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Data: Russians Hold Over $25.4 Billion in Cryptocurrency
Summary: According to reports, Vasily Girya, CEO of mining data center operator GIS Mining, stated at the St. Petersburg International Economic Forum (SPIEF-2025) that based on their statistics, as of the first half of 2025, the total value of cryptocurrency held by Russian citizens and institutions has exceeded 2 trillion rubles (approximately $25.4 billion). The data ...
According to reports, Vasily Girya, CEO of mining data center operator GIS Mining, stated at the St. Petersburg International Economic Forum (SPIEF-2025) that based on their statistics, as of the first half of 2025, the total value of cryptocurrency held by Russian citizens and institutions has exceeded 2 trillion rubles (approximately $25.4 billion). The data indicates that under the influence of energy advantages and policies, institutional investors in the country are continuously expanding their orders for Bitcoin mining farms, with industrial-grade mining facilities accelerating their expansion.
