ChainThink reports that on March 20, Nasdaq-listed Bitcoin mining company BitFuFu announced its full-year financial results for 2025. Total revenue for 2025 amounted to $475.8 million, representing a 2.7% increase from $463.3 million in 2024. The company recorded a net loss of $57.4 million in 2025, compared to a net profit of $54 million in 2024. The loss was primarily driven by fair value changes in digital assets and accounts receivable, as well as asset impairments due to market conditions.
In terms of business, BitFuFu's cloud mining solutions revenue reached $350.6 million in 2025, representing a 29.4% year-over-year growth; revenue from self-operated mining decreased to $63.1 million. As of December 31, 2025, the company’s total mining capacity increased by 11.1% year-over-year to 26.1 EH/s, and the number of held bitcoins rose to 1,778. The average cost of bitcoin production from self-operated mining in 2025 was $77,573 per BTC, compared to $47,496 per BTC in 2024. As of the end of 2025, the company’s total cash, cash equivalents, and digital assets amounted to approximately $177 million.