PANews reported on June 11 that Bitcoin and cloud mining platform BitFuFu (NASDAQ: FUFU) announced the launch of a maximum of $150 million in ATM stock financing plans, commissioning B. Riley, Cantor Fitzgerald and others to underwrite. The plan was launched against the backdrop of increasing financial pressure on global miners due to the increase in Bitcoin mining difficulty and the decline in on-chain fees. Compared with the fundraising boom of more than $1 billion in a single quarter in 2024, the fundraising of US-listed mining companies in Q1 2025 has fallen to about $600 million.
BitFuFu plans to raise $150 million through ATM program to cope with the tightening financing environment for mining companies
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Author: PA一线
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