BitFuFu (FUFU) has released an update.
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BitFuFu, a leading digital asset mining service provider, has secured a $100 million credit line from Antpool Technologies. This funding will be used for general corporate purposes, including mergers and acquisitions and hosting fees to maintain Bitcoin holdings. The loan carries a 6.5% annual interest rate and will be secured by BitFuFu’s Bitcoin assets.
For further insights into FUFU stock, check out TipRanks’ Stock Analysis page.