Company: FUFU
Filing Date: 2025-11-07
Form Type: F-3
Source: 0001213900-25-107483
Chunk: 49

Company: Bitfufu Inc.
Filing Date: 2025-11-07
Form: F-3
Chunk 49
---
 to a U.S.
Holder. A failure to satisfy certain reporting obligations may result in an extension of the period during which the IRS can assess a
tax, and under certain circumstances, such an extension may apply to assessments of amounts unrelated to any unsatisfied reporting obligation.
Penalties for failure to comply with these reporting obligations are substantial. U.S. Holders should consult with their own tax advisors
regarding their reporting obligations relating to their ownership of Class A Ordinary Shares, including the requirement to file an IRS
Form 8938.

Cayman Islands Tax Considerations

The following summary contains
a description of certain Cayman Islands income tax consequences of the acquisition, ownership and disposition of ordinary shares, but
it does not purport to be a comprehensive description of all the tax considerations that may be relevant to a decision to purchase ordinary
shares. The summary is based upon the tax laws of Cayman Islands and regulations thereunder as of the date hereof, which are subject to
change.

Prospective investors should
consult their professional advisers on the possible tax consequences of buying, holding or selling any shares under the laws of their
country of citizenship, residence or domicile.

The following is a discussion
on certain Cayman Islands income tax consequences of an investment in the Class A Ordinary Shares. The discussion is a general summary
of present law, which is subject to prospective and retroactive change. It is not intended as tax advice, does not consider any investor’s
particular circumstances, and does not consider tax consequences other than those arising under Cayman Islands law.

Under Existing Cayman Islands Laws

Payments of dividends and
capital in respect of our securities will not be subject to taxation in the Cayman Islands and no withholding will be required on the
payment of interest and principal or a dividend or capital to any holder of Class A Ordinary Shares, nor will gains derived from the disposal
of the Class A Ordinary Shares be subject to Cayman Islands income or corporation tax. The Cayman Islands currently have no income, corporation
or capital gains tax and no estate duty, inheritance tax or gift tax.

No stamp duty is payable
in respect of the issue of our securities or on an instrument of transfer in respect of our securities, except for stamp duties which
may be applicable on instruments executed in, or, after execution, brought within the jurisdiction of the Cayman Islands.

The Cayman Islands currently
levies no taxes on individuals or corporations based upon profits, income, gains or appreciations and there is no taxation in the