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Stock impact report

BitFuFu Announces December 2024 Production and Mining Operations Update

BitFuFu Inc. - Class A Ordinary Shares (FUFU) 
Company Research Source: GlobeNewswire
SINGAPORE, Jan. 06, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced its unaudited production and mining operations updates for December 2024. Key Highlights: Bitcoin Production: Produced 111 Bitcoins ("BTC") from self-mining operations, representing a 32% increase from November 2024. Bitcoin Holdings: Held 1,720 BTC in total as of December 31, 2024.Cloud Mining Platform Growth: Surpassed 590,000 registered users.Strategic Expansion: Signed a two-year framework purchase agreement with BITMAIN, a world-leading digital asset mining hardware manufacturer, for for up to 80,000 BITMAIN S-series miners. “Our December 2024 results demonstrate BitFuFu’s strong operational momentum and strategic execution and the 32% increase in Bitcoin production highlights the Company’s ability to optimize its mining operations and adapt to market conditions,” said Leo Lu, BitFuFu’s c Show less Read more
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