EE Impact

BitRiver

Switzerland · Finance & Payments, IT

LeaveRussia detail: Continue Operations

Still operating in Russia

BitRiver AG, founded by Igor Runets in 2017, is the largest operator of mining data centers and importer of mining equipment in Russia. World's largest provider of datacenter services for green crypto mining. Hydropower and industrial grade reliability.

Status last verified 03/08/2026Source checked 05/06/2026Company website ↗LeaveRussia profile ↗

Business in Russia

The Russian state and the nation’s biggest crypto miner BitRiver have unveiled plans to build mining data centers in BRICS nations.

Decision trail

Decision date 17/06/2022 · Reference ↗

The third largest oil producer in Russia, Gazpromneft, is partnering with Swiss-based bitcoin mining firm BitRiver to build out mining operations located at oil fields according to a memorandum from the St. Petersburg International Economic Forum. Bitcoin mining company Bitriver is cooperating with Gazpromneft and is building a network of data centers and mining farms for the oil company. The desire to work with Russia is also proven by the fact that in April 2022 the US Treasury Department added Bitriver to the list of companies that support the war. The company also has a license to provide services from June 2022 to 2027. BitRiver faces bankruptcy.

Status history since 2022

  1. 03/08/2026 operating · Imported from KSE LeaveRussia

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Exposure profile

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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

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