, AI & Machine LearningIndustries
51-200Employees
Risks
Regulatory scrutiny on cryptocurrency mining could impact Bitfury's operations.
Potential IPO may expose Bitfury to market volatility and investor pressure.
Intensifying competition in blockchain technology could erode Bitfury's market share.
Differentiation
Bitfury offers both hardware and software solutions for blockchain technology.
The company provides advanced blockchain analytics tools like Crystal for regulatory compliance.
Bitfury's Exonum Enterprise offers blockchain-as-a-service for operational efficiency.
Upsides
Growing demand for blockchain analytics tools boosts Bitfury's market potential.
Rising interest in BaaS solutions aligns with Bitfury's Exonum Enterprise offering.
Expansion of AI in blockchain enhances Bitfury's security and fraud detection capabilities.
Funding
Total raised$272.53 M
Latest valuation$1.00 B
StageSERIES_C
SERIES B
9/30/2014$20
$100.00 MSERIES A
4/30/2014$20
$100.00 M