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18 Feb 2025

BitFuFu expands U.S. Bitcoin mining presence with 51MW Oklahoma facility acquisition

BitFuFu expands U.S. Bitcoin mining presence with 51MW Oklahoma facility acquisitionBitFuFu Vice President of Investor Relations Charley Brady joined Steve Darling from Proactive to discuss the company’s North American expansion and its latest acquisition plans. BitFuFu has signed a letter of intent to acquire a majority stake in a 51-megawatt (MW) Bitcoin mining facility in Oklahoma. Strategically located in an unpopulated area, the fully constructed facility boasts a reliable power supply with an average electricity cost of just 3 cents per kilowatt-hour. The site operates air-cooled Bitcoin miners, delivering high hashrate efficiency to optimize performance and profitability. Brady highlighted that this acquisition aligns with BitFuFu’s goal to expand its global power capacity to 1GW, reinforcing its position as a leader in Bitcoin mining by securing long-term, l

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