Company: FUFU
Filing Date: 2025-01-02
Form Type: 424B3
Source: 0001213900-25-000072
Chunk: 1

Company: Bitfufu Inc.
Filing Date: 2025-01-02
Form: 424B3
Chunk 1
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duly authorized.

| Date: January 2, 2025 | BitFuFu Inc. 
 By:          | /s/ Leo Lu                        |
|:----------------------|:-------------|:----------------------------------|
|                       | Name:        | Leo Lu                            |
|                       | Title:       | Director, Chief Executive Officer |

<div align='center'>2</div>

Exhibit 99.1

<div align='center'>BitFuFu Signs Two-Year Framework Agreement with BITMAIN for 80,000 Miners</div>

SINGAPORE, January 2, 2025 - BitFuFu Inc., (“BitFuFu” or
“the Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced it has
recently signed a two-year framework agreement with BITMAIN, a world-leading digital asset mining hardware manufacturer, to purchase from
BITMAIN up to 80,000 S-series miners (including but not limited to the S21 XP and S21 Pro).

Under the terms of the framework agreement, BitFuFu has the flexibility
to place orders in batches over a two-year period. The machines will be available for BitFuFu’s self-mining operations as well as
to provide mining services to customers including, miner resales, cloud mining, and miner hosting services depending on market conditions
and BitFuFu’s evolving miner capacity requirements.

This agreement includes payment terms, enabling BitFuFu to pay, at
its option, part of the purchase price in shares of BitFuFu as well as the ability to defer part of cash payments interest-free after
delivery of the miners. This financial flexibility ensures efficient management of cash flows and capital while supporting the company’s
growth strategy.

"Our deep strategic partnership with BITMAIN ensures a steady
supply of the latest miners to rapidly expand our mining infrastructure globally with a target of adding 1 GW in capacity by the end of
2026," said Leo Lu, Chairman and CEO of BitFuFu. "The new miners will be utilized to bolster both our self-mining operations
and cloud-mining services, delivering highly cost-effective and energy-efficient solutions. With the flexibility to procure equipment
in batches over the next two years based on operational demands, this agreement further reinforces our position as a leader in the industry."

About BitFuFu Inc.

BitFuFu Inc. is a global leader in Bitcoin mining and comprehensive
mining services, providing customers with one-stop solutions including Cloud mining.