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Why BitFuFu Stock Crept Higher Today

TheMotleyFool

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BitFuFu (NASDAQ: FUFU), a provider of cloud mining services for clients wanting to mine Bitcoin (CRYPTO: BTC) and a miner of the crypto itself, was doing as well as its associated coin on Monday. Bitcoin's rise wasn't the only reason for BitFuFu's stock price improvement (it closed up nearly 3% in price that day), as the company released an operational update that was welcomed by the market.

Before market open that day, BitFuFu published its latest monthly Bitcoin production and mining operations update for September.

Image source: Getty Images.

Source Fool.com

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