Reported about 6 hours ago
H.C. Wainwright analyst Kevin Dede has maintained a Buy rating on BitFuFu Inc. (NASDAQ:FUFU) with a target price of $7.00, due to the company's strong growth potential and strategic market positioning. BitFuFu ranks as one of the top five publicly traded bitcoin miners, achieving a significant hash rate and power output, and is expanding its services with a hybrid model that integrates self-mining with cloud offerings. The company’s upcoming plans, including facility acquisitions and new mining machines, may further enhance its market position.
Source: YAHOO