SINGAPORE, Dec. 05, 2024 — BitFuFu Inc. (“BitFuFu”), a global leader in Bitcoin mining and comprehensive mining services, (NASDAQ: FUFU) today reported owning 1,664 BTC, reflecting its strategic treasury management.

BitFuFu’s Chairman and CEO, Leo Lu, stated that the company’s significant global presence in self-mining Bitcoin, alongside its leading cloud mining and hosting capabilities, often goes unnoticed. BitFuFu possesses a unique ability to generate BTC for its own holdings while simultaneously providing customers with a user-friendly Bitcoin mining platform, avoiding the complexities and costs of independent mining. Lu added that the company’s refined BTC treasury strategy, managed by a dedicated team, and its ability to dynamically allocate hashrate between self-mining and cloud-mining, allows BitFuFu to capitalize on bull markets and mitigate revenue volatility during bear markets. He further highlighted the crucial strategic partnership with BITMAIN, providing access to cutting-edge ASIC miners and ensuring top-tier mining efficiency.

About BitFuFu Inc.

BitFuFu Inc. is a leading global provider of Bitcoin mining and comprehensive mining services, offering customers one-stop solutions including cloud mining. An early investment from BITMAIN, a leading digital asset mining hardware manufacturer, established a lasting strategic partnership in the Bitcoin mining and services sector, making BitFuFu BITMAIN’s sole strategic partner.

BitFuFu is committed to building a secure, compliant, and transparent blockchain infrastructure, delivering stable and intelligent digital asset mining solutions globally. Its expanding global mining facilities and strategic partnership with BITMAIN empower institutional clients and individual enthusiasts to mine digital assets efficiently.

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Forward-Looking Statements

This press release contains “forward-looking statements” under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements, which may include words like “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target,” or similar terms, are not guarantees of future performance. They are based on assumptions and management’s current expectations, and involve inherent risks and uncertainties. Actual results may differ materially from those expressed or implied. While BitFuFu believes its forward-looking statements are reasonable, they are based on a combination of current knowledge and future projections, which are inherently uncertain. All information provided is current as of the date of this release, and BitFuFu does not assume any obligation to update it, except as required by law.

For investor and media inquiries, please contact: 

BitFuFu Investor Relations 

Charley Brady
Vice President, Investor Relations

BitFuFu Media Relations