BitFuFu (NASDAQ: FUFU) saw a nearly 3% increase in stock price on Monday, partially due to a rise in Bitcoin (CRYPTO: BTC). The company’s monthly update for September showed an increase of 60 Bitcoin in its holdings, totaling 1,959. Despite a decrease in Bitcoin production for the month, CEO Leo Lu stated that their treasury strategy aims to accumulate Bitcoin through mining and purchases. Investors should note that BitFuFu did not make the Motley Fool’s list of 10 best stocks, which have historically shown significant returns.

Read more at Yahoo Finance: Why BitFuFu Stock Crept Higher Today