BITFUFU Stock Price, News & Analysis

BitFuFu (NASDAQ: FUFU) reported challenging Q1 2025 financial results, with total revenue declining 46% to $78.0 million from $144.4 million in Q1 2024. The company posted a net loss of $16.9 million, compared to net income of $35.3 million in the same period last year. The decline was primarily attributed to Bitcoin's halving event, increased blockchain network difficulty, and decreased hashrate under management. Cloud-mining solutions contributed 68.8% of revenue, while self-mining operations accounted for 22.5%. Total hashrate decreased 28% to 20.6 EH/s, though cloud-mining registered users grew 89.1% to 607,377. The company's BTC holdings increased 71.2% to 1,835 BTCs, while maintaining $144.3 million in combined cash and digital assets. BitFuFu completed the acquisition of an Oklahoma mining facility, increasing self-owned hashrate to 4.2 EH/s.

BitFuFu (NASDAQ: FUFU) reported strong operational growth in May 2025, with Bitcoin production surging 91.4% month-over-month to 400 BTC. The company achieved record hashrate of 34.1 EH/s, up 20.5% from April, and increased total power capacity by 15% to 651 MW across five continents. Of the 400 BTC mined, 357 came from cloud mining and 43 from self-mining operations. The company strategically sold 178 BTC at an average price of $104,000 during May's all-time high, maintaining 1,709 BTC holdings. BitFuFu's infrastructure includes 4.2 EH/s of self-owned hashrate and 29.9 EH/s from third-party suppliers and hosting customers, with an average fleet efficiency of 19.1 J/TH. The company serves 615,559 registered cloud mining users and continues to expand its operations with S21 series miners.

BitFuFu (NASDAQ: FUFU), a leading Bitcoin miner and mining services innovator, has scheduled the release of its Q1 2025 unaudited financial results for June 5, 2025, before U.S. markets open. The company will host an earnings conference call on the same day at 8:00 A.M. Eastern Time (8:00 P.M. Singapore Time). Interested participants must pre-register for the call, and a live and archived webcast will be available on BitFuFu's investor relations website.

BitFuFu (NASDAQ: FUFU) reported strong operational growth in April 2025. The company's total hashrate under management surged to 28.3 EH/s, marking a 37.4% month-over-month increase, with 4.2 EH/s self-owned and 24.1 EH/s from third parties. Bitcoin holdings reached 1,908 BTC, up 61 BTC from March, while monthly production totaled 209 BTC (173 BTC from cloud mining, 36 BTC from self-mining). The company expanded its power capacity to 566 MW across five continents, an 18.4% monthly increase. BitFuFu's mining services showed robust growth with 612,280 registered cloud mining users, while BitFuFuPool connected 10.9 EH/s and BitFuFuOS optimized 9.7 EH/s of hashrate.

BitFuFu (NASDAQ: FUFU), a leading Bitcoin miner and mining services innovator, has announced its first-time sponsorship of Bitcoin 2025, scheduled for May 27-29, 2025, in Las Vegas. The company's Vice President of Investor Relations, Charley Brady, will deliver a featured speech on "How Virtualized Mining is Reshaping the Bitcoin Landscape" on May 27 at 10:30 AM PDT.

The event, organized by BTC Inc., is expected to attract over 30,000 attendees, 5,000 companies, and 400 speakers. BitFuFu will showcase its global deployment strategy, one-stop mining services, and proprietary technologies at Booth #711, demonstrating its commitment to making Bitcoin mining accessible through efficient, transparent, and secure solutions.

BitFuFu (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024. The report was submitted to the U.S. Securities and Exchange Commission (SEC) on April 21, 2025.

Investors and interested parties can access the annual report through the SEC's website at www.sec.gov or directly via BitFuFu's investor relations website at https://ir.bitfufu.com/.

BitFuFu (NASDAQ: FUFU), a global Bitcoin mining services provider, has released its March 2025 operational updates. The company held 1,847 BTC as of March 31, 2025, showing a 47 BTC increase from February. Monthly production reached 234 BTC, comprising 58 BTC from self-mining and 176 BTC from cloud-mining operations.

The company has successfully energized most of its recently ordered miners (2,000 S21 XP and 4,000 S21+ units), adding 1.1 EH/s of self-owned mining capacity. Total hashrate under management reached 20.6 EH/s, with 4.2 EH/s in self-owned capacity and 16.4 EH/s in cloud-mining and co-hosting. The company manages 478 MW of total hosting capacity and serves 607,377 registered cloud-mining users.

BitFuFu (NASDAQ: FUFU) reported strong financial results for FY2024, with total revenue reaching US$463.3 million, up 63.1% year-over-year. The company's net income surged 414.3% to US$54.0 million, while Adjusted EBITDA increased 181.8% to US$117.5 million.

Revenue from cloud-mining solutions grew 52.2% to US$271.0 million, while Bitcoin self-mining operations revenue increased 57.2% to US$157.5 million. The company's hosting capacity reached 551 MW, with total mining capacity at 23.5 EH/s. Registered cloud-mining users nearly doubled to 591,751.

However, Bitcoin production metrics showed some decline: self-mining BTC production decreased 29.1% to 2,537 BTCs, while customer cloud-mining production fell 26.8% to 4,947 BTCs. The cost to mine per BTC increased to US$47,496 from US$28,200 in 2023.

The company's cash and digital assets position strengthened to US$175.1 million, up 130.4% from the previous year. BitFuFu aims to reach approximately 33 EH/s mining capacity and 650-800 MW hosting capacity by end-2025.

BitFuFu (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, has scheduled the release of its full year 2024 financial results for March 25, 2025, before U.S. markets open.

The company will host an earnings conference call on Tuesday, March 25, 2025, at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Singapore Time). Participants must pre-register for the call to receive dial-in numbers and a unique access PIN. A live and archived webcast will be available on BitFuFu's investor relations website.