BitFuFu Reports Company Owns 1,664 BTC, Highlighting Leadership in Bitcoin Self-Mining and Cloud-Mining Solutions
BitFuFu Inc. (FUFU)
Company Research
Source: GlobeNewswire
SINGAPORE, Dec. 05, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced the Company owns 1,664 BTC as of today, underscoring the Company’s disciplined treasury management strategy. “The market seems to neglect the fact that BitFuFu is a major global Bitcoin self-mining player in addition to its leading cloud mining and hosting hashrate scale. BitFuFu has unique capability to produce BTC for its own account and increase its BTC holdings while also generating upfront cash flow by providing customers with a platform to easily mine Bitcoin without the inherent complexity and upfront expense of mining on their own.” said Leo Lu, BitFuFu’s Chairman and CEO. “We have been refining our BTC treasury strategy and have a dedicated team managing our BTC assets. Our ability to dynamically shift our available hashrate between self-mining and cloud-mining provides BitFuFu with the
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FUFU
News
- BitFuFu Surpasses 520,000 Registered Cloud-Mining UsersGlobeNewswire
- BitFuFu Signs Long-Term Lease for Two Mining Facilities with 33 MW Capacity in the U.S.GlobeNewswire
- BitFuFu to Participate in The Microcap Conference in January 2025Accesswire
- BitFuFu Inc. (NASDAQ: FUFU) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $7.00 price target on the stock.MarketBeat
- BitFuFu Announces November 2024 Production and Mining Operations UpdateGlobeNewswire
FUFU
Sec Filings
- 12/6/24 - Form 424B3
- 12/6/24 - Form 6-K
- 11/15/24 - Form 424B3
- FUFU's page on the SEC website