PANews reported on February 12th, citing Bloomberg, that Bitfury founder Val Vavilov stated that the current cryptocurrency crash presents a good buying opportunity. He commented on WhatsApp, "For us, the Bitcoin drop is an opportunity to rebalance our portfolio and buy a certain amount of Bitcoin at a low price." However, he did not disclose the investment amount or the quantity purchased. Vavilov stated, "We believe in Bitcoin and its growth potential and hold a portion of our assets in Bitcoin, but it is only one component of our portfolio." He emphasized that his company has already expanded from cryptocurrency mining to the field of artificial intelligence infrastructure.