BitFuFu Acquires 51MW Operational Data Center in Oklahoma, Expanding U.S. Mining Footprint
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BitFuFu has acquired a 51MW operational data center in Oklahoma, expanding its U.S. mining operations. The site will deploy S21 series miners, with a cash cost of producing one Bitcoin as low as $18,000, excluding depreciation.
February 20, 2025 | 2:15 pm
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BitFuFu's acquisition of a 51MW data center in Oklahoma is a strategic move to expand its U.S. mining operations. This could potentially lower the cost of Bitcoin production to $18,000, enhancing profitability.
The acquisition significantly expands BitFuFu's mining capacity in the U.S., potentially reducing production costs and increasing profitability. This strategic move is likely to positively impact BitFuFu's stock price in the short term.
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IMPORTANCE 80
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