BitFuFu Secures $100 Million Credit Line From Antpool Technologies

Core Viewpoint - BitFuFu, Inc. has entered into a two-year Master Loan Agreement with Antpool Technologies, allowing access to up to $100 million in capital for corporate purposes, including potential M&A and hosting fees to retain Bitcoin holdings [1][2]. Group 1: Financial Agreement - The Master Loan Agreement allows borrowings at an annual interest rate of 6.5%, secured by a portion of the Company's Bitcoin holdings with a loan-to-value (LTV) ratio of 70% [2]. - Currently, there are no borrowings under the Master Loan Agreement [2]. Group 2: Company Overview - BitFuFu is recognized as a fast-growing digital asset mining service and a leading cloud-mining service provider, with early investment from Bitmain, a major digital asset mining hardware manufacturer [3][4]. - The Company aims to provide secure, compliant, and transparent blockchain infrastructure, offering various digital asset mining solutions to a global customer base [4].