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flag Latvian billionaire Val Vavilov sees Bitcoin's 50% drop as a chance to buy, diversifying into AI data centers, boosting his net worth despite the crypto crash.

flag Latvian billionaire Val Vavilov, CEO of Bitfury, views Bitcoin’s 50% drop from its October 2025 peak as a buying opportunity, using the downturn to rebalance his portfolio. flag Despite market turmoil and warnings of a “death spiral,” Vavilov remains confident in Bitcoin’s long-term potential while emphasizing diversification. flag His company has shifted focus to AI data centers, including a $3 billion, 10-year deal with Google-backed Fluidstack, boosting shares of Cipher Mining—where he holds a 12% stake—by 200%. flag This strategic pivot has insulated his $1.1 billion net worth from the worst of the crypto crash.

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