Russia's Crypto Assets holdings have surpassed $25.4 billion, with a surge in institutional investment.

Gate News bot news, as institutional investors pour trillions of rubles into digital assets and rapidly expand industrial Mining, Russia's crypto market is developing quickly, leveraging abundant energy to strengthen its global position.

As domestic investors actively increase their holdings in digital assets and expand industrial Mining activities, the bullish momentum in Russia's cryptocurrency industry is intensifying, reflecting a strong growth in institutional investor confidence. According to reports, the CEO of the mining data center operator GIS Mining, Vasily Girya, stated at the St. Petersburg International Economic Forum (SPIEF-2025) on June 21 that by the end of the first half of 2025, the cryptocurrency holdings of Russians will exceed 2 trillion rubles (25.4 billion USD).

TASS cited him as saying: "According to our estimates, by the end of the first half of 2025, the value of digital assets held by Russians will exceed 2 trillion rubles."

This milestone highlights that despite the constantly changing regulatory environment, the acceptance of digital currencies among the Russian public continues to rise. This significant growth not only underscores the strong participation of retail investors but also reflects the increasing interest of major financial institutions in Russia in digital currencies.

The active expansion of investment and asset management companies reflects their optimistic view of the profitability and long-term stability of cryptocurrency Mining in Russia. The growth of industrial Mining operations indicates that Russian institutions regard digital assets as a strategic asset class capable of delivering substantial returns.

Girya emphasized that institutional investors' interest has significantly increased, particularly in Bitcoin mining companies. He pointed out: "Major investors continue to expand their digital asset portfolios by increasing orders for industrial mining operators."

As global regulators debate the risks associated with cryptocurrencies, Russian institutional investors are leveraging the country's abundant energy resources to fund large-scale Mining operations. Supporters argue that this strategy not only maximizes resource utilization but also positions Russia as a powerful player in the global crypto economy. The strong institutional momentum indicates that Russia's cryptocurrency market is ready for further expansion and may drive technological innovation and economic diversification in the coming years.