Company: FUFU
Filing Date: 2025-03-13
Form Type: 424B3
Source: 0001213900-25-023693
Chunk: 63

Company: Bitfufu Inc.
Filing Date: 2025-03-13
Form: 424B3
Chunk 63
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 U.S. Holder that are greater than 125% of the
average annual distributions received by such U.S. Holder in respect of the Class A Ordinary Shares during the three preceding
taxable years of such U.S. Holder or, if shorter, such U.S. Holder’s holding period for such ordinary shares).

Under these rules:

| ● | the                                                                                        
 U.S. Holder’s gain or excess distribution will be allocated ratably over the U.S. Holder’s 
 holding period for Class A Ordinary Shares;                                                |

| ● | the                                                                                        
 amount allocated to the U.S. Holder’s taxable year in which the U.S. holder                
 recognized gain or received the excess distribution, or to the period in the U.S. Holder’s 
 holding period before the first day of our first taxable year in which we are a PFIC,      
 will be taxed as ordinary income;                                                          |

| ● | the                                                                                         
 amount allocated to other taxable years (or portions thereof) of the U.S. Holder            
 and included in its holding period will be taxed at the highest tax rate in effect for that 
 year and applicable to the U.S. Holder; and                                                 |

| ● | the                                                                                        
 interest charge generally applicable to underpayments of tax will be imposed in respect of 
 the tax attributable to each such other taxable year of the U.S. Holder.                   |

Although a determination
as to our PFIC status will be made annually, an initial determination that we are a PFIC will generally apply for subsequent years
to a U.S. Holder who held Class A Ordinary Shares while we were a PFIC, whether or not we meet the test for PFIC status in
those subsequent years.

<div align='center'>28</div>

If a U.S. Holder, at
the close of its taxable year, owns shares in a PFIC that are treated as marketable stock, the U.S. Holder may make a mark-to-market election
with respect to such shares for such taxable year. If the U.S. Holder makes a valid mark-to-market election for the first taxable
year of the U.S. Holder in which the U.S. Holder holds (or is deemed to hold) Class A Ordinary Shares and for which we
are determined to be a PFIC, such holder generally will not be subject to the PFIC rules described above in respect to its Class A
Ordinary Shares as long as such shares continue to be treated as marketable stock. Instead, in general, the U.S. Holder will