XTX Topco Ltd Makes New Investment in BitFuFu Inc. (NASDAQ:FUFU)

XTX Topco Ltd purchased a new position in BitFuFu Inc. (NASDAQ:FUFU) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 26,439 shares of the company’s stock, valued at approximately $107,000.

Separately, Jane Street Group LLC raised its stake in BitFuFu by 14.0% in the 3rd quarter. Jane Street Group LLC now owns 16,153 shares of the company’s stock worth $65,000 after acquiring an additional 1,984 shares during the last quarter. Institutional investors own 37.26% of the company’s stock.

BitFuFu Trading Down 4.7 %

Shares of NASDAQ:FUFU opened at $4.84 on Friday. BitFuFu Inc. has a twelve month low of $2.32 and a twelve month high of $18.32. The company has a current ratio of 4.09, a quick ratio of 4.09 and a debt-to-equity ratio of 0.88. The company’s 50 day moving average is $5.12 and its 200 day moving average is $4.67.

Wall Street Analyst Weigh In

Separately, HC Wainwright reiterated a “buy” rating and set a $7.00 price target on shares of BitFuFu in a research note on Monday, December 9th.

About BitFuFu

BitFuFu Inc provides digital asset mining and cloud-mining services in Singapore. It also offers miner rental, and miner hosting and sales services to institutional customers and individual digital asset enthusiasts. The company is based in Singapore, Singapore.