This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction, where it acts as a key intermediate. Its boronate ester group enables the formation of carbon-carbon bonds, making it valuable in the development of pharmaceuticals and agrochemicals. Additionally, it is employed in the synthesis of complex organic molecules, including bioactive compounds and materials with potential applications in medicinal chemistry. Its structural features, such as the cyclobutane ring and fluorine substitution, contribute to its role in designing molecules with specific biological activities or physical properties.