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BitFuFu Announces US$5 Million Share Repurchase Program

  • BitFuFu Inc. board of directors approved a share repurchase program to buy up to US$5 million of Class A ordinary shares.
  • The repurchase period will run for 24 months starting June 24, 2026.
  • The program aims to demonstrate confidence in long-term business prospects & deliver value to shareholders.
  • Repurchases may occur via open market purchases, privately negotiated transactions, or Rule 10b-18 trading plans.
  • Funding for the program will come from the Company's existing cash & cash equivalents.
  • Leo Lu, Chairman & CEO, stated the authorization reflects confidence in fundamentals & commitment to disciplined capital allocation.
  • BitFuFu plans to balance opportunistic share repurchases with continued investment in global infrastructure & hashrate capacity expansion.
  • The program's timing & amount will depend on market conditions, stock prices, trading volume, & regulatory requirements.