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. Strategically located in an unpopulated area, the facility has completed construction of its power and mining infrastructure. It boasts a reliable power supply of 51 MW f ...

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. BitFuFuOS website ： https://www.bitfufu.com/FuFuMinerOS Designed for ea ...

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. Key Highlights: Bitcoin Production: Produced 111 Bitcoins ("BTC") from self-mining operations, representing a 32% increase from November 2024. Bitcoin Holdings: Held 1,720 BTC in total as of December 31, 2024.Cloud Mining Platform Growth: Surpassed ...

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. Since launching its cloud-mining website in December 2020 and mobile APP in October 2021, BitFuFu’s registered users have grown at a compound annual growth rate (CAGR) and YoY% of 67%. So far, BitFuFu has attracted over 150 countries’ registered users on its platf ...

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. The lease of both mining facilities marks the next step in BitFuFu’s transi ...

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. The ...

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. Charley Brady, BitFuFu’s Vice President of Investor Relations, will participate in the conference and meet with institut ...

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”). Mr. Cheng Yao has resigned from the Board, effective from November 14, 2024. Mr. Yao’s resignation did not result from any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Leo Lu, Chairman and Ch ...

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 an ...

Singapore, Nov. 08, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc., (NASDAQ: FUFU) (“BitFuFu” or the “Company) a fast-growing digital asset mining service and world-leading cloud-mining service provider, today announced that it has been awarded Best Technology Solution Provider for Digital Assets – Cloud. This prestigious annual award recognizes the financial services industry’s most innovative and influential companies, honoring those who set new standards in technology and digital asset management worldwide. In re ...