World-leadingBitcoin Miner and Mining Services Innovator

Advantages

BitFuFu's Core Advantages: Participate in Bitcoin Mining with Minimal Cost and Risk.

Risk Management

Through large-scale operations and professional hedging strategies, we significantly smooth out the impact of Bitcoin price volatility on mining returns.

Cost Reduction

By leveraging global access to low-cost electricity and high-efficiency ASIC miners, we mine Bitcoin at costs far below market price.

Maximum Convenience

Users can mine Bitcoin with one click online. The entire process is automated, with daily mining payouts delivered automatically—no need to manage complex hardware yourself.

Business Model

Cloud Mining Services

Flagship Product

We provide industry-leading stable hashrate. Our core commitment is ensuring long-term, reliable uptime of ASIC miners, so you get continuous Bitcoin mining revenue without worrying about hardware failures or downtime—just reliable, hands-off earnings.

Self-Mining Operations

Core Infrastructure

We mine Bitcoin through owned and co-operated large-scale facilities. This represents our strategic foundation for deep participation in the Bitcoin network and control over core production capacity.

ASIC Acquisition & Hosting Services

End-to-End Solution

We offer priority access to next-generation ASIC miners for partners, plus full lifecycle hosting services from procurement and deployment to racking and daily maintenance. Complete turnkey service from acquisition to maintenance.

BitFuFu History

2025

• FebruaryAcquired majority stake in a 51MW Bitcoin mining facility in Oklahoma.
• JanuaryLaunched new software service BitFuFuOS.

2023

• DecemberLaunched the S21 Miner with Hosting service.
• OctoberIntroduced BTC More.
• JanuaryIntroduced the “FuFu Point” payment system.

2021

• JulyReceived strategic investment from BITMAIN.
• MayLaunched customized private mining services.
• AprilReleased and sold the flagship S19 Pro model via cloud mining.
• MarchFormed a joint operation with ANTPOOL to provide more stable cloud mining services. Established a strategic partnership with BITMAIN.
• FebruaryBITMAIN began providing BitFuFu with mining rig hosting services at its million-load mining farms.

2024

• DecemberSigned a two-year framework purchase agreement with BITMAIN for up to 80,000 miners.
• OctoberSigned to acquire majority stake in our first mining site—an 80MW facility in Ethiopia.
• MarchSuccessfully listed on Nasdaq under the ticker symbol FUFU.

2022

• DecemberReleased the industry's first S19 XP cloud mining service.
• MarchLaunched the user membership system.
• JanuaryAnnounced the SPAC merger plan.

Team Members

• Leo Lu

  CEO

  Leo Lu founded BitFuFu in December 2020 and has served since its inception as Chairman and CEO. He created BITMAIN’s first cloud mining platform and previously served as a Business Director at BITMAIN. Before entering crypto space, Lu was the general manager of information service department of the China Financial Assets Exchange (CFAE.cn).

• Calla Zhao

  CFO

  Calla Zhao serves as the Chief Financial Officer (CFO) of BitFuFu. She assumed the role in May 2024, having previously been the company's financial controller since September 2021. Prior to joining BitFuFu, Ms. Zhao was the Head of Finance at GGG Limited, an investment division of a conglomerate, from 2017 to 2021. Her earlier experience includes six years as an auditor at KPMG from 2005 to 2011. Ms. Zhao is a Certified Public Accountant (CPA) and earned a Bachelor of Arts in Management, majoring in accounting, from Peking University.

Global Business Layout

To meet growing customer demand, BitFuFu continues to strengthen its global hashrate infrastructure. Through self-building, acquisitions, mergers, and joint ventures, the company now manages 26.4 EH/s of hashrate and over 463 MW of hosting capacity. As of February 2025, BitFuFu has secured 164 MW of power capacity and plans to add a 1 GW of secured power capacity by the end of 2026 to accelerate its global mining expansion.