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BitFuFu ( (FUFU) ) has issued an update.
BitFuFu Inc. announced its January 2025 Bitcoin mining and operational updates, highlighting the production of 83 bitcoins from self-mining and 200 bitcoins for cloud-mining customers. The company held 1,742 bitcoins as of January 31, 2025, and is expanding its operations with the acquisition of a 51-megawatt mining facility in Oklahoma and the energization of 2,000 new miners in March 2025. These strategic moves are aimed at bolstering BitFuFu’s mining capacity amidst resilient Bitcoin prices that have spurred demand for its cloud-mining services. The introduction of BitFuFuOS, a new software service, further enhances operational efficiency, potentially increasing Bitcoin mining earnings by up to 20%.
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 received early investment from BITMAIN, a leading digital asset mining hardware manufacturer, and continues to be its strategic partner. BitFuFu is committed to providing secure, compliant, and transparent blockchain infrastructure, catering to institutional customers and digital asset enthusiasts worldwide.
YTD Price Performance: -10.54%
Average Trading Volume: 179,134
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $816.1M
Learn more about FUFU stock on TipRanks’ Stock Analysis page.
