The global blockchain company – Bitfury Group – got support from the institutional and private investors during successful private placement for $80 million.
According to the company press release, the investments came such global and European giants as Korelya Capita, Naver Group, Macquarie Capital и Dentsu Inc., iTech Capital, Galaxy Digital and other. At the same time, the process of the private placement round was guided by the European investment bank – Bryan Garnier & Co.
“Bitfury has grown from a small startup to the largest western blockchain unicorn, equipped with worldclass leadership and expertise, consistently delivering innovative solutions across the entire blockchain ecosystem,” commented Antoine Dresch, co-founder and managing partner of Korelya Capital.
The company shared that the funds received from this round would be spent on boosting management performance, strategic financing of the company's projects along with other targets.
The founder and CEO of Galaxy Digital, Mike Novogratz is also glad to cooperate with Bitfury citing their impression from "Bitfury’s unparalleled team, as well as the company’s vision, technical expertise and global reach, all of which are essential to advancing the underlying bitcoin ecosystem."
Bitfury keeps working on its products and recently released a new generation of Bitfury Clarke ASIC and bitcoin server Bitfury Tardis, which are believed to boost the performance of its miners – Bitfury BlockBox.