BitFuFu Inc. Reports Unaudited First Quarter 2024 Financial Results

📈 We are incredibly proud to reveal our outstanding results for the first quarter of 2024 at $BitFuFu (FUFU.US)$! Our hosting capacity has surged by 25.5% YoY to reach an impressive 644 MW, while our mining capacity has soared by 52.1% YoY, now standing at 28.6 EH/s. With 321,184 registered cloud-mining users, a 63.5% YoY growth, we’re continuing to expand our global reach. This quarter also saw the generating of 3,199 BTCs, a 22.6% YoY increase, ultimately reiterating our commitment to excellence. Our total revenue witnessed an unprecedented growth of 149% YoY, reaching $144.4 million, while net income surged by an incredible 1216% YoY to $35.3 million.With these achievements top of mind, we remain dedicated to providing secure and transparent blockchain infrastructure, offering intelligent mining solutions to our valued customers worldwide. You can learn more about our results for the quarter here on our IR website