FUFU BitFuFu Inc.
Price Chart
Executive Summary
BitFuFu reported full-year 2025 revenue of $475.8 million, up 2.7% YoY, driven by strong growth in Cloud Mining Solutions and Equipment Sales. However, the company swung to a net loss of $57.4 million from a $54.0 million profit in 2024, primarily due to a $32.8 million fair value loss on digital assets and a $28.8 million impairment on mining equipment amid unfavorable Bitcoin market conditions.
Key Financial Metrics
Actionable Insight
Despite revenue growth, the sharp decline in profitability and asset impairments signal vulnerability to Bitcoin price volatility. Traders should monitor Bitcoin prices and upcoming guidance for signs of margin recovery or further impairments.
Key Facts
- Revenue increased 2.7% YoY to $475.8 million, with Cloud Mining Solutions up 29.4% to $350.6 million.
- Net loss was $57.4 million in 2025 vs. net income of $54.0 million in 2024.
- Adjusted EBITDA collapsed to $8.3 million from $117.9 million in 2024, largely due to non-cash fair value losses.
- Self-Mining revenue plummeted 60% to $63.1 million as hashrate allocation shifted and mining costs surged to $77,573/BTC from $47,496.
- Company holds 1,778 BTC as of year-end, up 3.4%, with combined cash and digital assets at $177.1 million.
Financial Impact
Net loss of $57.4 million and Adjusted EBITDA down 93% to $8.3 million, driven by $32.8M fair value loss and $28.8M equipment impairment.
Risk Factors
- Continued Bitcoin price weakness could trigger additional impairments and fair value losses.
- High cost to mine ($77,573/BTC) threatens self-mining profitability if BTC price remains volatile or declines.
- Reduced hosting capacity (478 MW vs. 551 MW) may constrain future scaling of cloud mining operations.
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3259606 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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May 29, 2026
11d ago
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Press Release
| $1.86 $2.02 | ▼ −8.60% | ▼ −8.90% | $1.75 (+5.91%) |
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May 22, 2026
18d ago
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Press Release
| $2.04 $2.08 | ▲ +1.96% | ▲ +0.28% | $1.75 (−14.22%) |
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Mar 20, 2026
11w ago
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Press Release
| $1.56 $1.89 | ▼ −21.15% | ▼ −23.30% | $1.75 (−12.18%) |
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Mar 13, 2026
12w ago
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Press Release
| $2.44 $1.56 | ▼ −36.07% | ▼ −33.95% | $1.75 (−28.28%) |
US Market Status
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