Odaily Planet Daily reports that on the fifth anniversary of its founding, BitFuFu Chairman and CEO Leo Lu issued a public letter to users, systematically reviewing the company’s development path and long-term strategy since its establishment in 2020. The letter disclosed that since its inception, BitFuFu has mined nearly 30,000 Bitcoins and maintained stable operations through multiple market cycles. BitFuFu went public on March 1, 2024, on NASDAQ (stock code: FUFU). According to Frost & Sullivan, BitFuFu has grown into the world’s largest cloud computing platform, serving over 640,000 users and achieving annual profitability. To date, the company manages peak computing power exceeding 38EH/s, with a peak power capacity of 752 MW. Its business covers cloud computing, self-mining, hosting, and mining equipment services, with a continuously expanding global user base. Regarding future plans, BitFuFu stated it will gradually shift from a light-asset model to a more flexible vertically integrated model, maintaining platform advantages while strategically deploying its own assets. The company plans to explore self-generated power mining and full-chain energy management, and to promote the integration of cloud computing with real-world assets (RWA) within a compliant framework, while cautiously expanding into new global regions and partnerships.
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