BitFuFu plans to deploy 80,000 Bitcoin mining machines… Signs two-year contract with Bitmain

Nasdaq-listed cloud bitcoin mining platform BitFuFu (FUFU) plans to deploy up to 80,000 mining machines to expand operations.
On the 5th (local time), BitFuFu signed a two-year contract with Bitmain to sell the latest S21 XP and S21
The company announced that it will introduce up to 80,000 S-series mining machines, including the Pro model.
This contract is considered an important turning point for BitFuFu's business expansion. According to the press release, BitFuFu will have the option to purchase mining machines in stages.
This allows BitFuFu to respond flexibly to market conditions and operational needs. The newly introduced hardware will support BitFuFu's own mining business and will
He will help expand the company's service portfolio to include reselling, cloud mining, and hosting services. Leo, Chairman and CEO of BitFuFu
Through this strategic partnership with Bitmain, Lu will be able to receive a stable supply of the latest mining machines, expand his global mining business, and
The company announced plans to secure an additional 1GW of mining capacity by the end of 2026. Meanwhile, after this announcement, BitFuFu's stock price recorded a double-digit increase on January 2nd, before dropping to 5.6 on the 3rd.
It traded for $8.