December 23, 2024

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Bitfufu Expands to Africa: Acquires 80MW Bitcoin Mining Facility in Ethiopia

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Bitfufu Expands to Africa: Acquires 80MW Bitcoin Mining Facility in Ethiopia
Bitfufu Expands to Africa: Acquires 80MW Bitcoin Mining Facility in EthiopiaNasdaq-listed cloud mining services company Bitfufu has announced an agreement to acquire a majority stake in an 80-megawatt (MW) Bitcoin mining facility in Ethiopia. This strategic move marks a significant shift for the company as it transitions from an asset-light strategy to managing a diverse portfolio of Bitcoin mining infrastructure. With this acquisition, Bitfufu’s hosting […]