Company: FUFU
Filing Date: 2025-07-08
Form Type: F-3
Source: 0001213900-25-061902
Chunk: 48

Company: Bitfufu Inc.
Filing Date: 2025-07-08
Form: F-3
Chunk 48
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 claim for refund and timely providing the required information
to the IRS. Each U.S. Holder should consult its own tax advisor regarding the information reporting and backup withholding rules in their
particular circumstances and the availability of and procedures for obtaining an exemption from backup withholding.

Certain U.S. Holders holding
specified foreign financial assets with an aggregate value in excess of the applicable dollar threshold are required to report information
to the IRS relating to Class A Ordinary Shares, subject to certain exceptions (including an exception for Class A Ordinary Shares held
in accounts maintained by U.S. financial institutions), by attaching a complete IRS Form 8938, Statement of Specified Foreign Financial
Assets, with their tax return, for each year in which they hold Class A Ordinary Shares. In addition to these requirements, U.S. Holders
may be required to annually file FinCEN Report 114 (Report of Foreign Bank and Financial Accounts) with the U.S. Department of Treasury.
U.S. Holders who are required to report specified foreign financial assets on IRS Form 8938 and/or foreign bank and financial accounts
on FinCEN Report 114 and fail to do so may be subject to substantial penalties.

The discussion of reporting
obligations set forth above is not intended to constitute an exhaustive description of all reporting obligations that may apply 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.

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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