BitFuFu ( (FUFU) ) has shared an announcement.
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BitFuFu reported a significant increase in its December 2024 Bitcoin production, achieving a 32% rise from the previous month, and holding a total of 1,720 BTC. The company’s strategic expansion includes a two-year agreement with BITMAIN to acquire up to 80,000 miners, aiming to bolster its hashrate capacity. BitFuFu’s cloud mining platform also grew substantially, surpassing 590,000 registered users. These developments highlight BitFuFu’s operational strength and enhance its competitive positioning in the digital asset mining industry.
More about BitFuFu
BitFuFu Inc. is a global leader in Bitcoin mining and comprehensive mining services, offering solutions such as cloud mining. The company has strategic partnerships, including with BITMAIN, a leading digital asset mining hardware manufacturer, and is focused on providing secure and efficient digital asset mining solutions to a worldwide customer base.
YTD Price Performance: 1.43%
Average Trading Volume: 145,555
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $925.3M
For detailed information about FUFU stock, go to TipRanks’ Stock Analysis page.