H.C. Wainwright initiated coverage on BitFuFu with a new price target
$FUFU
Finance: Consumer Services
Finance
H.C. Wainwright initiated coverage of BitFuFu with a rating of Buy and set a new price target of $7.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/6/2024 | $7.00 | Buy | H.C. Wainwright |
SINGAPORE, May 31, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc., ("BitFuFu" or "the Company") (NASDAQ:FUFU), a fast-growing digital asset mining service and world-leading cloud-mining service provider, today announced the appointment of Ms. Calla Zhao as Chief Financial Officer, effective May 29, 2024. Ms. Calla Zhao has served as BitFuFu's financial controller since September 2021. Prior to joining BitFuFu, she served as head of finance at GGG Limited, an investment division of a conglomerate, from 2017 to 2021, and as an auditor at KPMG from 2005 to 2011. Ms. Zhao is a CPA and earned a Bachelor of Arts in Management from Peking University with a major in accounting. Mr. Leo Lu, Chief Executi
424B3 - Bitfufu Inc. (0001921158) (Filer)
6-K - Bitfufu Inc. (0001921158) (Filer)
424B3 - Bitfufu Inc. (0001921158) (Filer)
Shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) fell sharply during Monday's session after the company announced a workforce reduction. SolarEdge disclosed a decision to lay off 400 employees. The company stated that 200 of these job cuts are in Israel. The action involves reducing headcount and discretionary spending across all departments. SolarEdge Technologies shares dipped 12.2% to $27.77 on Monday. Here are some other stocks moving in today’s mid-day session. Gainers Autonomix Medical, Inc. (NASDAQ:AMIX) shares climbed 148% to $1.4850 after the company entered into an agreement with RF Innovations to license intellectual property for its Apex 6 Radiofrequency Gener
H.C. Wainwright initiated coverage of BitFuFu with a rating of Buy and set a new price target of $7.00
SINGAPORE, Nov. 05, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc. (NASDAQ:FUFU) ("BitFuFu" or the "Company), a fast-growing digital asset mining service and world-leading cloud-mining service provider, today reported its unaudited financial and operational results for the quarter ended September 30, 2024. Third Quarter 2024 Operational Highlights Hosting capacity of 556 MW diversified across 17 sites on three continents, compared with 339 MW across 16 sites on two continents during the same period of 2023.Total mining capacity under management increased 88.5% to 26.2 EH/s, compared to 13.9 EH/s during the same period of 2023.Cloud-mining registered users increased 75.3% to 455,764 as of Septembe
SINGAPORE, Oct. 30, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc., ("BitFuFu" or "the Company") (NASDAQ:FUFU), a fast-growing digital asset mining service and world-leading cloud-mining service provider, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2024, before U.S. markets open on November 5, 2024. The Company's management team will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time on Tuesday, November 5, 2024 (9:00 P.M. Singapore Time on the same day). All participants must register in advance of the conference call using the link provided below. Upon registration, each participant will receive a confirmation email
SINGAPORE, Oct. 22, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc., ("BitFuFu" or "the Company") (NASDAQ:FUFU), a fast-growing digital asset mining service and world-leading cloud-mining service provider, today announced it has entered into a definitive agreement to acquire a majority stake in an 80-megawatt (MW) Bitcoin mining facility in Ethiopia. This transaction marks the start of the Company's transition from an asset-light strategy to one that manages a diverse and robust portfolio of Bitcoin mining infrastructure. As of June 30, 2024, BitFuFu's hosting capacity was 522 MW, all of which is hosted by third parties. Upon completion of this transaction, BitFuFu's hosting capacity will surpass
SC 13G - Bitfufu Inc. (0001921158) (Subject)
SC 13D - Bitfufu Inc. (0001921158) (Subject)
SINGAPORE, Nov. 05, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc. (NASDAQ:FUFU) ("BitFuFu" or the "Company), a fast-growing digital asset mining service and world-leading cloud-mining service provider, today reported its unaudited financial and operational results for the quarter ended September 30, 2024. Third Quarter 2024 Operational Highlights Hosting capacity of 556 MW diversified across 17 sites on three continents, compared with 339 MW across 16 sites on two continents during the same period of 2023.Total mining capacity under management increased 88.5% to 26.2 EH/s, compared to 13.9 EH/s during the same period of 2023.Cloud-mining registered users increased 75.3% to 455,764 as of Septembe
SINGAPORE, Oct. 30, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc., ("BitFuFu" or "the Company") (NASDAQ:FUFU), a fast-growing digital asset mining service and world-leading cloud-mining service provider, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2024, before U.S. markets open on November 5, 2024. The Company's management team will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time on Tuesday, November 5, 2024 (9:00 P.M. Singapore Time on the same day). All participants must register in advance of the conference call using the link provided below. Upon registration, each participant will receive a confirmation email
SINGAPORE, Aug. 20, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc., (NASDAQ:FUFU) ("BitFuFu" or the "Company") a fast-growing digital asset mining service and world-leading cloud-mining service provider, today reported its unaudited financial and operational results for the quarter ended June 30, 2024. Second Quarter 2024 Operational Highlights Hosting capacity of 522 MW diversified across 25 sites on three continents, compared with 374 MW across 17 sites on three continents during the same period of 2023.Total mining capacity under management increased 62.5% to 24.7 EH/s, compared to 15.2 EH/S during the same period of 2023.Cloud-mining registered users increased 86.8% to 395,056 as of June 30,