BitFuFu： Completed acquisition of majority stake in Oklahoma Bitcoin mining site

According to a report by Golden Finance, BitFuFu, a Nasdaq listed Bitcoin mining company, announced that it has signed a final agreement to acquire a 51MW Bitcoin mine in Oklahoma. The mine operates at a scale of $400000/MW and is funded by cash and common stock on BitFuFu's balance sheet. It is reported that with the deployment of AntMiner S21 series mining machines, the average cash cost of mining one Bitcoin at the site will be as low as $18000 (excluding depreciation).