BitFuFu plans to launch $150 million ATM financing

According to BlockBeats, on June 11th, Bitcoin mining and cloud mining service provider BitFuFu launched a new ATM stock issuance plan, aiming to raise up to $150 million. According to its filing with the SEC, the company signed ATM sales agreements with B Riley Securities, Cantor Fitzgerald, Northland Securities, and Roth Capital Partners on June 10th. According to the agreement, BitFuFu may issue and sell Class A common stock through the above-mentioned agency from time to time as needed, and the stock will be sold on NASDAQ or other trading markets.