BitFuFu(FUFU)
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BitFuFu Announces Sponsorship of Mining Disrupt 2025 in Dallas
Globenewswire· 2025-11-06 13:00
Core Insights - BitFuFu Inc. is sponsoring Mining Disrupt 2025, a major Bitcoin mining conference taking place from November 11-13, 2025, in Dallas, TX [1][2] - The event is expected to attract thousands of attendees and hundreds of exhibitors, focusing on innovation and collaboration in Bitcoin mining, blockchain, energy, AI, and data centers [2] - BitFuFu will showcase its global infrastructure and proprietary technologies at Booth 68, emphasizing its role in powering the Bitcoin network and exploring partnership opportunities [3] Event Details - Keynote session titled "Powering Bitcoin Network from Infrastructure to Innovation" will be presented by Tony Peng, Global PR Director at BitFuFu, on November 13, 2025, from 8:45 AM to 8:50 AM CST [4] - A panel discussion named "The Grid Eats Bitcoin (and Likes It)" will feature Olga Kochmar, Commercial Director at BitFuFu, on the same day from 10:00 AM to 11:00 AM CST [4] Company Overview - BitFuFu Inc. is recognized as a leading Bitcoin miner and innovator in mining services, committed to empowering the global Bitcoin network through its cloud mining platform and rapidly scaling data center infrastructure [5]
BitFuFu Announces October 2025 Bitcoin Production and Operational Updates
Globenewswire· 2025-11-05 13:00
Core Insights - BitFuFu Inc. reported its unaudited production and mining operation updates for October 2025, highlighting fluctuations in managed hashrate and the execution of a new hashrate contract to meet cloud mining demand [1][2]. Bitcoin Holdings and Production - As of October 31, 2025, BitFuFu held 1,953 BTC, a decrease of 6 BTC from September 30, 2025 [6]. - The company produced 253 BTC in October, with 223 BTC from cloud mining and 30 BTC from self-mining [6]. - The decline in production was attributed to rising network difficulty, power curtailment programs, and the expiration of third-party contracted hashrate [6]. Hashrate Overview - Total hashrate under management was 30.5 EH/s, reflecting a 15.3% month-over-month decrease [6]. - Self-owned hashrate remained unchanged at 5.0 EH/s [6]. - The hashrate from third-party suppliers and hosting customers was 25.5 EH/s [6]. - Average fleet efficiency was reported at 18.2 J/TH [6]. Power and Infrastructure - Total power capacity under management decreased to 555 MW, marking an 11.1% month-over-month decline [3]. Mining Services - BitFuFu announced a new miner purchase and hosting program for ANTMINER S21+ Hyd Bitcoin miners, available to customers globally [6]. - The number of cloud mining users increased to 645,801 as of October 31, 2025, up from 641,526 at the end of September 2025 [6]. Upcoming Conferences - BitFuFu will participate in the Cantor Crypto & AI/Energy Infrastructure Conference in Miami, FL, from November 10-12, 2025, and Mining Disrupt 2025 in Dallas, TX, from November 12-13, 2025 [6].
