PANews reported on December 5 that according to Globenewswire, Bitcoin mining company BitFuFu announced that the company holds 1,664 BTC as of today. Leo Lu, chairman and CEO of BitFuFu, said, "We have been perfecting our BTC funding strategy and have a dedicated team to manage our BTC assets. We are able to dynamically transfer available hash rate between self-mining and cloud mining, which provides BitFuFu with flexibility to benefit from the bull market and reduce revenue volatility during the bear market."