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Russians’ crypto assets exceed $25.4 bln by end of H1 2025

At the same time, he observed a marked increase in interest from investment and asset management firms, as well as institutional clients, in investing in bitcoin mining

ST. PETERSBURG, June 21. /TASS/. The value of Russians’ holdings in crypto assets exceeded 2 trillion rubles ($25.4 bln) by the end of the first half of 2025, CEO of the mining data center operator GIS Mining Vasily Girya said in an interview with TASS during the St. Petersburg International Economic Forum (SPIEF-2025).

"According to our estimates, by the end of the first half of 2025, the value of Russians’ holdings in crypto assets surpassed 2 trillion rubles," he said.

At the same time, he observed a marked increase in interest from investment and asset management firms, as well as institutional clients, in investing in bitcoin mining.

"Major investors continue to expand their digital currency portfolios by increasing orders placed with industrial mining operators," Girya added.

About the forum

The St. Petersburg International Economic Forum (SPIEF) is taking place on June 18-21. This year, the event is held under the theme "Shared Values: The Foundation of Growth in a Multipolar World." Thematic zones such as the ‘Territory of Innovations’ and the national brand space ‘Buy Russian!’ will operate at the Forum.

The program includes the SME Forum, the Creative Industries Forum, the Day of the Future International Youth Economic Forum, the Drug Security Forum, and the Roscongress Urban Hub discussion platform. As part of the cultural program, the Petersburg Seasons festival will be held, and the SPIEF Sports Games will take place.

The Roscongress Foundation is the organizer of the St. Petersburg International Economic Forum. TASS is its information partner.

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