Bitfufu Inc. (FUFU) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: April 28, 2026

Risk Assessment Details

Potential Dilution: 6.0% of current shares
Recent Dilution: 484.45% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
32M
Potential Supply
1.9M
Additional shares possible
Splits
None
Past 2 years

Summary

FUFU currently has 31.6M outstanding shares. with limited dilution risk as only 1.9M additional shares (6.0%) are authorized for issuance. The company has significantly diluted shareholders by 484.45% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Apr 28, 2026

20-F filing | 31.6M shares outstanding

32M 1.9M
Nov 07, 2025

F-3 filing: This F-3 filing describes an offering of Class A Ordinary Shares by a selling shareholder.

31M 1.9M
Jul 08, 2025

F-3 filing: This F-3 filing relates to the offering of Class A ordinary shares by selling shareholders.

160M 890K
Apr 21, 2025

20-F filing | 28.1M shares outstanding

28M 0
Apr 03, 2025

F-3 filing: The company intends to offer and sell up to $300,000,000 of Class A Ordinary Shares, preferred shares, warrants to purchase Class A Ordinary Shares, debt securities, subscription rights and a combination of such securities.

28M 0
Mar 05, 2025

POS AM filing: This is a POS AM filing describing the terms of the offering of Class A Ordinary Shares of BitFuFu Inc., including shares issuable upon the exercise of warrants and unit purchase options, as well as shares offered by selling shareholders.

28M 0
Apr 25, 2024

20-F filing | 27.9M shares outstanding

28M 30M
Mar 25, 2024

F-1 filing: This is an F-1 filing for BitFuFu Inc. which includes the issuance of Class A Ordinary Shares upon exercise of warrants and unit purchase options, as well as resale of Class A Ordinary Shares by selling shareholders.

28M 30M
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