BitFuFu Launches US$5 Million Share Buyback Over 24 Months
FUFU•BitFuFu’s board approved a US$5 million Class A share buyback over 24 months starting June 24, 2026, funded from existing cash. Repurchases may occur via open-market or privately negotiated transactions under Rule 10b-18 as the board reviews terms while expanding global infrastructure and hashrate capacity.
1. Board Approves Share Buyback
On June 22, 2026, BitFuFu’s board authorized a share repurchase program allowing up to US$5 million of Class A ordinary shares to be bought back over a 24-month period beginning June 24, 2026.
2. Execution and Funding Details
Repurchases may be made through open-market purchases, privately negotiated transactions or other means under Rule 10b-18, with timing and amounts contingent on market conditions, legal requirements and prevailing stock prices. The company will use existing cash and cash equivalents to fund repurchases.
3. Strategic Rationale
The board cited confidence in BitFuFu’s long-term prospects, emphasizing disciplined capital allocation and maintaining financial strength to support global infrastructure expansion and hashrate capacity growth while enhancing shareholder value.
