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BitFuFu Secures Major Miner Supply Deal with BITMAIN

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BitFuFu Secures Major Miner Supply Deal with BITMAIN

BitFuFu ( (FUFU) ) just unveiled an update.

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BitFuFu Inc. has signed a two-year framework agreement with BITMAIN to acquire up to 80,000 S-series miners, which will support its self-mining operations and cloud services. This agreement provides BitFuFu with operational flexibility and financial benefits, reinforcing its industry leadership by expanding mining infrastructure with a target of 1 GW capacity by 2026.

More about BitFuFu

BitFuFu Inc. is a global leader in Bitcoin mining and comprehensive mining services, offering one-stop solutions including cloud mining. The company is dedicated to fostering secure, compliant, and transparent blockchain infrastructure and leverages its strategic partnership with BITMAIN to provide efficient digital asset mining solutions to a global customer base.

Average Trading Volume: 140,038

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $806.4M

For detailed information about FUFU stock, go to TipRanks’ Stock Analysis page.

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