#BTCMiningPeak BitFuFu Signs Deal With BITMAIN to Acquire 80,000 Miners

BitFuFu has signed a two-year agreement with Bitmain to acquire 80,000 miners, including the S21 XP and S21 Pro.

Nasdaq-listed Bitcoin mining firm BitFuFu Inc. has signed an agreement with BITMAIN, a manufacturer of digital asset mining hardware, to acquire up to 80,000 S-series miners.

With a commission rate starting at 0.4%, this offering is targeted at institutional and retail miners seeking cost-effective solutions.

BitFuFu mined 84 BTC from self-mining operations in November 2024 with a total of 2.4EH/s in mining capacity, according to a recent report.

The firm has disclosed it currently holds 1,664 BTC as part of its disciplined treasury management strategy.

BITMAIN Expands Production to the US

China-based mining hardware manufacturer BITMAIN has also announced the expansion of its production operations to the US citing a strategic goal of improving supply chain efficiency.

This stems from trade tensions between China and the US, emphasizing the need for companies to adapt to geopolitical challenges.