BitFuFu Inc. has announced its ownership of 1,664 bitcoins as of Thursday.

The company is involved in bitcoin mining, offering both self-mining and cloud mining services.

BitFuFu employs a treasury management strategy to manage and grow its bitcoin holdings.

It operates through a combination of self-mining activities and providing cloud mining services to clients.

The company has formed a partnership with Bitmain, a well-known manufacturer of cryptocurrency mining hardware.