October 15th 2026, 10:18 AM
BitFuFu and Finloop Launch BTC-Denominated Hashrate Token with Blockchain Transparency
Key Summary
Singaporean Bitcoin mining company BitFuFu has partnered with Finloop to launch Hashrate Token, a BTC-denominated on-chain note tied to mining output. The token offers transparency and a new revenue stream for investors, while also exposing them to mining performance risk. The company's hashrate under management reached 20.6 EH/s in August, and the token will be deployed on two blockchains, Ethereum and Solana.
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How the HASH note works
BitFuFu offers hashrate as a service, and noteholders receive payouts drawn from newly mined Bitcoin.Company Background
BitFuFu Inc. (NASDAQ: FUFU) is a Singaporean Bitcoin mining company.Partnership with Finloop
BitFuFu has partnered with Finloop to introduce the Hashrate Token.Token Details
The HASH note is a BTC-denominated on-chain note.Deployment
The token will be deployed on two blockchains, Ethereum and Solana.Payout Structure
Returns are prorated based on how long an investor actually holds the note.Regulatory Environment
HASH is limited to eligible investors who meet jurisdictional, KYC/AML and regulatory requirements.Financials
BitFuFu recorded a net loss of $20.5 million in the second quarter, triggered by unfavorable market conditions stemming from a declining Bitcoin price.The launch of HASH offers transparency and a new revenue stream for investors, while also exposing them to mining performance risk.
Future Plans
Finloop supplies the plumbing for the issuance infrastructure, along with token lifecycle and investor management tools.Conclusion
The launch of HASH is a significant development for the Bitcoin mining industry, offering investors a new way to participate in the mining process.#Bitcoin#Singapore#Blockchain#Finloop