BitFuFu to Report Third Quarter 2025 Financial Results on November 12, 2025
Globenewswire· 2025-11-04 21:30
Core Viewpoint - BitFuFu Inc. is set to release its third quarter financial results for the period ending September 30, 2025, before the U.S. market opens on November 12, 2025 [1] Group 1: Financial Results Announcement - The earnings conference call will take place at 8:00 a.m. U.S. Eastern Standard Time on November 12, 2025 [1] - Participants must register in advance to join the conference call, receiving a confirmation email with dial-in numbers and a unique access PIN [2] Group 2: Company Overview - BitFuFu Inc. is recognized as a world-leading Bitcoin miner and innovator in mining services [3] - The company focuses on empowering the global Bitcoin network through its cloud mining platform and rapidly scaling infrastructure [3]
BitFuFu Inc. (FUFU) Announces Offering of the NTMINER S21+ Hyd. Bitcoin Miners for Purchase and Hosting
Yahoo Finance· 2025-10-31 03:29
Group 1 - BitFuFu Inc. (NASDAQ:FUFU) is recognized as one of the best stocks under $5 with significant upside potential [1] - The company announced the offering of NTMINER S21+ Hyd. Bitcoin miners at a special rate of $15.3 per terahash (TH/s) [1] - The ANTMINER S21+ Hyd. delivers a hashrate of 358 TH/s at 5370 W, achieving an energy efficiency of 15 J/TH [3] Group 2 - BitFuFu Inc. provides digital asset mining and cloud mining services, catering to both individual enthusiasts and institutional customers [4] - The company emphasizes a compliant, secure, and transparent blockchain infrastructure [4] - The hosting fee for mining services is competitively priced at $0.078/kWh, appealing to miners preparing for a potential Bitcoin bull market [2]
BitFuFu Launches ANTMINER S21+ Hyd. Hosted Mining at $15.3/TH
Globenewswire· 2025-10-27 12:00
Core Insights - BitFuFu Inc. has launched the ANTMINER S21+ Hyd. Bitcoin miners for purchase and hosting, targeting miners in preparation for a Bitcoin bull market [1][2] Group 1: Product Offering - The company offers a special rate of $15.3 per terahash (TH/s) and a hosting fee as low as $0.078 per kWh, making it an attractive option for miners [2] - The ANTMINER S21+ Hyd. has a hashrate of 358 TH/s at 5370 W, achieving an energy efficiency of 15 J/TH, and is priced at approximately $65,000 [5] Group 2: Hosted Mining Service - Hosted mining involves fully installed and operational mining machines in professional facilities, with operators managing daily operations [3] - Customers maintain full ownership of their miners and Bitcoin mining rewards, with no lock-in periods or minimum commitments [4] Group 3: Company Performance - As of September 30, 2025, BitFuFu managed a total hashrate of 36.0 EH/s and a power capacity of 624 MW, serving over 641,000 users and holding 1,959 BTC [7] Group 4: Competitive Advantages - BitFuFu's hosted mining service integrates various solutions including cloud mining, miner sales, and mining pool services, aimed at reducing startup costs for miners [6]
BitFuFu Announces Sponsorship of Blockchain Life 2025 in Dubai
Globenewswire· 2025-10-24 12:00
Core Insights - BitFuFu Inc. is sponsoring Blockchain Life 2025, a major event for cryptocurrencies and blockchain technologies, scheduled for October 28-29, 2025, in Dubai, UAE [1][2]. Company Overview - BitFuFu Inc. is recognized as a leading Bitcoin miner and innovator in mining services, focusing on empowering the global Bitcoin network through its cloud mining platform and rapidly expanding data center infrastructure [5]. Event Participation - The company will showcase its global infrastructure and one-stop mining platform, including cloud mining services, at Booth P32 during the Blockchain Life 2025 event [3]. - The event is expected to attract over 15,000 attendees from more than 130 countries, highlighting cutting-edge projects and technologies in the blockchain space [2]. Leadership Statement - Leo Lu, Chairman and CEO of BitFuFu, expressed excitement about the sponsorship, emphasizing the opportunity to connect with global leaders in Bitcoin and blockchain innovation [3].
Why BitFuFu Stock Crept Higher Today
Yahoo Finance· 2025-10-06 20:31
Core Insights - BitFuFu (NASDAQ: FUFU) experienced a nearly 3% increase in stock price, attributed to both the rise in Bitcoin and a positive operational update released by the company [1][2]. Production and Operations - In September, BitFuFu's proprietary Bitcoin holdings increased by 60 Bitcoin, totaling 1,959 as of September 30 [3]. - The company's total Bitcoin production, including both its own and that generated by clients, was 329 Bitcoin for September, a decrease from 408 Bitcoin in August [3]. Strategic Approach - CEO Leo Lu emphasized the company's two-track strategy for accumulating Bitcoin, which includes efficient self-mining using low-cost power and next-generation miners, as well as disciplined opportunistic Bitcoin purchases [4]. - This strategy aims to compound Bitcoin holdings over time [4].
