FUFU · BitFuFu Inc.

Summary

BitFuFu Inc. announced unaudited full-year 2025 financial results, with total revenue of $475.8 million, up 2.7% from $463.3 million in 2024, driven by Cloud Mining Solutions and Mining Equipment Sales. Net loss was $57.4 million versus $54.0 million profit in 2024, due to fair value losses on digital assets, with cash and digital assets at $177.1 million.

Key takeaways

• Total revenue $475.8 million, +2.7% from $463.3 million in 2024
• Net loss $57.4 million vs. net profit $54.0 million in 2024
• Cloud Mining Solutions revenue $350.6 million, 73.7% of total, +29.4% YoY
• Adjusted EBITDA $8.3 million (non-GAAP) vs. $117.9 million in 2024
• Cash and digital assets $177.1 million as of December 31, 2025
• Total mining capacity under management 26.1 EH/s as of December 31, 2025