Company: FUFU
Filing Date: 2025-11-07
Form Type: F-3
Source: 0001213900-25-107483
Chunk: 9

Company: Bitfufu Inc.
Filing Date: 2025-11-07
Form: F-3
Chunk 9
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 in this prospectus, including our
most recent annual report on Form 20-F filed with the SEC. See “Incorporation of Certain Documents by Reference” in this
prospectus.

Our agent for service of
process in the United States is Cogency Global Inc., which is located at 122 East 42nd Street, 18th Floor, New York, New York 10168.

Summary of Risk Factors

An investment in our securities
involves significant risks. Before making an investment decision, you should carefully consider all of the information in this prospectus,
including the risks and uncertainties described below, the risk factors contained in our most recent annual report on Form 20-F, as well
as any updates to those risk factors in our reports on Form 6-K, in each case incorporated by reference herein, together with all of
the other information appearing or incorporated by reference herein.

Any of these risks could
have a material adverse effect on our business, financial condition and results of operations. In any such case, the market price of
our securities could decline, and you may lose all or part of your investment. Additional risks not presently known to us or that we
currently deem immaterial may also impair our business operations.

Below is a summary of certain
material risks we face, organized under relevant headings. For detailed discussions, see “Risk Factors” in this prospectus
and “Item 3. Key Information—D. Risk Factors” in our most recent annual report on Form 20-F, incorporated herein by
reference.

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Risks Related to Our Business Risks and uncertainties relating to our business include, but are not limited to, the following:

| ● | our limited                                                                                    
 operating history and rapid growth making it difficult to evaluate our business and prospects; |

| ● | our ability to innovate                                                        
 and provide services and products that meet the expectations of our customers; |

| ● | price fluctuations of digital          
 assets, in particular that of Bitcoin; |

| ● | our ability to compete                              
 effectively against current and future competitors; |

| ● | our reliance on a limited                                                                                                          
 number of suppliers to provide us with digital asset mining equipment, hosting facilities, and other products or services critical 
 to our business;                                                                                                                   |

| ● | our customer concentration; 
 and                         |

| ● | risks related to power                                       
 supply, including increases in power costs and power outage. |

Risks Related to Our Operations Ris