BitFuFu Reports Unaudited Third Quarter 2024 Financial Results
BitFuFu Inc. (FUFU)
Company Research
Source: GlobeNewswire
SINGAPORE, Nov. 05, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc. (NASDAQ: FUFU) (“BitFuFu” or the “Company), a fast-growing digital asset mining service and world-leading cloud-mining service provider, today reported its unaudited financial and operational results for the quarter ended September 30, 2024. Third Quarter 2024 Operational Highlights Hosting capacity of 556 MW diversified across 17 sites on three continents, compared with 339 MW across 16 sites on two continents during the same period of 2023.Total mining capacity under management increased 88.5% to 26.2 EH/s, compared to 13.9 EH/s during the same period of 2023.Cloud-mining registered users increased 75.3% to 455,764 as of September 30, 2024, from 259,929 as of September 30, 2023.Bitcoin (“BTC”) production from self-mining operations decreased 34.0% to 340 BTCs from 515 BTCs in the same period of 2023.BTC production by customers from cloud-mining solutions decreased 40.7% to 957 BTCs from 1,614 BTCs in the same period of 20
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News
- BitFuFu Announces January 2025 Bitcoin Mining and Operation UpdatesGlobeNewswire
- BitFuFu to Participate in the 37th Annual ROTH ConferenceGlobeNewswire
- BitFuFu Announces Entry into Letter of Intent to Acquire Majority Stake in 51-MW Bitcoin Mining Facility in Oklahoma, United StatesGlobeNewswire
- BitFuFu Unveils BitFuFuOS Software Service to Boost Mining Revenue by up to 20%GlobeNewswire
- BitFuFu Reports Strong Bitcoin Production Growth and Strategic Expansion [Yahoo! Finance]Yahoo! Finance
FUFU
Analyst Actions
- 12/9/24 - HC Wainwright
FUFU
Sec Filings
- 2/6/25 - Form 424B3
- 2/6/25 - Form 6-K
- 1/16/25 - Form 424B3
- FUFU's page on the SEC website