FUFU on Nasdaq

Bitfufu Inc.

Price unavailable

Last updated Oct 16, 2026.

Overview

$477.5MRevenue, fiscal 20252
-$31.3MNet income, fiscal 20252

Compare with Strategy, Resolute Holdings Management, Inc or CONSUMER PORTFOLIO SERVICES, INC., or pick any stock.

  • TickerFUFU on Nasdaq
  • IndustryFinance Services
  • HeadquartersE9
  • Incorporated inCayman Islands3
  • Business address7 Temasek Boulevard, Suntec Tower 1, #11-01, Singapore, 0389873
  • Filer categoryAccelerated filer, Emerging growth company3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

6.1%Gross margin2
-5.0%Operating margin2
-6.5%Net margin2
3.1%Revenue growth, 20252
-20.9%Return on equity2

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Revenue Recognized In Digital Assets Payment brought in 50% of the revenue Bitfufu Inc. broke down this way in fiscal 2025.

  1. Revenue Recognized In Digital Assets Payment$474.3M250%up 9% from 2024
  2. Cloud Mining Solutions$352.6M237%up 30% from 2024
  3. Selfmining Revenue$63.1M27%down 60% from 2024
  4. Sale Of Mining Equipment$53.7M26%up 76% from 2024
  5. Hosting Services And Others$8.1M21%up 88% from 2024
  6. Revenue Recognized In USDollars Payment$3.3M20%down 89% from 2024
Products and services by year
Products and services202320242025
Revenue Recognized In Digital Assets Payment$284.1M$434.6M$474.3M
Cloud Mining Solutions$178.0M$271.0M$352.6M
Selfmining Revenue$100.2M$157.5M$63.1M
Sale Of Mining Equipment$30.5M$53.7M
Hosting Services And Others$5.9M$4.3M$8.1M
Revenue Recognized In USDollars Payment$28.7M$3.3M

Regions

Africa brought in 38% of the revenue Bitfufu Inc. broke down this way in fiscal 2025.

  1. Africa$158.6M238%up 1790% from 2024
  2. Asia$108.3M226%up 18% from 2024
  3. Oceania$75.8M218%up 874% from 2024
  4. North America$64.4M216%down 59% from 2024
  5. Others$4.4M21%up 495% from 2024
  6. Europe$2.9M21%down 93% from 2024
Regions by year
Regions202320242025
Africa$3.2M$8.4M$158.6M
Asia$31.1M$91.9M$108.3M
Oceania$1.9M$7.8M$75.8M
North America$99.0M$155.7M$64.4M
Others$1.2M$746.0K$4.4M
Europe$47.4M$41.3M$2.9M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue94¢$448.6M
  • Research and development1¢$2.5M
  • Other costs3¢$15.9M
  • Interest2¢$8.6M
  • Income tax0¢$1.9M

Out of $477.5M in revenue.2 The company lost money this year.

Financial statements

Revenue452$477.5M in 2025+363% since 2021
0$200.0M$400.0M$600.0M2021: $103.0M$103.0M20212022: $198.2M$198.2M2022+92%2023: $284.1M$284.1M2023+43%2024: $463.3M$463.3M2024+63%2025: $477.5M$477.5M2025+3%
Gross profit452$28.9M in 2025+220% since 2021
0$10.0M$20.0M$30.0M$40.0M2021: $9.0M$9.0M20212022: $36.2M$36.2M2022+301%2023: $12.7M$12.7M2023−65%2024: $29.7M$29.7M2024+134%2025: $28.9M$28.9M2025−3%
Operating income452-$23.8M in 2025
-$25.0M0$25.0M$50.0M$75.0M2021: $5.8M$5.8M20212022: $3.9M$3.9M2022−33%2023: $16.6M$16.6M2023+325%2024: $66.2M$66.2M2024+299%2025: -$23.8M-$23.8M2025
Net income452-$31.3M in 2025
-$50.0M-$25.0M0$25.0M$50.0M$75.0M2021: $4.9M$4.9M20212022: $2.4M$2.4M2022−50%2023: $10.5M$10.5M2023+330%2024: $54.0M$54.0M2024+414%2025: -$31.3M-$31.3M2025

Every line of the income statement in the latest annual report, as filed.2

Period ending2025-12-312024-12-312023-12-31
Total revenues$477.5M$463.3M$284.1M
Total cost of revenues-$448.6M-$433.6M-$271.4M
Gross profit$28.9M$29.7M$12.7M
Sales and marketing expenses-$3.7M-$7.5M-$1.9M
General and administrative expenses-$9.1M-$25.3M-$3.7M
Research and development expenses-$2.5M-$5.6M-$1.7M
Credit loss provision for receivables-$981.0K-$100.0K
Gain on sale of recovery rights on assets held by FTX$7.3M
Impairment loss on digital assets-$7.0M
Impairment loss on mining equipment-$25.4M-$8.1M
Changes in fair value of digital asset receivables or payables$1.2M-$1.3M
Changes in fair value of digital assets-$8.7M$76.9M$18.2M
Loss on disposal of mining equipment-$3.4M
Total operating (expenses)/income-$52.7M$36.5M$3.9M
Operating (loss)/income-$23.8M$66.2M$16.6M
Investment income$462.0K$416.0K
Interest expense-$8.6M-$6.3M-$5.5M
Interest income$2.3M$1.6M$1.1M
Other income/(expense), net$311.0K-$277.0K$587.0K
(Loss)/income before income taxes-$29.3M$61.6M$12.7M
Income tax expense$1.9M$7.7M$2.2M
Net (loss)/income and total comprehensive (loss)/income attributable to ordinary shareholders-$31.1M$54.0M$10.5M
Less: Net income attributable to non-controlling interests$110.0K
Total Comprehensive (loss)/income attributable to ordinary shareholders of the Company-$31.3M$54.0M$10.5M
Ordinary shares - basic (in Shares)164.3M shares161.0M shares150.0M shares
Ordinary shares - diluted (in Shares)169.7M shares165.5M shares150.0M shares
Ordinary shares - basic (in Dollars per share)-$0.19$0.34$0.07
Ordinary shares - diluted (in Dollars per share)-$0.18$0.33$0.07

Compare Bitfufu Inc. with another company

Recent filings

  1. Oct 13, 20266-K REPORT OF FOREIGN PRIVATE ISSUER
  2. Sep 29, 20266-K REPORT OF FOREIGN PRIVATE ISSUER
  3. Sep 10, 20266-K REPORT OF FOREIGN PRIVATE ISSUER
  4. Sep 3, 20266-K REPORT OF FOREIGN PRIVATE ISSUER
  5. Aug 17, 20266-K REPORT OF FOREIGN PRIVATE ISSUER
  6. Aug 7, 20266-K REPORT OF FOREIGN PRIVATE ISSUER
  7. Jul 10, 20266-K REPORT OF FOREIGN ISSUER
  8. Jul 1, 20264
  9. Jul 1, 20264
  10. Jul 1, 20264
  11. Jul 1, 20264
  12. Jul 1, 20264
  13. Jun 22, 20266-K REPORT OF FOREIGN ISSUER
  14. Jun 9, 20266-K REPORT OF FOREIGN PRIVATE ISSUER
  15. May 29, 20266-K REPORT OF FOREIGN PRIVATE ISSUER

Every filing from the last three years, summarized. The full record is on SEC EDGAR.1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5