BitFuFu Awarded Best Technology Solution Provider for Digital Assets – Cloud

Rhea-AI Summary

BitFuFu (NASDAQ: FUFU), a digital asset mining and cloud-mining service provider, has been awarded Best Technology Solution Provider for Digital Assets – Cloud. The prestigious award, which attracted over 620 submissions globally, recognizes innovation in financial services technology. BitFuFu was the only digital asset mining service provider honored, joining previous winners like Seba Bank, Bakkt, and Goldman Sachs. The company's recognition alongside technology and financial leaders like AKBANK and Swissquote highlights its strength in cloud-mining services and commitment to innovation in digital assets.

Positive

• Won prestigious industry award for technology innovation
• Only digital asset mining provider selected among 620 submissions
• Recognition alongside major financial institutions strengthens market position

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• None.

Singapore, Nov. 08, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc., (NASDAQ: FUFU) (“BitFuFu” or the “Company) a fast-growing digital asset mining service and world-leading cloud-mining service provider, today announced that it has been awarded Best Technology Solution Provider for Digital Assets – Cloud. This prestigious annual award recognizes the financial services industry’s most innovative and influential companies, honoring those who set new standards in technology and digital asset management worldwide.

In recent years, this award has been presented to notable industry leaders, such as Seba Bank, Bakkt, and Goldman Sachs, which were recognized in 2023. This year’s highly competitive program attracted over 620 submissions from leading digital asset companies, banks, and financial infrastructure providers around the world.  BitFuFu distinguished itself as the only digital asset mining service provider to receive this honor, joining a lineup of technology and financial giants, including AKBANK and Swissquote, who were also recognized this year. This award also reflects BitFuFu’s strength in cloud-mining services and its commitment to pioneering transformative solutions in the fast-evolving digital assets space.

“We are deeply honored to receive this recognition from The Digital Banker,” said Leo Lu, CEO and Chairman of BitFuFu. “This award is a testament to our team’s hard work and relentless commitment to innovation and excellence in digital asset mining services. We look forward to setting new benchmarks and continuing to deliver exceptional value to our customers and stakeholders.”

As a pioneer in digital asset mining, BitFuFu’s robust and scalable cloud-mining infrastructure serves both institutional and retail customers globally. This award further reinforces BitFuFu’s mission to make digital asset mining more accessible, efficient, and sustainable across international markets.

About BitFuFu Inc.

BitFuFu is a fast-growing digital asset mining service and world-leading cloud-mining service provider. BitFuFu received early investment from Bitmain, a world-leading digital asset mining hardware manufacturer, and remains Bitmain’s sole strategic partner in the cloud mining space.

BitFuFu is dedicated to fostering a secure, compliant, and transparent blockchain infrastructure, providing a variety of stable and intelligent digital asset mining solutions to a global customer base. Leveraging its expanding global mining facility network and strategic partnership with Bitmain, BitFuFu enables institutional customers and digital asset enthusiasts to mine digital assets efficiently. 

For more information, please visit https://ir.bitfufu.com/. 

For investor and media inquiries, please contact: 

Investor Relations
Charley Brady
Vice President, Investor Relations 
ir@bitfufu.com

Christensen Advisory
bff@christensencomms.com

FAQ

What award did BitFuFu (FUFU) receive in November 2024?

BitFuFu received the Best Technology Solution Provider for Digital Assets – Cloud award in November 2024.

How many companies submitted applications for the award won by BitFuFu (FUFU)?

Over 620 companies submitted applications for the award program where BitFuFu was recognized.

Was BitFuFu (FUFU) the only mining company to receive the award?

Yes, BitFuFu was the only digital asset mining service provider to receive this honor.

Which other companies won similar awards alongside BitFuFu (FUFU) in 2024?

AKBANK and Swissquote were among the other companies recognized alongside BitFuFu in 2024.