Bitfury Sees Cryptocurrency Crash as Portfolio Rebalancing Opportunity

The recent downturn in the cryptocurrency market has presented a buying opportunity for some industry players. Bitfury, a leading blockchain technology provider, views this period as a chance to rebalance its portfolio.

According to Val Vavilov, founder of Bitfury, the company's stance on Bitcoin remains unchanged. He believes in the digital currency's growth potential and holds a portion of their assets in Bitcoin.

Vavilov stated that this is not an isolated investment, but rather one component of their diversified portfolio. He did not disclose the specific amount invested or the quantity purchased.