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BitFuFu to Participate in the 37th Annual ROTH Conference
Newsfilter· 2025-01-31 12:00
Core Insights - BitFuFu Inc. is a global leader in Bitcoin mining and comprehensive mining services, providing one-stop solutions including cloud-mining [3][4] - The company will participate in the 37th Annual ROTH Conference from March 16-18, 2025, in Dana Point, California, where its executives will engage with investors [1][2] Company Overview - BitFuFu received early investment from BITMAIN, a leading digital asset mining hardware manufacturer, and maintains a strategic partnership with BITMAIN in the Bitcoin mining sector [3] - The company is committed to fostering a secure, compliant, and transparent blockchain infrastructure, offering stable and intelligent digital asset mining solutions to a global customer base [4] Event Participation - The ROTH Conference will feature approximately 500 private and public companies, providing a platform for investors to meet with executive management [2] - BitFuFu will conduct one-on-one meetings with investors throughout the event, enhancing its engagement with the investment community [2]
BitFuFu Announces Entry into Letter of Intent to Acquire Majority Stake in 51-MW Bitcoin Mining Facility in Oklahoma, United States
Globenewswire· 2025-01-16 12:00
Core Insights - BitFuFu Inc. has signed a letter of intent to acquire a majority stake in a 51-megawatt Bitcoin mining facility in Oklahoma, USA [1][3] - The facility is strategically located in an unpopulated area and has a reliable power supply at a competitive cost of approximately 3 cents per kilowatt-hour [2] - The acquisition is part of BitFuFu's North American expansion strategy and aims to enhance operational efficiency and reinforce its leadership in Bitcoin mining [4] Company Overview - BitFuFu Inc. is a global leader in Bitcoin mining and comprehensive mining services, providing one-stop solutions including cloud-mining [5] - The company has received early investment from BITMAIN and remains a strategic partner in the Bitcoin mining sector [5][6] - BitFuFu is committed to fostering a secure and transparent blockchain infrastructure, offering stable digital asset mining solutions to a global customer base [6]
BitFuFu Unveils BitFuFuOS Software Service to Boost Mining Revenue by up to 20%
Globenewswire· 2025-01-08 12:00
SINGAPORE, Jan. 08, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced the launch of its new software service, BitFuFuOS, which can increase mining overall earnings by up to 20%. By integrating miners, hosting, mining pools, and software services, BitFuFu aims to provide users with a seamless one-stop mining experience. BitFuFuOS website : https://www.bitfufu.com/FuFuMinerOS Designed for ea ...
BitFuFu Announces December 2024 Production and Mining Operations Update
Globenewswire· 2025-01-06 13:00
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 ...
BitFuFu Surpasses 520,000 Registered Cloud-Mining Users
Globenewswire· 2024-12-19 13:35
Company Overview - BitFuFu Inc is a global leader in Bitcoin mining and comprehensive mining services, providing one-stop solutions including cloud-mining [4] - The company received early investment from BITMAIN, a world-leading digital asset mining hardware manufacturer, and remains BITMAIN's strategic partner in the Bitcoin mining and mining services space [4] - BitFuFu is dedicated to fostering a secure, compliant, and transparent blockchain infrastructure, providing a variety of stable and intelligent digital asset mining solutions to a global customer base [5] - Leveraging its expanding global mining facility network and strategic partnership with BITMAIN, BitFuFu enables institutional customers and digital asset enthusiasts to mine digital assets efficiently [5] User Growth and Market Reach - BitFuFu's registered cloud-mining users surpassed 520,000, with a compound annual growth rate (CAGR) and YoY% of 67% since launching its cloud-mining website in December 2020 and mobile APP in October 2021 [1] - The company has attracted registered users from over 150 countries, with the top countries driving growth mainly from Asia-Pacific and Europe [1] Product Development and User Experience - In November 2024, BitFuFu revamped its website and mobile app to significantly enhance the user experience and empower users with cutting-edge, user-friendly solutions tailored to their needs [2] - The company's growth in user base demonstrates the tangible value delivered to users and highlights the resilience of its business model across market cycles [3] - BitFuFu is committed to making digital asset mining simpler, more efficient, and accessible to all, with plans to continue innovating and setting new benchmarks in the industry [3]
BitFuFu Signs Long-Term Lease for Two Mining Facilities with 33 MW Capacity in the U.S.
GlobeNewswire News Room· 2024-12-11 11:00
SINGAPORE, Dec. 11, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced it has entered into 10-year exclusive lease agreements for two Bitcoin mining facilities with a combined capacity of 33 megawatts (MW) in the U.S. The lease agreements grant BitFuFu the option to acquire a majority stake in both mining facilities. The lease of both mining facilities marks the next step in BitFuFu’s transi ...
BitFuFu Enhances One-Click Mining User Experience with Upgraded Website and Mobile App
GlobeNewswire News Room· 2024-12-02 11:30
SINGAPORE, Dec. 02, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, providing customers with one-stop solutions including Cloud mining,today announced the launch of its upgraded website and mobile app, delivering a reimagined one-click digital asset mining experience. The enhanced platform features an intuitive, user interface, faster navigation, and improved access to BitFuFu’s products and services. The ...
BitFuFu to Participate in the Inaugural B. Riley Securities Energy Convergence Conference
GlobeNewswire News Room· 2024-11-29 10:52
SINGAPORE, Nov. 29, 2024 (GLOBE NEWSWIRE) -- BitFuFu, Inc. (NASDAQ: FUFU, FUFU.WS) (“BitFuFu” or the “Company”), a global leader in Bitcoin mining and comprehensive mining services, today announced it will participate in the inaugural B. Riley Securities Energy Convergence Conference: Mining, Nuclear and Infrastructure on Wednesday, December 4, 2024, at the Hotel Eventi in New York City. Charley Brady, BitFuFu’s Vice President of Investor Relations, will participate in the conference and meet with institut ...
BitFuFu Announces Changes in Board of Directors
GlobeNewswire News Room· 2024-11-15 11:00
SINGAPORE, Nov. 15, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a fast-growing digital asset mining service and world-leading cloud-mining service provider, today announced changes in its board of directors (the “Board”). Mr. Cheng Yao has resigned from the Board, effective from November 14, 2024. Mr. Yao’s resignation did not result from any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Leo Lu, Chairman and Ch ...
BitFuFu Secures $100 Million Credit Line From Antpool Technologies
GlobeNewswire News Room· 2024-11-12 07:30
Singapore, Nov. 12, 2024 (GLOBE NEWSWIRE) -- BitFuFu, Inc.. (NASDAQ: FUFU, FUFU.WS) (“BitFuFu” or the “Company”), a fast-growing digital asset mining service and world-leading cloud-mining service provider, today announced that its wholly owned subsidiary has entered into a two-year Master Loan Agreement (“MLA”) with Antpool Technologies, granting the Company access up to $100 million in capital. Funds drawn under the MLA will be used for general corporate purposes, including potential M&A opportunities an ...