February 20, 2025
By Our Correspondent
BitFuFu Inc., a global leader in Bitcoin mining and comprehensive mining services, has been added to Grayscale’s new Bitcoin Mining ETF, MNRS, trading on NYSE Arca.
The MNRS ETF, which tracks the Indxx Bitcoin Miners Index, offers investors targeted exposure to the world of Bitcoin mining through a passive, rules-based management approach. BitFuFu joins other industry leaders on the ETF including Marathon Holdings (MARA), Riot Platforms (RIOT), and Core Scientific (CORZ).
BitFuFu specializes in both Bitcoin mining and providing mining services. As of January 31, 2025, the company held 1,742 BTC, making it the publicly traded mining company with the largest Bitcoin holdings in Asia.
In addition to its mining operations, BitFuFu offers a full range of services, including mining machine leasing, hosting, transportation, site management, mining pools, and firmware solutions, with a global user base nearing 600,000. In the first three quarters of 2024, the Company generated $364 million in revenue, outpacing many of its U.S.-listed counterparts.
This milestone showcases the recognition of BitFuFu by professional index funds and lays the groundwork for unlocking new growth opportunities in the evolving digital asset landscape.
With a clear focus on innovation, BitFuFu is well-positioned to drive further advancements in sustainable and scalable mining solutions, delivering enhanced value for its users and investors.
