BitFuFu Inc. reported preliminary unaudited 2025 results showing modest revenue growth but a sharp drop in profitability. Total revenue rose 2.7% to $475.8 million, driven mainly by Cloud Mining Solutions, where revenue increased 29.4% to $350.6 million and reached 73.7% of total revenue.
Revenue from Self-Mining Operations fell to $63.1 million from $157.5 million as BitFuFu shifted hashrate toward cloud mining and faced a 52.1% decline in Bitcoin daily earnings per terahash, partly offset by a 54.2% increase in average Bitcoin price. Net results swung to a $57.4 million loss from $54.0 million income in 2024, largely due to a $32.8 million fair value loss on digital assets and related receivables versus a large prior-year gain, plus higher impairment on mining equipment. Adjusted EBITDA dropped to $8.3 million from $117.9 million. BitFuFu ended 2025 with $177.1 million in combined cash and digital assets and total mining capacity under management of 26.1 EH/s; these figures remain subject to final closing adjustments.
BitFuFu Inc. reported unaudited Bitcoin production and key operating metrics for February 2026. The company produced 227 BTC in the month, with average daily production of 8.1 BTC. Cloud-mining contributed 190 BTC while self-mining accounted for 37 BTC.
As of February 28, 2026, BitFuFu held 1,830 BTC and approximately $40 million in cash and cash equivalents, and remained in a net cash position. The company’s total hashrate was 26.4 EH/s, including 3.6 EH/s of self-owned hashrate and 22.8 EH/s from third-party suppliers and hosting customers. Borrowings on its $100 million line of credit were reduced to $15 million, and long-term accounts payable stood at approximately $94 million.
BitFuFu Inc. reported unaudited Bitcoin production and operating metrics for January 2026, showing growth in both output and capacity. The company produced 229 BTC in January, up from 188 BTC in December, with 46 BTC from self-mining and 183 BTC from cloud mining.
Bitcoin holdings increased slightly to 1,796 BTC as of January 31, 2026, compared with 1,780 BTC a month earlier. Total hashrate rose to 29.6 EH/s from 26.1 EH/s, driven by hashpower from third-party suppliers and hosting customers, while average fleet efficiency improved to 17.5 J/TH. Power capacity expanded to 520 MW, reflecting ongoing infrastructure growth.