BitFuFu acquires 51MW site in Oklahoma to deploy S21 series miners with cash cost producing one Bitcoin as low as $18,000 without considering depreciation.
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, highlighting a 1720 BTC holding and 80,000 miners purchase schedule from BITMAIN.
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.
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.
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.
● 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.
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.
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.
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”).