BitFuFu

FUFU

Market cap $579M

BitFuFu (FUFU 2.59%), a provider of cloud mining services for clients wanting to mine Bitcoin (BTC 1.96%) and a miner of the crypto itself, was doing as well as its associated coin on Monday. Bitcoin's rise wasn't the only reason for BitFuFu's stock price improvement (it closed up nearly 3% in price that day), as the company released an operational update that was welcomed by the market.

BitFuFu's Q2 results confirmed my rebound thesis, with strong sequential growth and improved operational efficiency despite the Bitcoin halving impact. Strategic investments in energy independence and asset tokenization position BitFuFu for long-term growth and reduced earnings volatility. The market is underappreciating BitFuFu's potential, with my updated valuation model indicating a 340% upside from current levels.

BitFuFu Inc. (NASDAQ:FUFU ) Q2 2025 Earnings Conference Call August 15, 2025 8:00 AM ET Company Participants Calla Zhao - Chief Financial Officer Charles Damien Brady - Vice President of Investor Relations Leo Lu - Chairman of the Board & CEO Operator Good day, and thank you for standing by. Welcome to the BitFuFu Second Quarter 2025 Earnings Conference Call.

BitFuFu Inc. (FUFU) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.01 per share a year ago.

SINGAPORE, Aug. 15, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a world-leading Bitcoin miner and mining services innovator, today announced its unaudited financial results for the quarter ended June 30, 2025. Second Quarter 2025 Financial Highlights BitFuFu delivered robust sequential growth in Q2 2025, with revenue increasing 47.9% quarter-over-quarter to $115.4 million, driven by accelerating demand for cloud-mining solutions and strategic expansion of mining capacity.

BitFuFu Inc. (FUFU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Bitcoin's mainstream adoption and institutional buying are driving up demand, making crypto mining stocks an attractive alternative to direct BTC investment. BitFuFu stands out as undervalued compared to peers like Riot, with a higher hashrate and rapid power capacity growth, yet a much lower market cap. BitFuFu's cloud mining business shifts price risk to clients, stabilizing revenue, and its close partnership with Bitmain ensures access to top-tier mining hardware.

Bitcoin production increased 11.3% month-over-month in June to 445 BTC, with Bitcoin holdings increasing to 1,792 BTC. Total hashrate and power capacity under management reached record highs as of June 30, 2025—36.2 EH/s and 728 MW, respectively.

The market has unfairly punished BitFuFu for a dismal Q1, but a closer look reveals the operational challenges that caused the slump were temporary. Recent operational data from April and May confirms a powerful turnaround is already underway, showcasing an exponential rebound in hashrate and a sharp recovery in Bitcoin production. BitFuFu trades at a glaring valuation disconnect from its U.S. peers, with the market assigning a value to its hashrate that is a mere fraction of the industry average.

BitFuFu faced a sharp Q1 revenue and capacity decline, but operational recovery and hashrate expansion post-Q1 signal a positive turnaround. Cloud mining remains BitFuFu's dominant revenue source, with registered users nearly doubling YoY to over 607,000 users, signaling growing retail demand despite infrastructure lag. BitFuFu's close ties with BITMAIN offer hardware procurement advantages but pose related-party and concentration risks, though liquidity remains healthy for now.