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Globe Newswire 25-Feb-2025 9:00 AM
SINGAPORE, Feb. 25, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc. ("BitFuFu" or the "Company") (NASDAQ:FUFU), a global leader in Bitcoin mining and comprehensive mining services, announced that its Cloud Mining platform has surpassed 600,000 registered users worldwide.
"This is a remarkable achievement for our Cloud Mining business - we have grown from 500,000 to 600,000 registered users in record time," said Leo Lu, Chairman and CEO of BitFuFu. "It took us over five months to expand from 400,000 to 500,000 registered users by the end of November 2024, but less than three months to grow from 500,000 to 600,000. This rapid growth reflects the appeal of our user-friendly, one-stop-shop Cloud Mining APP and the impact of BitFuFu's global marketing strategy. As Bitcoin mining adoption accelerates worldwide, it will further strengthen the decentralization and security of the Bitcoin blockchain network."
To celebrate this achievement, the BitFuFu Cloud Mining team has launched a special discount coupon campaign for active registered users. The campaign offers tiered discounts based on different levels of cloud mining hashrate purchases. Users of the BitFuFu Cloud mining platform can check the coupons available within their accounts during the effective dates.
To register a Cloud mining account with BitFuFu, please go to: https://www.bitfufu.com/sg.
About BitFuFu Inc.
BitFuFu Inc. is a global leader in Bitcoin mining and comprehensive mining services, providing customers with one-stop solutions including cloud-mining. BitFuFu received early investment from BITMAIN, a world-leading digital asset mining hardware manufacturer, and remains BITMAIN's strategic partner in the Bitcoin mining and mining services space.
BitFuFu is dedicated to fostering a secure, compliant, and transparent blockchain infrastructure, providing a variety of stable and intelligent digital asset mining solutions to a global customer base. Leveraging its expanding global mining facility network and strategic partnership with BITMAIN, BitFuFu enables institutional customers and digital asset enthusiasts to mine digital assets efficiently.
For more information, please visit https://ir.bitfufu.com/.
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of BitFuFu's management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause BitFuFu's actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Although the Company believes that it has a reasonable basis for each forward-looking statement contained in this press release, the Company cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. All information provided in this press release is as of the date of this press release and the Company does not undertake any duty to update such information, except as required under applicable law.
For investor inquiries, please contact:
Charley Brady
Vice President, Investor Relations
charley.b@bitfufu.com
For general inquiries, please contact:
BitFuFu Investor Relations
ir@bitfufu.com
BitFuFu Media Relations
pr@bitfufu.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a7fd636b-27f1-4091-ba36-3601f07af8a6