BitFuFu Inc. (FUFU)

NASDAQ: FUFU · Real-Time Price · USD
5.26
-0.21 (-3.84%)
At close: Nov 20, 2024, 4:00 PM
5.52
+0.26 (4.94%)
After-hours: Nov 20, 2024, 5:26 PM EST
-3.84%
Market Cap 856.87M
Revenue (ttm) 452.74M
Net Income (ttm) 36.99M
Shares Out 162.90M
EPS (ttm) 0.23
PE Ratio 22.41
Forward PE 32.88
Dividend n/a
Ex-Dividend Date n/a
Volume 120,748
Open 5.55
Previous Close 5.47
Day's Range 5.16 - 5.65
52-Week Range 2.32 - 18.32
Beta 0.12
Analysts Strong Buy
Price Target 7.00 (+33.08%)
Earnings Date Nov 5, 2024

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]

Industry Capital Markets
Sector Financials
Founded 2020
Employees 29
Stock Exchange NASDAQ
Ticker Symbol FUFU
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for FUFU stock is "Strong Buy" and the 12-month stock price forecast is $7.0.

Price Target
$7.0
(33.08% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

6 days ago - GlobeNewsWire

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...

9 days ago - GlobeNewsWire

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...

13 days ago - Seeking Alpha

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...

13 days ago - GlobeNewsWire

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

16 days ago - GlobeNewsWire

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...

22 days ago - GlobeNewsWire

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...

4 weeks ago - GlobeNewsWire

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...

5 weeks ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

BitFuFu Inc. to Participate in the Bitcoin 2024 Conference

SINGAPORE, July 18, 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...

4 months ago - GlobeNewsWire

BitFuFu Inc. to Participate in the BITMAIN World Digital Mining Summit 2024

SINGAPORE, June 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...

5 months ago - GlobeNewsWire

BitFuFu Appoints Chief Financial Officer

SINGAPORE, May 31, 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...

6 months ago - GlobeNewsWire

BitFuFu Inc. Reports Unaudited First Quarter 2024 Financial Results

SINGAPORE, May 20, 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...

6 months ago - GlobeNewsWire

BitFuFu Inc. to Report First Quarter 2024 Unaudited Financial Results on May 20, 2024

SINGAPORE, May 10, 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...

6 months ago - GlobeNewsWire

BitFuFu Files 2023 Annual Report on Form 20-F

SINGAPORE, April 26, 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...

7 months ago - GlobeNewsWire

BitFuFu Inc. Reports Full Year 2023 Financial Results

SINGAPORE, April 11, 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...

8 months ago - GlobeNewsWire

BitFuFu Inc. to Report Full Year 2023 Financial Results on April 11, 2024

SINGAPORE, April 03, 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...

8 months ago - GlobeNewsWire

BitFuFu Completes Business Combination with Arisz Acquisition Corp

NEW YORK and SINGAPORE, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Finfront Holding Company, a fast-growing digital asset mining service and world-leading cloud-mining service provider ("BitFuFu" or the "Compa...

9 months ago - GlobeNewsWire