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BitFuFu (FUFU) Conference Transcript
2025-07-16 14:05
BitFuFu (FUFU) Conference July 16, 2025 09:05 AM ET Speaker0Everyone. Welcome to the eighty fourth Emerging Growth Conference and day one of our two day virtual investor conference. I'm Anna Berry. Just a few notes. Today, we're running until 04:30 eastern.When we switch to the next company, you'll see a black screen for a moment. Don't go anywhere. That's just us moving to the next company. If you do experience downtime, refresh your browser. Everything usually works properly once you do that.And our platf ...
NR7 Miner launches an easy-to-use XRP cloud mining platform that uses artificial intelligence technology to help cryptocurrency enthusiasts easily obtain Bitcoin
GlobeNewswire News Room· 2025-07-15 16:08
New York, NY, July 15, 2025 (GLOBE NEWSWIRE) -- To counter the expansion and volatility of the cryptocurrency market,NR7 Miner , a provider of cloud-based cryptocurrency mining solutions, today announced the launch of its XRP Cloud Mining service. The platform features a unique "Zero Entry" approach, enabling users to begin mining XRP without initial capital investment. While XRP currently trades near $2.94, NR7 Miner's solution provides an alternative method for cryptocurrency exposure regardless of marke ...
uSmart Securities Updates Coverage of SAIHEAT Limited
Globenewswire· 2025-06-12 12:00
Reiterates BUY Rating and Raises Price Target to $31.32 Following SMR Breakthrough and Favorable Policy DevelopmentsSINGAPORE, June 12, 2025 (GLOBE NEWSWIRE) -- SAIHEAT Limited (“SAIHEAT” or the “Company”) (NASDAQ: SAIH, SAITW), today announces that uSmart Securities has updated its coverage of the Company, reaffirming its BUY rating on SAIHEAT and raising the 12-month price target to $31.32, up from $25.87. This revision reflects significant advancements in the Company’s nuclear technology, supportive U.S. ...
BitFuFu Announces May 2025 Bitcoin Mining and Operation Updates, Highlighting Record Hashrate of 34.1 EH/s
Globenewswire· 2025-06-04 12:00
Core Insights - BitFuFu Inc. reported a significant increase in Bitcoin production, achieving 400 BTC in May 2025, which represents a 91.4% month-over-month increase [2][7][8] - The company expanded its hashrate to a record level of 34.1 EH/s, marking a 20.5% month-over-month increase [7][8] - Total power capacity under management reached 651 MW, reflecting a 15.0% month-over-month increase [4][7][8] Bitcoin Holdings and Production - As of May 31, 2025, BitFuFu held 1,709 BTC, a decrease of 199 BTC from April 30, 2025, due to proactive treasury sales [8] - In May 2025, 357 BTC were mined by cloud-mining customers, while 43 BTC were produced through self-mining [8] Hashrate Overview - The majority of the added procured hashrate was generated from S21 series miners, with self-owned hashrate at 4.2 EH/s and hashrate from third-party suppliers and hosting customers at 29.9 EH/s [8] Power and Infrastructure - The total power capacity under management of 651 MW spans across five continents, indicating a robust global infrastructure [4][7] Mining Services - BitFuFu had 615,559 registered cloud mining users as of May 31, 2025, showcasing the company's strong market presence [5]
BitFuFu Announces Sponsorship and Featured Speaker Appearance at Bitcoin 2025
Globenewswire· 2025-05-07 12:00
Group 1 - BitFuFu Inc. announces its sponsorship of Bitcoin 2025, the world's largest Bitcoin event, scheduled for May 27–29, 2025, in Las Vegas, Nevada [10] - The event is expected to attract over 30,000 attendees, 5,000 companies, and more than 400 speakers from around the globe, focusing on the future of Bitcoin [2] - Charley Brady, Vice President of Investor Relations at BitFuFu, will be a featured speaker discussing cloud mining, highlighting the company's commitment to making Bitcoin mining accessible [3][4] Group 2 - BitFuFu will showcase its latest global deployment strategy, one-stop mining services, and proprietary technologies at Booth 711 during the event [3] - The company aims to empower the global Bitcoin network through its industry-leading cloud mining platform and rapidly scaling data center infrastructure [5] - The sponsorship of Bitcoin 2025 aligns with BitFuFu's mission to promote efficient, transparent, and secure mining solutions [3]