BitFuFu Announces September 2025 Bitcoin Production and Operation Updates: Bitcoin Holdings Increasing to 1,959 BTC
Globenewswire· 2025-10-06 12:00
Core Insights - BitFuFu Inc. reported an increase in Bitcoin holdings to 1,959 BTC, up 60 BTC from the previous month, as part of its treasury strategy to accumulate Bitcoin through efficient self-mining and opportunistic purchases [2][6][7] Bitcoin Holdings and Production - As of September 30, 2025, BitFuFu held 1,959 BTC, an increase of 60 BTC from August 31, 2025 [7] - Bitcoin production for September 2025 totaled 329 BTC, with 296 BTC from cloud mining and 33 BTC from self-mining [7] - The decline in Bitcoin production was primarily due to rising network difficulty and power curtailment programs at certain mining facilities [7] Hashrate Overview - Total hashrate under management reached 36 EH/s, reflecting a 1.1% month-over-month increase [7] - Self-owned hashrate remained unchanged at 5.0 EH/s, while hashrate from third-party suppliers and hosting customers was 31.0 EH/s [7] - Average fleet efficiency improved to 17.3 J/TH [6][7] Power and Infrastructure - Total power capacity under management was 624 MW, showing a 0.6% month-over-month decrease [2] Mining Services - BitFuFu had 641,526 registered cloud mining users as of September 30, 2025 [3] Upcoming Conferences - BitFuFu will participate in several upcoming conferences, including: - North American Blockchain Summit on October 9-10, 2025, in Dallas, TX - LD Micro Main Event Conference on October 19-21, 2025, in San Diego, CA - Stocktoberfest on October 22, 2025, in San Diego, CA - ThinkEquity Conference on October 30, 2025, in New York, NY [8]
BitFuFu (FUFU) Emphasizes Transparency and Security in Cloud Mining Operations
Yahoo Finance· 2025-10-04 21:15
Group 1 - BitFuFu Inc. is recognized as one of the most undervalued financial stocks by Wall Street analysts, reaffirming its commitment to transparency and regulatory compliance in cloud mining operations [1] - The company manages a total hashrate of 35.6 EH/s as of August 31, 2025, highlighting robust security protocols, daily Bitcoin payouts, and a user-friendly model for customers [2][3] - BitFuFu's proprietary Aladdin system allows hashrate allocation down to 1 TH/s, achieving over 95% miner uptime and 99.99% platform availability, serving over 636,000 users since its founding in 2020 [3][4] Group 2 - The company operates bitcoin mining facilities and provides cloud-mining services through a strategic partnership with Bitmain, utilizing high-performance mining rigs like the ANTMINER S21 [4] - BitFuFu emphasizes adherence to Know Your Customer (KYC) and Anti-Money Laundering (AML) standards, offering customizable mining contracts and daily settled rewards [2][3]
BitFuFu Strengthens User Trust in Bitcoin Mining Through Transparency, Compliance, and Reliability
Globenewswire· 2025-09-24 12:00
Core Insights - BitFuFu Inc. is committed to transparency, compliance, and reliability in its global Bitcoin mining operations [1][2][3] Company Overview - BitFuFu is a leading Bitcoin miner and mining services innovator, listed on NASDAQ under the ticker FUFU [1][10] - The company has gained the trust of over 636,000 users since its founding in 2020 [2] Transparency and User Autonomy - Each unit of contracted hashrate is traceable to specific mining facilities, ensuring transparency in operations [4] - Users have the autonomy to select their mining pool, purchase terahash, and determine contract duration [4] - Daily Bitcoin mining rewards are settled directly to users' wallets, with the ability to update receiving addresses at any time [5] Security and Compliance - BitFuFu adheres to stringent regulatory standards, including Know Your Customer (KYC) and Anti-Money Laundering (AML) measures [3][6] - The company employs robust security mechanisms such as data encryption and two-factor authentication to protect user accounts [6] Mining Infrastructure and Performance - As of August 31, 2025, BitFuFu manages a total hashrate of 35.6 EH/s, ranking among the top public Bitcoin miners [6] - The proprietary Aladdin system allows for efficient hashrate management, maintaining over 95% uptime [7] - The platform boasts an overall availability of 99.99% and data reliability of 99.9999% [9] User Protection Measures - BitFuFu does not require users to pay security deposits or transfer funds to unofficial addresses, ensuring a secure user experience [11]