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BitFuFu launches an ATM program to raise $150 million for the issuance of Class A common stock.
BitFuFu, a bitcoin mining and cloud mining service provider, has launched a new marketplace (ATM) stock offering plan to raise up to $150 million. According to its SEC filings, the company has entered into ATM sale agreements with B Riley Securities, Cantor Fitzgerald, Northland Securities, and Roth Capital Partners on June 10. According to the protocol, BitFuFu may issue and sell Class A common stock periodically through the aforementioned agencies as needed, and the stocks will be sold on Nasdaq or other trading markets.