Company: FUFU
Filing Date: 2025-11-07
Form Type: F-3
Source: 0001213900-25-107483
Chunk: 39

Company: Bitfufu Inc.
Filing Date: 2025-11-07
Form: F-3
Chunk 39
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% or more (by vote or value) of the issued shares of BitFuFu (excluding treasury shares); |

| ● | persons that hold Warrants or other rights to acquire Class A Ordinary Shares; or |

| ● | holders holding Class A Ordinary Shares as a position in a “straddle,” as part of a “synthetic security” or “hedge,” as part of a “conversion transaction,” or other integrated investment or risk reduction transaction; |

As used in this prospectus,
the term “U.S. Holder” means a beneficial owner of Class A Ordinary Shares for U.S. federal income tax purposes:

| ● | an individual who is a citizen or resident of the United States; |

| ● | a corporation (or other entity that is classified as a corporation for U.S. federal income tax purposes) that is created or organized in or under the laws of the United States or any State thereof or the District of Columbia; |

| ● | an estate the income of which is subject to U.S. federal income tax regardless of its source; or |

| ● | a trust (i) if a court within the United States is able to exercise primary supervision over the administration of the trust and one or more U.S. persons have the authority to control all substantial decisions of the trust, or (ii) that has a valid election under the Code to be treated as a U.S. person for U.S. federal income tax purposes. |

If a partnership, including
for this purpose any entity or arrangement that is treated as a partnership for U.S. federal income tax purposes, holds Class A
Ordinary Shares, the U.S. federal income tax treatment of a partner in such partnership will generally depend on the status of the
partner and the activities of the partnership. This discussion does not address the tax consequences to any such partner or partnership.
A holder that is a partnership and the partners in such partnership should consult their own tax advisors with regard to the U.S. federal
income tax consequences of the ownership and disposition of Class A Ordinary Shares.

THIS SUMMARY DOES NOT PURPORT TO BE A COMPREHENSIVE ANALYSIS OR DESCRIPTION OF ALL POTENTIAL U.S. FEDERAL INCOME TAX CONSEQUENCES OF THE OWNERSHIP AND DISPOSITION OF CLASS A ORDINARY SHARES. IN ADDITION, THE U.S. FEDERAL INCOME TAX TREATMENT OF THE BENEFICIAL OWNERS OF CLASS A ORDINARY SHARES MAY BE AFFECTED BY MATTERS NOT DISCUSSED HEREIN AND