BitFuFu reveals that it currently holds 1664 BTC
According to Globenewswire, Bitcoin mining company BitFuFu announced that the company holds 1664 BTC as of today. Leo Lu, Chairman and CEO of BitFuFu said, "We have been perfecting our BTC fund strategy and have a dedicated team managing our BTC assets. We are able to dynamically transfer available hash rates between self-mining and cloud mining, which provides flexibility for BitFuFu to benefit from bull markets and reduce income fluctuations during bear markets."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Swiss Franc declines as US Dollar rises on Fed rate hike bets

South Korean stocks dropped over 1%
"Big short" Michael Burry: The AI bubble may burst "earlier than expected," replacing short positions with put options to increase leverage
Michael Burry suggested that the AI bubble could burst as early as next summer and has replaced all his short positions on Micron, Nebius, SOXX semiconductor ETF, and Palantir with put options to obtain lower cost and higher leveraged short exposure. He believes the AI boom is built on the unproven assumption of "sustained capital expenditure," and once revenues disappoint, capital will quickly flee.
Variational open interest has exceeded $2 billions.