Streetbeat News

FUFU

BitFuFu Inc.

https://www.bitfufu.com

Industry

Financial - Capital Markets

BitFuFu Inc. provides digital asset mining and cloud-mining services in Singapore. It also offers miner rental, and miner hosting and sales services to institutional customers and individual digital asset enthusiasts. The company is based in Singapore, Singapore.

Open

5.53

Mkt cap

888M

Volume

24K

High

5.53

P/E Ratio

23.70

52-wk high

18.32

Low

5.35

Div yield

N/A

52-wk low

2.32

BitFuFu Inc. has launched BitFuFuOS, a new software service designed to increase Bitcoin mining revenue by up to 20%. This service integrates various mining components to offer a comprehensive solution.

Portfolio Pulse from

January 08, 2025 | 12:15 pm

BitFuFu has announced its December 2024 production and mining operations update, revealing a holding of 1720 BTC and a schedule to purchase 80,000 miners from BITMAIN.

Portfolio Pulse from

January 06, 2025 | 1:15 pm

BitFuFu Inc. (NASDAQ: FUFU) has signed a two-year agreement with BITMAIN to purchase up to 80,000 S-series Bitcoin miners. This deal allows BitFuFu to order in batches over the period, potentially enhancing its mining capabilities.

Portfolio Pulse from

January 02, 2025 | 1:15 pm

BitFuFu Inc. (NASDAQ: FUFU), a leader in Bitcoin mining, announced it has surpassed 520,000 registered cloud-mining users, marking a significant milestone for the company.

Portfolio Pulse from

December 19, 2024 | 1:45 pm

BitFuFu Inc. (NASDAQ: FUFU) reported its November 2024 production and mining operations, holding 1,643 BTC and producing 84 BTC. The company has net cash of $98 million and plans to add 1 GW of capacity by 2026. Monthly updates will begin in December 2024.

Portfolio Pulse from

December 06, 2024 | 11:15 am

BitFuFu Inc. (NASDAQ: FUFU) has launched an upgraded website and mobile app to enhance the user experience for its Bitcoin mining services. The new platform offers a more intuitive interface, faster navigation, and improved access to products and services, reflecting the company's commitment to innovation.

Portfolio Pulse from

December 02, 2024 | 11:45 am

BitFuFu, a leader in Bitcoin mining, will participate in the B. Riley Securities Energy Convergence Conference on December 4, 2024, in New York City.

Portfolio Pulse from

November 29, 2024 | 11:00 am

BitFuFu Inc. (NASDAQ: FUFU) announced changes in its board of directors, which could impact its strategic direction and governance.

Portfolio Pulse from

November 15, 2024 | 11:15 am

BitFuFu, a digital asset mining service provider, has secured a $100 million credit line from Antpool Technologies. The funds will be used for general corporate purposes, including potential mergers and acquisitions and covering hosting fees.

Portfolio Pulse from

November 12, 2024 | 7:45 am

BitFuFu, a Bitcoin mining company, reported a poor Q3 performance with concerns over its cloud mining business. Despite a year-over-year increase in cloud mining customers, low mining profitability led to a negative impact on operating income.

Portfolio Pulse from

November 08, 2024 | 1:15 pm

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