Your email has been successfully added to our mailing list.

×
0 0 0 0 -0.025 -0.0208333333333333 -0.0166666666666665 -0.0104166666666666
Stock impact report

This is How BitFuFu Inc. (FUFU) is Shrugging Soft Bitcoin Mining Environment [Yahoo! Finance]

BitFuFu Inc. (FUFU) 
Company Research Source: Yahoo! Finance
The slight drop came as the company's hash rate fell 11% month over month to 26.4 exahash per second, from 29.6 exahash per second in January. This is How BitFuFu Inc. (FUFU) is Shrugging Soft Bitcoin Mining Environment Pixabay/Public Domain As of the end of February, BitFuFu held 1,830 Bitcoins in its treasury, up 34 from January levels. The company also exited February with $40 million in cash and cash equivalents, including stablecoin holdings. BitFuFu also reduced outstanding borrowings on the $100 million line of credit to $15 million from $40 million as of September. According to Chief Executive Officer Leo Lu, they continue to maintain a disciplined approach in hashrate procurement to preserve flexibility. The company's cloud mining business continues to generate positive cash flow, helping it shrug off the softer Bitcoin mining environment. Flexibility across the market is one of the company's key strategies as it explores ways to strengthen its balance sheet. BitFuF Show less Read more
Impact Snapshot
Event Time:
FUFU
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for FUFU alerts
Opt-in for
FUFU alerts

from News Quantified
Opt-in for
FUFU alerts

from News Quantified