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AUNXF
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AXP and BitFuFu Partner in Power Generation

1. AXP completed a successful gas-to-power trial, achieving ~1.5 MW/hour. 2. Support from BitFuFu for expansion aims to reach 25 MW/hour by 2025.

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Why Bullish?

The successful trial demonstrates operational viability, attracting strategic partnerships in the growing bitcoin sector.

How important is it?

The strategic partnership and expansion plans indicate a positive outlook for AUNXF's operations and revenue.

Why Long Term?

Securing BitFuFu's support and scaling operations suggests strong future growth potential in Bitcoin mining.

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FUFUBTC
Successful completion of 14-day gas-to-power trial at Pathfinder production hub delivers ~1.5 MW/hour of electricity to power two bitcoin mining containers; The 14-day trial delivered ~85% system uptime and, since the end of the trial, the system has achieved greater than 90% uptime; AXP has secured the support of NASDAQ-listed Bitcoin miner BitFuFu, Inc. (NASDAQ: FUFU, FUFU.WS) for the next phase of expansion at Pathfinder; BitFuFu will supply additional ASIC Miners and other equipment to support the next phase of expansion, with AXP focused on delivering gas-to-power and site services; All parties are now committed to establishing power generation output of 25MW/hour by the end of CY2025 for a significant scale up of bitcoin mining operations, powered by Pathfinder's ~750 Bcf of contingent gas resources; The parties are now assessing further expansion opportunities. FLORENCE, CO / ACCESS Newswire / March 18, 2025 / AXP Energy Limited (ASX:AXP)(OTC PINK:AUNXF), (‘AXP', ‘Company') is pleased to report the successful completion of the initial trial of gas-to-power operations at the Pathfinder production hub in Colorado (announced 6 February 2025) that saw the Company deliver 1.5 MW/hour of electricity over 14 days at 85% uptime to support successful bitcoin mining activities.

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