Publicly Traded Bitcoin Miner Expands BTC Holdings Despite Market Crash

Publicly traded Bitcoin mining giant BitFuFu, based in Singapore, has massively increased its Bitcoin holdings in spite of the current crypto market crash. Bitcoin Treasuries data shows that the Nasdaq-listed mining firm, trading under the ticker FUFU, added 66 BTC to its Bitcoin holdings. This brings the total Bitcoin held by the company to a massive 1,454 BTC. As per Bitcoin Treasuries data, BitFuFu now ranks 38th in the Bitcoin 100 following the recent increase in its Bitcoin holdings. BitFuFu’s increase in Bitcoin holdings comes at a time when the overall cryptocurrency market has been hit by a massive sell-off in the past few days. However, it is worth noting that the rise in Bitcoin holdings by BitFuFu is as of Oct.

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