Jane Street Group LLC Purchases 1,984 Shares of BitFuFu Inc. (NASDAQ:FUFU)

Jane Street Group LLC boosted its holdings in BitFuFu Inc. (NASDAQ:FUFU) by 14.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 16,153 shares of the company’s stock after purchasing an additional 1,984 shares during the period. Jane Street Group LLC’s holdings in BitFuFu were worth $65,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Wellington Management Group LLP bought a new stake in shares of BitFuFu during the third quarter valued at approximately $110,000. 37.26% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

BitFuFu Stock Up 1.0 %

Shares of NASDAQ:FUFU opened at $5.27 on Thursday. BitFuFu Inc. has a twelve month low of $2.32 and a twelve month high of $18.32. The business has a fifty day moving average of $5.32 and a 200-day moving average of $4.79. The company has a debt-to-equity ratio of 0.88, a quick ratio of 4.09 and a current ratio of 4.09.

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.