BitFuFu Inc. is a technology company that specializes in providing cloud computing and services for cryptocurrency mining
The company offers a range of solutions to enhance the efficiency and profitability of mining operations, catering to both individual miners and larger enterprises. With a focus on innovation, BitFuFu aims to streamline the mining process through advanced technology, including hardware optimization and software tools, while also promoting sustainable practices within the cryptocurrency ecosystem.
BitFuFu stock surged 26% after reporting +63.1% revenue growth, driven by cloud mining. Net income soared 414.3% to $54M. Its ambitious 1GW Global Capacity Expansion Plan is one to watch.
SINGAPORE, March 25, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced its unaudited financial results for the full year ended December 31, 2024.Full Year 2024 Financial Highlights
The crypto industry recently faced intense scrutiny from the SEC but ultimately emerged victorious. Now, key figures in the crypto world are turning their attention to the regulator, pushing back in various ways.
The crypto industry recently faced intense scrutiny from the SEC but ultimately emerged victorious. Now, key figures in the crypto world are turning their attention to the regulator, pushing back in various ways.
SINGAPORE, March 17, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced that it will release its full year financial results for the year ended December 31, 2024, before U.S. markets open on March 25, 2025.
SINGAPORE, March 13, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced that the Company has been included in the newly launched Bitwise Bitcoin Standard Corporations ETF (Ticker: OWNB). Introduced by Bitwise Asset Management on March 11, 2025, this first-of-its-kind ETF tracks publicly traded companies holding at least 1,000 BTC in their corporate treasuries.
Crypto asset manager Bitwise Asset Management, overseeing $12 billion in client assets, has announced the launched the Bitwise Bitcoin Standard Corporations ETF (NYSE:OWNB) on NYSE Arca, targeting companies holding at least 1,000 Bitcoin (CRYPTO:
SINGAPORE, March 06, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced its unaudited production and mining operations updates for February 2025.
SINGAPORE, Feb. 25, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, announced that its Cloud Mining platform has surpassed 600,000 registered users worldwide.
Video game company GameStop is reportedly looking into investing in Bitcoin and other cryptos. Insiders say GameStop is assessing various investment opportunities, particularly in alternative assets like crypto, with a strong focus on Bitcoin. Following these reports, GameStop’s stock surged by nearly 20%.
SINGAPORE, Feb. 20, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced that it has signed a definitive agreement and acquired a majority ownership in a 51-megawatt (MW) operational Bitcoin mining data center in Oklahoma. The transaction, priced at $400,000 per MW, is funded with cash from BitFuFu’s balance sheet and common stock.
SINGAPORE, Feb. 06, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced its unaudited production and mining operations updates for January 2025.
SINGAPORE, Jan. 31, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, announced that 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, March 16-18, 2025 in Dana Point, California.
Ted Pick, the CEO of Morgan Stanley, said on Thursday during the World Economic Forum held in Davos, Switzerland, that the bank is gearing up to work with U.S. regulators to investigate prospects in the crypto space.
SINGAPORE, Jan. 16, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, announced today that it has signed a letter of intent to acquire a majority stake in a 51-megawatt (MW) Bitcoin mining facility in the State of Oklahoma, United States.
SINGAPORE, Jan. 08, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced the launch of its new software service, BitFuFuOS, which can increase mining overall earnings by up to 20%. By integrating miners, hosting, mining pools, and software services, BitFuFu aims to provide users with a seamless one-stop mining experience.
SINGAPORE, Jan. 06, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced its unaudited production and mining operations updates for December 2024.
