Company: FUFU
Filing Date: 2025-11-07
Form Type: F-3
Source: 0001213900-25-107483
Chunk: 15

Company: Bitfufu Inc.
Filing Date: 2025-11-07
Form: F-3
Chunk 15
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 or exercise their
securities and sell the Class A Ordinary Shares they receive, the trading price of our Class A Ordinary Shares may decrease due to the
additional amount of Class A Ordinary Shares available in the market.

Future sales, or the perception of future sales, of our Class A Ordinary Shares by existing shareholders could adversely affect prevailing market prices for our Class A Ordinary Shares.

Sales of a large number
of our Class A Ordinary Shares in the public markets, or the potential for such sales, could decrease the trading price of our Class
A Ordinary Shares. If any significant shareholder decides to liquidate all or a significant portion of the Class A Ordinary Shares held,
it could adversely affect the price of our Class A Ordinary Shares. Our Class A Ordinary Shares may be sold into the market from time
to time, and we cannot predict the effect, if any, such sales of our Class A Ordinary Shares may have on the market price of our Class
A Ordinary Shares, including the Class A Ordinary Shares being offered hereby.

The market price of our Class A Ordinary Shares may be volatile and could decline substantially.

The market price of our
Class A Ordinary Shares may be volatile, both because of actual and perceived changes in our financial results and prospects, and because
of general volatility in the stock market. The factors that could cause fluctuations in our share price may include, among other factors
discussed in this section, the following:

| ● | actual or anticipated variations                                                                                
 in the financial results and prospects of the company or other companies in the digital asset-related industry; |

| ● | changes in economic and      
 financial market conditions; |

| ● | changes in the market valuations                          
 of other companies in the digital asset-related industry; |

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| ● | announcements by us or                                                                                            
 our competitors of new services, expansions, investments, acquisitions, strategic partnerships or joint ventures; |

| ● | mergers or other business  
 combinations involving us; |

| ● | additions and departures                
 of key personnel and senior management; |

| ● | changes in accounting principles; |

| ● | the passage of legislation                          
 or other developments affecting us or our industry; |

| ● | the trading volume of the                     
 Class A Ordinary Shares in the public market; |

| ● | the release of lockup,                                                                                               
 escrow or other transfer restrictions on our outstanding equity securities or sales of additional equity securities; |

| ● | potential litigation or    
 regulatory investigations; |

| ● | changes in financial estimates