News Image

BitFuFu Secures $100 Million Credit Line From Antpool Technologies

Provided By GlobeNewswire

Last update: Nov 12, 2024

Singapore, Nov. 12, 2024 (GLOBE NEWSWIRE) -- BitFuFu, Inc.. (NASDAQ: FUFU, FUFU.WS) (“BitFuFu” or the “Company”), a fast-growing digital asset mining service and world-leading cloud-mining service provider, today announced that its wholly owned subsidiary has entered into a two-year Master Loan Agreement (“MLA”) with Antpool Technologies, granting the Company access up to $100 million in capital. Funds drawn under the MLA will be used for general corporate purposes, including potential M&A opportunities and covering hosting fees to retain Bitcoin holdings and capitalize on potential price appreciation. 

Read more at globenewswire.com

BITFUFU INC-A

NASDAQ:FUFU (3/7/2025, 8:00:01 PM)

4.73

-0.06 (-1.25%)



Find more stocks in the Stock Screener

Follow ChartMill for more