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BitFuFu: Completed Majority Equity Acquisition of Oklahoma Bitcoin Mines
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17 hours ago 2,914
Golden Finance reported that Nasdaq-listed Bitcoin mining company BitFuFu announced that it has signed a final agreement to acquire the Oklahoma Bitcoin mine. The mine operates at 51MW and has a transaction price of US$400,000/MW. It is owned by BitFuFu assets. Cash and common stocks on the balance sheet are funded, and it is reported that with the deployment of the AntMiner S21 series of mining machines, the average cash cost for mining a bitcoin at the site will be as low as $18,000 (excluding depreciation).
Keywords: Bitcoin
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