Company: FUFU
Filing Date: 2025-11-07
Form Type: F-3
Source: 0001213900-25-107483
Chunk: 38

Company: Bitfufu Inc.
Filing Date: 2025-11-07
Form: F-3
Chunk 38
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 date hereof. Any of the authorities on which this summary is based could be changed in
a material and adverse manner at any time, and any such change could be applied on a retroactive or prospective basis which could affect
the U.S. federal income tax considerations described in this summary. This discussion does not address the U.S. federal 3.8% Medicare
tax imposed on certain net investment income or any aspects of U.S. federal taxation other than those pertaining to the income tax,
nor does it address any tax consequences arising under any U.S. state and local, or non-U.S. tax laws. U.S. Holders should consult
their own tax advisors regarding such tax consequences in light of their particular circumstances.

This summary is limited to
considerations relevant to U.S. Holders that hold Class A Ordinary Shares as “capital assets” within the meaning
of section 1221 of the Code (generally, property held for investment). This discussion does not address all aspects of U.S. federal
income taxation that may be important to holders in light of their individual circumstances, including holders subject to special treatment
under the U.S. tax laws, such as, for example:

| ● | banks or other financial institutions, underwriters, or insurance companies; |

| ● | brokers or dealers in securities or currencies or holders that are traders in securities who elect to apply a mark-to-market method of accounting; |

| ● | real estate investment trusts and regulated investment companies; |

| ● | tax-exempt organizations, qualified retirement plans, individual retirement accounts, or other tax-deferred accounts; |

| ● | expatriates or former citizens or long-term residents of the United States; |

| ● | subchapter S corporations, partnerships or other pass-through entities or investors in such entities; |

| ● | any holder that is not a U.S. Holder; |

| ● | holders of Class B Ordinary Shares; |

| ● | dealers or traders in securities, commodities or currencies; |

| ● | grantor trusts; |

| ● | persons subject to the alternative minimum tax; |

| ● | U.S. persons whose “functional currency” is not the U.S. dollar; |

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| ● | persons who received shares of Class A Ordinary Shares through the issuance of restricted stock under an equity incentive plan or through a tax-qualified retirement plan or otherwise as compensation; |

| ● | persons who own (directly or through attribution) 10