BitFuFu Inc. (FUFU)
| Market Cap | 871.53M |
| Revenue (ttm) | 452.74M |
| Net Income (ttm) | 36.99M |
| Shares Out | 162.90M |
| EPS (ttm) | 0.23 |
| PE Ratio | 22.79 |
| Forward PE | 22.29 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 324,184 |
| Open | 4.79 |
| Previous Close | 4.83 |
| Day's Range | 4.79 - 5.36 |
| 52-Week Range | 2.32 - 18.32 |
| Beta | 0.24 |
| Analysts | Strong Buy |
| Price Target | 7.00 (+30.84%) |
| Earnings Date | Mar 4, 2025 |
About FUFU
BitFuFu Inc. provides digital asset mining and cloud-mining services in Singapore. It also offers miner rental, and miner hosting and sales services to institutional customers and individual digital asset enthusiasts. The company is based in Singapore, Singapore. [Read more]
Financial Performance
In 2023, BitFuFu's revenue was $284.11 million, an increase of 43.34% compared to the previous year's $198.20 million. Earnings were $10.49 million, an increase of 329.64%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for FUFU stock is "Strong Buy" and the 12-month stock price forecast is $7.0.
News
BitFuFu Acquires 51MW Operational Data Center in Oklahoma, Expanding U.S. Mining Footprint
BitFuFu acquires 51MW site in Oklahoma to deploy S21 series miners with cash cost producing one Bitcoin as low as $18,000 without considering depreciation.
BitFuFu to Participate in the 37th Annual ROTH Conference
Leo Lu, Chairman and CEO of BitFuFu, Calla Zhao, CFO and Charley Brady, Vice President of Investor Relations, will attend the 37th Annual ROTH Conference.
BitFuFu Unveils BitFuFuOS Software Service to Boost Mining Revenue by up to 20%
SINGAPORE, Jan. 08, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced the launch ...
BitFuFu Announces December 2024 Production and Mining Operations Update
BitFuFu announces December 2024 production and mining operations update, highlighting a 1720 BTC holding and 80,000 miners purchase schedule from BITMAIN.
BitFuFu Signs Two-Year Framework Agreement with BITMAIN for 80,000 Miners
SINGAPORE, Jan. 02, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced it has rece...
BitFuFu Surpasses 520,000 Registered Cloud-Mining Users
SINGAPORE, Dec. 19, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced that its re...
BitFuFu Signs Long-Term Lease for Two Mining Facilities with 33 MW Capacity in the U.S.
SINGAPORE, Dec. 11, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced it has ente...
BitFuFu Announces November 2024 Production and Mining Operations Update
● 1,643 BTC held and 84 BTC produced from self-mining operations in November 2024 ● Net cash of US$98 million as of November 30, 2024 ● Targeting 1 GW of additional capacity by the end of 2026 SINGAPO...
BitFuFu Launches Private-Label Mining Pool Offering Competitive Commission Rates as Low as 0.4%
SINGAPORE, Dec. 05, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced the launch o...
BitFuFu Reports Company Owns 1,664 BTC, Highlighting Leadership in Bitcoin Self-Mining and Cloud-Mining Solutions
SINGAPORE, Dec. 05, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced the Company ...
BitFuFu Enhances One-Click Mining User Experience with Upgraded Website and Mobile App
SINGAPORE, Dec. 02, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, providing customers with one...
BitFuFu to Participate in the Inaugural B. Riley Securities Energy Convergence Conference
SINGAPORE, Nov. 29, 2024 (GLOBE NEWSWIRE) -- BitFuFu, Inc. (NASDAQ: FUFU, FUFU.WS) (“BitFuFu” or the “Company”), a global leader in Bitcoin mining and comprehensive mining services, today announced it...
BitFuFu Announces Changes in Board of Directors
SINGAPORE, Nov. 15, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a fast-growing digital asset mining service and world-leading cloud-mining service provider, toda...
BitFuFu Secures $100 Million Credit Line From Antpool Technologies
Singapore, Nov. 12, 2024 (GLOBE NEWSWIRE) -- BitFuFu, Inc.. (NASDAQ: FUFU, FUFU.WS) (“BitFuFu” or the “Company”), a fast-growing digital asset mining service and world-leading cloud-mining service pro...
BitFuFu Earnings: A Bad Q3 And Larger Concerns
BitFuFu is a Bitcoin mining company that generates revenue from both self-mining and selling customers cloud mining packages. Cloud mining is a problematic business when mining profitability is low be...
BitFuFu Awarded Best Technology Solution Provider for Digital Assets – Cloud
Singapore, Nov. 08, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc., (NASDAQ: FUFU) (“BitFuFu” or the “Company) a fast-growing digital asset mining service and world-leading cloud-mining service provider, today...
BitFuFu Reports Unaudited Third Quarter 2024 Financial Results
Hosting Capacity Expands to 556 MW; Mining Capacity Increases 88.5% YoY to 26.2 EH/s Hosting Capacity Expands to 556 MW; Mining Capacity Increases 88.5% YoY to 26.2 EH/s
BitFuFu Inc. to Report Third Quarter 2024 Unaudited Financial Results on November 5, 2024
SINGAPORE, Oct. 30, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a fast-growing digital asset mining service and world-leading cloud-mining service provider, tod...
BitFuFu to Acquire 80-MW Bitcoin Mining Facility in Ethiopia
SINGAPORE, Oct. 22, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a fast-growing digital asset mining service and world-leading cloud-mining service provider, tod...
BitFuFu to Attend AIM Summit Dubai 2024
SINGAPORE, Oct. 15, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a fast-growing digital asset mining service and world-leading cloud-mining service provider, tod...
BitFuFu Recaps its Participation in the H.C. Wainwright 26th Annual Global Investment Conference
Singapore, Sept. 30, 2024 (GLOBE NEWSWIRE) -- BitFuFu, Inc. (NASDAQ: FUFU, FUFU.WS) (“BitFuFu” or the “Company”) a fast-growing digital asset mining service and world-leading cloud-mining service prov...
BitFuFu to Participate in TOKEN2049 Singapore
SINGAPORE, Sept. 12, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a fast-growing digital asset mining service and world-leading cloud-mining service provider, to...
BitFuFu to Attend Upcoming Investor Conferences in September
Singapore, Sept. 06, 2024 (GLOBE NEWSWIRE) -- BitFuFu, Inc. (NASDAQ: FUFU, FUFU.WS) (“BitFuFu” or the “Company”) a fast-growing digital asset mining service and world-leading cloud-mining service pr...
BitFuFu Reports Unaudited Second Quarter 2024 Financial Results
SINGAPORE, Aug. 20, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc., (NASDAQ: FUFU) (“BitFuFu” or the “Company”) a fast-growing digital asset mining service and world-leading cloud-mining service provider, toda...
BitFuFu Inc. to Report Second Quarter 2024 Unaudited Financial Results on August 20, 2024
SINGAPORE, Aug. 13, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a fast-growing digital asset mining service and world-leading cloud-mining service provider, tod...