BitFuFu (FUFU) has released an update.
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BitFuFu, a global leader in Bitcoin mining, reported holding 1,643 BTC and an increase in its self-mining fleet in November 2024, alongside a net cash position of $98 million. The company has secured a $100 million line of credit to bolster its BTC holdings and expand operations. BitFuFu aims to significantly increase its mining capacity by 2026, ensuring continued growth and shareholder value.
For further insights into FUFU stock, check out TipRanks’ Stock Analysis page.
