BitFuFu Acquires Data Center to Boost U.S. Mining Operations

An update from BitFuFu ( (FUFU) ) is now available.

On February 20, 2025, BitFuFu Inc., a prominent player in Bitcoin mining, announced the acquisition of a 51-megawatt operational data center in Oklahoma. This strategic move enhances BitFuFu’s efficiency and operational scale, benefiting from low-cost power and competitive electricity costs at the site. The acquisition supports BitFuFu’s Global Capacity Expansion Plan, aiming to boost operational excellence and expand its cloud mining platform. The Oklahoma facility, operational since 2022, is positioned within a crypto-friendly regulatory environment, offering tax incentives and effective energy delivery, thus strengthening its long-term advantages.

More about BitFuFu

BitFuFu Inc. is a global leader in Bitcoin mining and comprehensive mining services, offering solutions such as cloud mining. The company is a strategic partner of BITMAIN, a leading digital asset mining hardware manufacturer, and is committed to providing secure, compliant, and transparent blockchain infrastructure to a global customer base.

YTD Price Performance: -14.29%

Average Trading Volume: 161,565

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $783.6M

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