BitFuFu Inc. (FUFU)

NASDAQ: FUFU · Real-Time Price · USD
3.855
-0.345 (-8.21%)
Apr 25, 2025, 4:00 PM EDT - Market closed
-8.21%
Market Cap 636.12M
Revenue (ttm) 463.33M
Net Income (ttm) 53.96M
Shares Out 163.11M
EPS (ttm) 0.33
PE Ratio 11.82
Forward PE 14.44
Dividend n/a
Ex-Dividend Date n/a
Volume 372,082
Open 4.000
Previous Close 4.200
Day's Range 3.790 - 4.000
52-Week Range 2.320 - 7.390
Beta 0.28
Analysts Strong Buy
Price Target 7.00 (+81.58%)
Earnings Date May 19, 2025

About FUFU

BitFuFu Inc. engages in the provision of digital asset mining solutions in Singapore, North America, Asia, and Europe. The company offers cloud-mining services and miner hosting services to institutional customers and individual digital asset enthusiasts. BitFuFu Inc. is based in Singapore, Singapore. [Read more]

Industry Capital Markets
Sector Financials
Founded 2020
Employees 34
Stock Exchange NASDAQ
Ticker Symbol FUFU
Full Company Profile

Financial Performance

In 2024, BitFuFu's revenue was $463.33 million, an increase of 63.08% compared to the previous year's $284.11 million. Earnings were $53.96 million, an increase of 414.18%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for FUFU stock is "Strong Buy" and the 12-month stock price forecast is $7.0.

Price Target
$7.0
(81.58% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

BitFuFu Files 2024 Annual Report on Form 20-F

SINGAPORE, April 22, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced that it has...

5 days ago - GlobeNewsWire

This Nasdaq-Traded Bitcoin Miner Has Been Profitable Since 2021

The provider of digital asset mining services is growing its portfolio of self-operated mining machines and data centers as high crypto prices fuel strong revenue and earnings gains

24 days ago - Benzinga

BitFuFu: Excellent 2024 Earnings

BitFuFu Inc., a global leader in Bitcoin mining, reported a 63.1% sales increase in 2024, with net income surging 414.3% from 2023. The company's diversified business model includes cloud mining, self...

4 weeks ago - Seeking Alpha

BitFuFu: FY24 Earnings Review, FY25 Operational Outlook

BitFuFu delivered exceptional FY24 growth, with revenue surging 63.1% to $463.3 million and net income skyrocketing 414.3% to $54 million, driven by cloud mining expansion and efficiency gains. The co...

4 weeks ago - Seeking Alpha

BitFuFu Inc. (FUFU) Q4 2024 Earnings Call Transcript

BitFuFu Inc. (NASDAQ:FUFU) Q4 2024 Earnings Conference Call March 25, 2025 8:00 AM ET Company Participants Charley Brady - Vice President, Investor Relations. Lu Leo - Chairman and CEO Calla Zhao - C...

4 weeks ago - Seeking Alpha

BitFuFu Announces Full Year 2024 Unaudited Financial Results

SINGAPORE, March 25, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced its unaudit...

4 weeks ago - GlobeNewsWire

AXP and BitFuFu Partner in Power Generation

Successful completion of 14-day gas-to-power trial at Pathfinder production hub delivers ~1.5 MW/hour of electricity to power two bitcoin mining containers; The 14-day trial delivered ~85% system upti...

5 weeks ago - Accesswire

BitFuFu to Report Full Year 2024 Financial Results on March 25, 2025

SINGAPORE, March 17, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced that it wil...

5 weeks ago - GlobeNewsWire

BitFuFu Acquires 51MW Operational Data Center in Oklahoma, Expanding U.S. Mining Footprint

BitFuFu acquires 51MW site in Oklahoma to deploy S21 series miners with cash cost producing one Bitcoin as low as $18,000 without considering depreciation.

2 months ago - GlobeNewsWire

BitFuFu to Participate in the 37th Annual ROTH Conference

Leo Lu, Chairman and CEO of BitFuFu, Calla Zhao, CFO and Charley Brady, Vice President of Investor Relations, will attend the 37th Annual ROTH Conference.

