BitFuFu launches a new ATM stock issuance plan, aiming to raise $150 million.

According to Wu Shu, BitFuFu, a bitcoin mining and cloud mining service provider, has launched a new ATM share issuance plan. BitFuFu entered into ATM sale agreements with B Riley Securities, Cantor Fitzgerald, Northland Securities, and Roth Capital Partners on June 10, according to SEC filings.

This protocol allows BitFuFu to issue and sell Class A common stock periodically through the aforementioned agency, with a fundraising cap planned at $150 million. These stocks will be traded on Nasdaq or other trading markets.

Original link