After Bitcoin's plunge, cryptocurrency billionaires plan to buy at low prices.

As an early adopter of cryptocurrency, Val Vavilov built Bitfury into one of the largest companies in the industry over 15 years by designing Bitcoin mining hardware. The 46-year-old Latvian billionaire has recently shifted his business focus towards artificial intelligence data centers. Now, he says the latest cryptocurrency crash has brought an opportunity to buy again. "For us, the drop in Bitcoin is an opportunity to rebalance our investments, buy a certain amount of Bitcoin at a low price," he said on WhatsApp, without disclosing specific investment amounts or buying quantities.