BitFuFuFUFU
FUFU
About: BitFuFu Inc is a digital asset mining and cloud-mining service provider that fosters a secure, compliant, and transparent blockchain infrastructure. It provides stable and intelligent digital asset mining solutions, including one-stop cloud-mining services and miner hosting services to institutional customers and individual digital assets.
Employees: 29
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
9% more funds holding
Funds holding: 11 [Q3] → 12 (+1) [Q4]
0.98% less ownership
Funds ownership: 1.37% [Q3] → 0.39% (-0.98%) [Q4]
65% less capital invested
Capital invested by funds: $9.03M [Q3] → $3.14M (-$5.89M) [Q4]
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 4
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$7
62%
upside
Avg. target
$7
62%
upside
High target
$7
62%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
HC Wainwright & Co. Kevin Dede 18% 1-year accuracy 10 / 56 met price target | 62%upside $7 | Buy Reiterated | 26 Mar 2025 |
Financial journalist opinion
Based on 6 articles about FUFU published over the past 30 days
Positive
Benzinga
2 weeks ago
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
Positive
Zacks Investment Research
3 weeks ago
BitFuFu Inc. (FUFU) Upgraded to Strong Buy: Here's What You Should Know
BitFuFu Inc. (FUFU) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Positive
Seeking Alpha
3 weeks ago
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-mining, miner hosting, and miner sales, ensuring flexibility and multiple revenue streams. Despite high sales growth and low debt, BitFuFu faces risks due to its low cash reserves and the capital-intensive nature of the cryptocurrency mining industry.
Positive
Seeking Alpha
3 weeks ago
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 company is aggressively scaling operations, targeting 650-800MW hosting and 33 EH/s mining capacity by FY25, supported by recent low-cost power acquisitions, including a 51MW site at $0.03/kWh. A two-year framework agreement with BITMAIN for up to 80,000 next-gen miners ensures a steady hardware supply with flexible payment terms, reinforcing BitFuFu's long-term scalability.
Neutral
Seeking Alpha
3 weeks ago
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 - Chief Financial Officer Conference Call Participants Operator Good day and thank you for standing by.
Neutral
GlobeNewsWire
3 weeks ago
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 unaudited financial results for the full year ended December 31, 2024. Full Year 2024 Financial Highlights Total revenue was US$463.3 million in 2024, representing an increase of 63.1% from US$284.1 million in 2023 Revenue from cloud-mining solutions was US$271.0 million in 2024, representing an increase of 52.2% from US$178.0 million in 2023 Revenue from Bitcoin self-mining operations was US$157.5 million in 2024, representing an increase of 57.2% from US$100.2 million in 2023 Net income was US$54.0 million in 2024, representing an increase of 414.3% from US$10.5 million in 2023 Adjusted EBITDA (a non-GAAP metric) was US$117.5 million in 2024, representing an increase of 181.8% from US$41.7 million in 2023 Combined balance of cash and cash equivalents and digital assets1 were US$175.1 million as of December 31, 2024, representing an increase of 130.4% from US$76.0 million as of December 31, 2023 “In 2024, we delivered another year of strong financial performance, driven by continued revenue growth across both our cloud-mining solutions and self-mining businesses,” said Leo Lu, Chairman and CEO of BitFuFu.
Neutral
Accesswire
1 month ago
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 uptime and, since the end of the trial, the system has achieved greater than 90% uptime; AXP has secured the support of NASDAQ-listed Bitcoin miner BitFuFu, Inc. (NASDAQ: FUFU, FUFU.WS) for the next phase of expansion at Pathfinder; BitFuFu will supply additional ASIC Miners and other equipment to support the next phase of expansion, with AXP focused on delivering gas-to-power and site services; All parties are now committed to establishing power generation output of 25MW/hour by the end of CY2025 for a significant scale up of bitcoin mining operations, powered by Pathfinder's ~750 Bcf of contingent gas resources; The parties are now assessing further expansion opportunities. FLORENCE, CO / ACCESS Newswire / March 18, 2025 / AXP Energy Limited (ASX:AXP)(OTC PINK:AUNXF), (‘AXP', ‘Company') is pleased to report the successful completion of the initial trial of gas-to-power operations at the Pathfinder production hub in Colorado (announced 6 February 2025) that saw the Company deliver 1.5 MW/hour of electricity over 14 days at 85% uptime to support successful bitcoin mining activities.
Neutral
GlobeNewsWire
1 month ago
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 will release its full year financial results for the year ended December 31, 2024, before U.S. markets open on March 25, 2025. The Company's management team will hold an earnings conference call at 8:00 A.M.
Neutral
GlobeNewsWire
1 month ago
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.
Neutral
GlobeNewsWire
2 months ago
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.
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