Company: FUFU
Filing Date: 2025-04-21
Form Type: F-3/A
Source: 0001213900-25-033745
Chunk: 36

Company: Bitfufu Inc.
Filing Date: 2025-04-21
Form: F-3/A
Chunk 36
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 converted, a new debt security will be issued for the remaining
debt security.

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DESCRIPTION OF SUBSCRIPTION RIGHTS</div>

The following summary of certain
provisions of the subscription rights does not purport to be complete and is subject to, and qualified in its entirety by reference to,
the provisions of the certificate evidencing the subscription rights that will be filed with the SEC in connection with the offering of
such subscription rights.

General

We may issue subscription rights to purchase Class A Ordinary Shares
or other securities offered hereby. Subscription rights may be issued independently or together with any other offered security and may
or may not be transferable by the person purchasing or receiving the subscription rights. In connection with any subscription rights offering
to our shareholders, we may enter into a standby underwriting arrangement with one or more underwriters pursuant to which such underwriters
will purchase any offered securities remaining unsubscribed for after such subscription rights offering. In connection with a subscription
rights offering to our shareholders, we will distribute certificates evidencing the subscription rights and a prospectus supplement to
our shareholders on the record date that we set for receiving subscription rights in such subscription rights offering.

The applicable prospectus supplement
will describe the following terms of subscription rights in respect of which this prospectus is being delivered:

| ● | the title of such subscription rights; |

| ● | the securities for which such subscription rights are exercisable; |

| ● | the exercise price for such subscription rights; |

| ● | the number of such subscription rights issued to each shareholder; |

| ● | the extent to which such subscription rights are transferable; |

| ● | if applicable, a discussion of the material Cayman Islands                                                             
 or United States federal income tax considerations applicable to the issuance or exercise of such subscription rights; |

| ● | the date on which the right to exercise such subscription                                         
 rights shall commence, and the date on which such rights shall expire (subject to any extension); |

| ● | the extent to which such subscription rights include an over-subscription 
 privilege with respect to unsubscribed securities;                        |

| ● | if applicable, the material terms of any standby underwriting                                                 
 or other purchase arrangement that we may enter into in connection with the subscription rights offering; and |

| ● | any other terms of such subscription rights, including terms,                                 
 procedures and limitations relating to the exchange and exercise of such subscription rights. |

Exercise of Subscription Rights

Each subscription right will
entitle the holder of the