Company: FUFU
Filing Date: 2025-06-10
Form Type: 424B5
Source: 0001213900-25-053161
Chunk: 19

Company: Bitfufu Inc.
Filing Date: 2025-06-10
Form: 424B5
Chunk 19
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 of any distribution made by us on the
Class A Ordinary Shares exceeds our current and accumulated earnings and profits for a taxable year (as determined under U.S. federal
income tax principles), the distribution will first be treated as a tax-free return of capital, causing a reduction in the adjusted
basis of the U.S. Holder’s Class A Ordinary Shares, and to the extent the amount of the distribution exceeds the U.S. Holder’s
tax basis, the excess will be taxed as capital gain recognized on a sale or exchange as described below under “—Sale, Exchange, Redemption or Other Taxable Disposition of Class A Ordinary Shares.” However, we may not calculate earnings and
profits in accordance with U.S. federal income tax principles. In such event, a U.S. Holder should expect to generally treat
distributions we make as dividends.

<div align='center'>S-12</div>

Sale, Exchange, Redemption or Other Taxable Disposition of BitFuFu Securities

Subject to the discussion below under “— Passive Foreign Investment Company Status,” a U.S. Holder will generally recognize gain or loss on any sale, exchange, or other
taxable disposition of Class A Ordinary Shares in an amount equal to the difference between the amount realized on the disposition
and such U.S. Holder’s adjusted tax basis in such Class A Ordinary Shares. Any gain or loss recognized by a U.S. Holder
on a taxable disposition of Class A Ordinary Shares will generally be capital gain or loss and will be long-term capital gain
or loss if the holder’s holding period in the Class A Ordinary Shares exceeds one year at the time of the disposition. Preferential
tax rates may apply to long-term capital gains of non-corporate U.S. Holders. The deductibility of capital losses is subject
to limitations. Any gain or loss recognized by a U.S. Holder on the sale or exchange of Class A Ordinary Shares will generally
be treated as U.S. source gain or loss.

Passive Foreign Investment Company Status

Certain adverse U.S. federal income tax consequences could apply
to a U.S. Holder if we, or any of our subsidiaries, is treated as a PFIC for any taxable year during which the U.S. Holder holds
Class A Ordinary Shares. A non-U.S. corporation will be classified as a PFIC for any taxable year (a) if at least 75% of
its gross income in a taxable year, including its pro rata share of the gross income of any entity in