Company: FUFU
Filing Date: 2025-06-10
Form Type: 424B5
Source: 0001213900-25-053161
Chunk: 12

Company: Bitfufu Inc.
Filing Date: 2025-06-10
Form: 424B5
Chunk 12
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 per ordinary share, which was the last reported sale price of our common
stock on the Nasdaq Capital Market on June 6, 2025, and after deducting estimated offering commissions and expenses payable by us, our
net tangible book value as of March 31, 2025 would have been approximately $290.5 million, or $1.41 per ordinary share. This represents
an immediate dilution of $2.11 in net tangible book value per ordinary share to purchasers of our ordinary shares in this offering and
an immediate accretion in as-adjusted net tangible book value of approximately $0.52 per ordinary share to our existing shareholders.
See “Dilution” below for a more detailed discussion of the dilution you may incur in connection with this offering.

<div align='center'>S-8

USE OF PROCEEDS</div>

The amount of net proceeds
from this offering will depend upon the number of shares of our Class A Ordinary Shares sold and the market prices at which such shares
are sold. Because there is no minimum offering amount required as a condition of this offering, the actual total public offering amount,
commissions and net proceeds to us, if any, are not determinable at this time. There can be no assurance that we will be able to sell
any shares of our Class A Ordinary Shares under or fully utilize the Sales Agreement as a source of financing.

We intend to use the net proceeds
from the sale of shares of our Class A Ordinary Shares offered by us under this prospectus supplement for general corporate purposes.
General corporate purposes may include additions to working capital, financing of capital expenditures, repayment or redemption of existing
indebtedness, future acquisitions and strategic investment opportunities. Unless we state otherwise in the applicable prospectus supplement,
pending the application of net proceeds, we expect to invest the net proceeds in short- and intermediate-term, interest-bearing obligations,
investment-grade instruments, certificates of deposit or direct or guaranteed obligations of the U.S. government.

The amount and timing of our actual expenditures
will depend on numerous factors, including the factors described under “Risk Factors” in this prospectus supplement,
the accompanying prospectus and the documents incorporated by reference herein and therein. We therefore cannot estimate with certainty
the amount of net proceeds to be used for the purposes described above. While we intend to spend the net proceeds of the offering as stated
above, there may be circumstances where, for sound business reasons, a re-allocation of funds may be necessary or advisable.