3 months ago - GlobeNewsWire

BitFuFu Unveils BitFuFuOS Software Service to Boost Mining Revenue by up to 20%

SINGAPORE, Jan. 08, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced the launch ...

3 months ago - GlobeNewsWire

BitFuFu Announces December 2024 Production and Mining Operations Update

BitFuFu announces December 2024 production and mining operations update, highlighting a 1720 BTC holding and 80,000 miners purchase schedule from BITMAIN.

3 months ago - GlobeNewsWire

BitFuFu Signs Two-Year Framework Agreement with BITMAIN for 80,000 Miners

SINGAPORE, Jan. 02, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced it has rece...

4 months ago - GlobeNewsWire

BitFuFu Surpasses 520,000 Registered Cloud-Mining Users

SINGAPORE, Dec. 19, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced that its re...

4 months ago - GlobeNewsWire

BitFuFu Signs Long-Term Lease for Two Mining Facilities with 33 MW Capacity in the U.S.

SINGAPORE, Dec. 11, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced it has ente...

4 months ago - GlobeNewsWire

BitFuFu Announces November 2024 Production and Mining Operations Update

● 1,643 BTC held and 84 BTC produced from self-mining operations in November 2024 ● Net cash of US$98 million as of November 30, 2024 ● Targeting 1 GW of additional capacity by the end of 2026 SINGAPO...

5 months ago - GlobeNewsWire

BitFuFu Launches Private-Label Mining Pool Offering Competitive Commission Rates as Low as 0.4%

SINGAPORE, Dec. 05, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced the launch o...

5 months ago - GlobeNewsWire

BitFuFu Reports Company Owns 1,664 BTC, Highlighting Leadership in Bitcoin Self-Mining and Cloud-Mining Solutions

SINGAPORE, Dec. 05, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced the Company ...

5 months ago - GlobeNewsWire

BitFuFu Enhances One-Click Mining User Experience with Upgraded Website and Mobile App

SINGAPORE, Dec. 02, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, providing customers with one...

5 months ago - GlobeNewsWire

BitFuFu to Participate in the Inaugural B. Riley Securities Energy Convergence Conference

SINGAPORE, Nov. 29, 2024 (GLOBE NEWSWIRE) -- BitFuFu, Inc. (NASDAQ: FUFU, FUFU.WS) (“BitFuFu” or the “Company”), a global leader in Bitcoin mining and comprehensive mining services, today announced it...

5 months ago - GlobeNewsWire

BitFuFu Announces Changes in Board of Directors

SINGAPORE, Nov. 15, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a fast-growing digital asset mining service and world-leading cloud-mining service provider, toda...

5 months ago - GlobeNewsWire

BitFuFu Secures $100 Million Credit Line From Antpool Technologies

Singapore, Nov. 12, 2024 (GLOBE NEWSWIRE) -- BitFuFu, Inc.. (NASDAQ: FUFU, FUFU.WS) (“BitFuFu” or the “Company”), a fast-growing digital asset mining service and world-leading cloud-mining service pro...

5 months ago - GlobeNewsWire

BitFuFu Earnings: A Bad Q3 And Larger Concerns

BitFuFu is a Bitcoin mining company that generates revenue from both self-mining and selling customers cloud mining packages. Cloud mining is a problematic business when mining profitability is low be...

6 months ago - Seeking Alpha

BitFuFu Awarded Best Technology Solution Provider for Digital Assets – Cloud

Singapore, Nov. 08, 2024 (GLOBE NEWSWIRE) -- BitFuFu Inc., (NASDAQ: FUFU) (“BitFuFu” or the “Company) a fast-growing digital asset mining service and world-leading cloud-mining service provider, today...

6 months ago - GlobeNewsWire

BitFuFu Reports Unaudited Third Quarter 2024 Financial Results

Hosting Capacity Expands to 556 MW; Mining Capacity Increases 88.5% YoY to 26.2 EH/s Hosting Capacity Expands to 556 MW; Mining Capacity Increases 88.5% YoY to 26.2 EH/s

6 months ago - GlobeNewsWire