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Stock impact report

BitFuFu Inc. Reports Full Year 2023 Financial Results

BitFuFu Inc. (FUFU) 
Company Research Source: GlobeNewswire
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, today announced its financial results for the full year ended December 31, 2023. Full Year 2023 Operational Highlights Hosting capacity of 515 MW diversified across 24 sites on three continents as of December 31, 2023, compared with 336 MW across 19 sites on one continent as of December 31, 2022Total mining capacity increased 106.3% to a record 22.9 EH/s as of December 31, 2023, compared to 11.1 EH/S as of December 31, 2022Cloud-mining registered users increased 61.5% to 304,270 as of December 31, 2023 compared to 188,460 as of December 31, 2022Bitcoin (“BTC”) production from self-mining operations increased 26.6% to 3,577 BTCs in 2023, from 2,825 BTCs in 2022BTC production by customers from cloud-mining solutions increased 98.4% to 6,756 BTCs in 2023, from 3,405 BTCs in 2022Cost to mi Show less Read more
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