BitFuFu Announces Entry into Letter of Intent to Acquire Majority Stake in 51-MW Bitcoin Mining Facility in Oklahoma, United States

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]