SINGAPORE, July 10, 2025 — BitFuFu Inc. (NASDAQ: FUFU), a leading global Bitcoin miner and innovator in mining services, has reaffirmed its dedication to developing a more sustainable and energy-efficient Bitcoin mining operation. The company emphasized key initiatives that will remain a priority for the rest of 2025.

BitFuFu has demonstrated how sustainable Bitcoin mining can be scaled effectively through strategic acquisitions and infrastructure advancements over the last nine months. This includes utilizing renewable energy sources in specific locations, collaborating with countries that have abundant power capacity, and enhancing miner energy efficiency through advanced software technology.

The company’s ongoing initiatives include:

  • Using hydropower as a renewable energy source: BitFuFu acquired a majority stake in an 80-megawatt (MW) Bitcoin mining facility in Ethiopia, chosen for its renewable energy resources. Ethiopia is a leading example of sustainable energy production globally, relying on hydropower for a significant portion of its electricity.
  • Implementing flared gas mining: Flared gas projects offer an innovative approach to Bitcoin mining by addressing both energy waste and mining profitability. This involves capturing gas that would typically be burned off at oil drilling sites and using it to generate electricity to power Bitcoin mining machines.
  • Utilizing Under- and Overclocking with BitFuFuOS: BitFuFu’s software, BitFuFuOS, launched in January, enables users to select operational modes that best suit their miners’ temperature conditions, power availability, and market conditions. These customizable overclocking and underclocking modes can be adjusted from anywhere globally, allowing users to optimize their miner’s efficiency and performance, reducing energy consumption while increasing returns.

“As part of its global expansion, BitFuFu aimed to make mining cost-effective for our customers from the outset and to improve mining efficiency overall, with a focus on energy mix,” said BitFuFu Founder and CEO Leo Lu. “We prioritize sustainable operations by strongly favoring renewable energy sources. As we build BitFuFu for the long term, we take the continuous sustainability of energy supply in our operations very seriously. We believe that strategic partnerships with mining sites and operations that generate low-cost electricity, or electricity through sustainable energy production like hydropower and flared gas, will make mining accessible to everyone while minimizing its environmental impact.”

BitFuFu aims to secure 1 GW of power by the end of 2026 through acquisitions and greenfield projects. This shift toward owning and operating low-cost facilities will improve cost control, scalability, and operational efficiency in a post-halving environment, thereby reducing Bitcoin mining’s energy footprint. 

About BitFuFu Inc.
BitFuFu Inc. is a leading Bitcoin miner and innovator in mining services. BitFuFu is dedicated to strengthening the global Bitcoin network through its advanced cloud mining platform, rapidly expanding infrastructure, and innovative mining services.

For more information, visit or follow BitFuFu on X @.

Forward-Looking Statements
This press release contains “forward-looking statements” as defined in the United States Private Securities Litigation Reform Act of 1995. These statements can be identified by terms like “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target,” or similar expressions that predict or indicate future events or trends. Forward-looking statements include statements that are not historical facts, such as those about the Company’s beliefs and expectations. These statements are based on various assumptions and the current expectations of BitFuFu’s management and are not guarantees of actual performance. They involve risks, uncertainties, and other factors that could cause BitFuFu’s actual results, activity levels, performance, or achievements to differ significantly from those expressed or implied. While the Company believes it has a reasonable basis for each forward-looking statement in this press release, it cautions that these statements are based on a combination of currently known facts and factors, as well as projections of the future, which are inherently uncertain. All information in this press release is current as of the date of the release, and the Company undertakes no obligation to update this information, except as required by law.

Investor Contact:
BitFuFu Investor Relations

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