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BitFuFu 2025 Financial Report: Total Revenue of $476 Million, Net Loss of $57.4 Million

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On March 20, Nasdaq-listed Bitcoin miner BitFuFu released its full-year 2025 financial results. 2025 total revenue reached $475.8 million, up 2.7% from $463.3 million in 2024. However, the company posted a net loss of $57.4 million for the year, versus a net profit of $54 million in 2024. The loss stemmed primarily from fair value changes in digital assets and accounts receivable, plus equipment impairment tied to market conditions. Operationally, BitFuFu’s 2025 cloud mining revenue totaled $350.6 million, a 29.4% year-over-year (YoY) increase. Its self-mining revenue fell to $63.1 million. As of Dec. 31, 2025, total mining capacity rose 11.1% YoY to 26.1 EH/s, while Bitcoin holdings climbed to 1,778 coins. Average self-mining production costs hit $77,573 per BTC in 2025, up from $47,496 per BTC in 2024. By year-end 2025, the company’s total cash, cash equivalents and digital assets stood at roughly $177 million.
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