Bitfury’s $1B Ethical Tech Fund Signals Major Shift from Bitcoin Mining
Bitfury just dropped a billion-dollar bombshell—and it's moving beyond bitcoin mining.
The Strategic Pivot
That $1 billion fund isn't chasing more mining rigs. Instead, it's targeting ethical technology investments—artificial intelligence, blockchain infrastructure, and sustainable computing solutions. The move signals a fundamental repositioning for one of crypto's earliest pioneers.
Why This Matters
When a mining giant shifts focus, the industry pays attention. Bitfury's pivot suggests the real money might not be in creating digital gold anymore—but in building the tools that make the entire ecosystem work. Classic finance move: follow the fees, not the assets.
The timing couldn't be more strategic. As regulatory scrutiny intensifies and energy concerns mount, ethical tech offers both political cover and genuine innovation potential. Sometimes the most profitable trade is knowing when to stop mining and start building.
A Rolling Recovery Across Sectors
Morgan Stanley’s team, led by chief U.S. equity strategist Mike Wilson, believes the U.S. economy has just exited a slow, three-year grinding downturn that hit different industries at different times. The bank calls this process a “rolling recession,” and argues that the reversal is already underway.
As each lagging area stabilizes and rebounds, corporate earnings should strengthen in a staggered but durable way. Wilson’s team notes improving earnings revision trends and pent-up demand across multiple segments of the economy – classic traits of the early phase of a new bull cycle.
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Another catalyst Morgan Stanley highlights is the current momentum in the real economy. Inflation pressures and strong pricing power have kept activity elevated, even as federal debt and deficit issues continue to complicate fiscal planning.
The analysts estimate that an upswing that began in April 2025 could continue for nearly two years – long enough to fuel profit growth and buoy risk assets before the Federal Reserve is forced to tighten policy again. Crucially, they don’t expect that monetary pushback to arrive until well after their forecast window.
Why This Matters
If both forces play out – a synchronized sector rebound and an extended economic upswing—Morgan Stanley says the backdrop will be ideal for a large-scale S&P rally fueled by AI-driven productivity gains and renewed corporate strength.
The bottom line: after years of uneven market performance, the firm believes a broad and sustainable bull phase is forming, setting up 2026 as a year where the index could chart new territory.
