BitFuFu Reports 2025 Revenue of $476 Million, Cloud Hashrate Revenue Up 29.4% Year-Over-Year
BitFuFu Inc. (Nasdaq: FUFU) reported unaudited financial results for the full year ended December 31, 2025. Total revenue reached $476 million, a 2.7% increase from 2024, driven by growth in cloud mining and mining machine sales.
Cloud mining revenue grew significantly by 29.4% year-over-year to $351 million, supported by increased demand and customer retention, achieving a 100% net dollar retention rate. Mining equipment sales revenue surged 76.1% to $53.7 million. However, the company reported a net loss of $57.4 million, compared to a net profit of $54 million in 2024, primarily due to fair value losses on digital assets and market-driven equipment write-downs. Adjusted EBITDA was $8.32 million.
Operational highlights include a total managed hash rate of 26.1 EH/s, an 11.1% increase from the previous year, and 478 MW of hosted power capacity. The platform’s registered users grew to 675,765. The company and its clients produced approximately 10 Bitcoin per day on average.
Looking ahead to 2026, BitFuFu plans to focus on expanding its cloud mining scale, strengthening power and hash rate resources, improving operational reliability, optimizing capital allocation, and increasing its Bitcoin holdings.
marsbit03/20 11:00