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BitFuFu (FUFU) Stock

Profile

Full Name:

BitFuFu Inc.

Country:

Singapore

IPO:

09 December 2021

Indexes:

Not included

Description:

FUFU (BitFuFu Class A Ordinary Shares) is a company focused on cryptocurrency mining and blockchain technology. It provides efficient mining solutions and services, enabling users to participate in the digital currency ecosystem. FUFU aims to enhance profitability and accessibility in the rapidly evolving crypto market.

Key Details

Price

$5.06

Annual Revenue

$284.11 M(+43.34% YoY)

Annual EPS

$0.06(+329.33% YoY)

PE Ratio

21.73(-87.37% YoY)

Beta

1.50

Events Calendar

Earnings

Next earnings date:

Feb 28, 2025

Recent quarterly earnings:

Nov 05, 2024

Recent annual earnings:

N/A
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

09 Dec '24 HC Wainwright & Co.
Buy
06 Nov '24 HC Wainwright & Co.
Buy

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Institutional Ownership

BitFuFu to Participate in the 37th Annual ROTH Conference
BitFuFu to Participate in the 37th Annual ROTH Conference
BitFuFu to Participate in the 37th Annual ROTH Conference
FUFU
globenewswire.com31 January 2025

Leo Lu, Chairman and CEO of BitFuFu, Calla Zhao, CFO and Charley Brady, Vice President of Investor Relations, will attend the 37th Annual ROTH Conference.

BitFuFu Announces December 2024 Production and Mining Operations Update
BitFuFu Announces December 2024 Production and Mining Operations Update
BitFuFu Announces December 2024 Production and Mining Operations Update
FUFU
globenewswire.com06 January 2025

BitFuFu announces December 2024 production and mining operations update, highlighting a 1720 BTC holding and 80,000 miners purchase schedule from BITMAIN.

BitFuFu Signs Two-Year Framework Agreement with BITMAIN for 80,000 Miners
BitFuFu Signs Two-Year Framework Agreement with BITMAIN for 80,000 Miners
BitFuFu Signs Two-Year Framework Agreement with BITMAIN for 80,000 Miners
FUFU
globenewswire.com02 January 2025

SINGAPORE, Jan. 02, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced it has recently signed a two-year framework agreement with BITMAIN, a world-leading digital asset mining hardware manufacturer, to purchase from BITMAIN up to 80,000 S-series miners (including but not limited to the S21 XP and S21 Pro). Under the terms of the framework agreement, BitFuFu has the flexibility to place orders in batches over a two-year period.

BitFuFu Surpasses 520,000 Registered Cloud-Mining Users
BitFuFu Surpasses 520,000 Registered Cloud-Mining Users
BitFuFu Surpasses 520,000 Registered Cloud-Mining Users
FUFU
globenewswire.com19 December 2024

SINGAPORE, Dec. 19, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced that its registered cloud-mining users surpassed 520,000.

BitFuFu Signs Long-Term Lease for Two Mining Facilities with 33 MW Capacity in the U.S.
BitFuFu Signs Long-Term Lease for Two Mining Facilities with 33 MW Capacity in the U.S.
BitFuFu Signs Long-Term Lease for Two Mining Facilities with 33 MW Capacity in the U.S.
FUFU
globenewswire.com11 December 2024

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.

BitFuFu Announces November 2024 Production and Mining Operations Update
BitFuFu Announces November 2024 Production and Mining Operations Update
BitFuFu Announces November 2024 Production and Mining Operations Update
FUFU
globenewswire.com06 December 2024

● 1,643 BTC held and 84 BTC produced from self-mining operations in November 2024 ● Net cash of US$98 million as of November 30, 2024 ● Targeting 1 GW of additional capacity by the end of 2026 SINGAPORE, Dec. 06, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced unaudited production and mining operations updates for November 2024. Starting in December 2024, BitFuFu will begin regularly issuing monthly updates for investors and the general public and expects to gradually expand its monthly disclosures with additional data.

BitFuFu Enhances One-Click Mining User Experience with Upgraded Website and Mobile App
BitFuFu Enhances One-Click Mining User Experience with Upgraded Website and Mobile App
BitFuFu Enhances One-Click Mining User Experience with Upgraded Website and Mobile App
FUFU
globenewswire.com02 December 2024

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. These advancements reflect BitFuFu's dedication to innovation and its commitment to empowering users with cutting-edge, user-friendly solutions tailored to their needs.

BitFuFu to Participate in the Inaugural B. Riley Securities Energy Convergence Conference
BitFuFu to Participate in the Inaugural B. Riley Securities Energy Convergence Conference
BitFuFu to Participate in the Inaugural B. Riley Securities Energy Convergence Conference
FUFU
globenewswire.com29 November 2024

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.

BitFuFu Announces Changes in Board of Directors
BitFuFu Announces Changes in Board of Directors
BitFuFu Announces Changes in Board of Directors
FUFU
globenewswire.com15 November 2024

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”).

BitFuFu Secures $100 Million Credit Line From Antpool Technologies
BitFuFu Secures $100 Million Credit Line From Antpool Technologies
BitFuFu Secures $100 Million Credit Line From Antpool Technologies
FUFU
globenewswire.com12 November 2024

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 and covering hosting fees to retain Bitcoin holdings and capitalize on potential price appreciation.

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FAQ

  • What is the primary business of BitFuFu?
  • What is the ticker symbol for BitFuFu?
  • Does BitFuFu pay dividends?
  • What sector is BitFuFu in?
  • What industry is BitFuFu in?
  • What country is BitFuFu based in?
  • When did BitFuFu go public?
  • Is BitFuFu in the S&P 500?
  • Is BitFuFu in the NASDAQ 100?
  • Is BitFuFu in the Dow Jones?
  • When was BitFuFu's last earnings report?
  • When does BitFuFu report earnings?
  • Should I buy BitFuFu stock now?

What is the primary business of BitFuFu?

FUFU (BitFuFu Class A Ordinary Shares) is a company focused on cryptocurrency mining and blockchain technology. It provides efficient mining solutions and services, enabling users to participate in the digital currency ecosystem. FUFU aims to enhance profitability and accessibility in the rapidly evolving crypto market.

What is the ticker symbol for BitFuFu?

The ticker symbol for BitFuFu is NASDAQ:FUFU

Does BitFuFu pay dividends?

No, BitFuFu does not pay dividends

What sector is BitFuFu in?

BitFuFu is in the Financial Services sector

What industry is BitFuFu in?

BitFuFu is in the Capital Markets industry

What country is BitFuFu based in?

BitFuFu is headquartered in Singapore

When did BitFuFu go public?

BitFuFu's initial public offering (IPO) was on 09 December 2021

Is BitFuFu in the S&P 500?

No, BitFuFu is not included in the S&P 500 index

Is BitFuFu in the NASDAQ 100?

No, BitFuFu is not included in the NASDAQ 100 index

Is BitFuFu in the Dow Jones?

No, BitFuFu is not included in the Dow Jones index

When was BitFuFu's last earnings report?

BitFuFu's most recent earnings report was on 5 November 2024

When does BitFuFu report earnings?

The next expected earnings date for BitFuFu is 28 February 2025

Should I buy BitFuFu stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions