BitFuFu (FUFU) revenue breakdown

· Market cap $229M

By product, Cloud mining solutions is the largest at 74% of fiscal 2025 revenue; Sales of mining equipment grew fastest, 73% a year over 3 years.

By region, Africa is the largest at 38% of fiscal 2025 revenue, growing 600% a year over 2 years.

Revenue by product

Fiscal years, as BitFuFu reports them in its 10-K filings; fiscal 2025 total $478M.

Products20212022202320242025Share
Cloud mining solutions$76M$99M$178M$271M$353M 74%
Bitcoin self-mining revenue—$60M$100M$158M$63M 13%
Sales of mining equipment—$10M—$30M$54M 11%
Hosting services and others$940,097$8M$6M$4M$8M 2%
Sourcing commission for mining equipment—$19M——— —
Sale of mining equipment$18M———— —
Leasing of mining equipment$7M———— —
Leasing of mining equipment—$1M——— —
Sourcing commission for mining equipment$780,342———— —

Revenue by region

Fiscal years, as BitFuFu reports them in its 10-K filings; fiscal 2025 total $414M.

Regions20212022202320242025Share
Africa——$3M$8M$159M 38%
Asia$65M$10M$31M$92M$108M 26%
Oceania——$2M$8M$76M 18%
North America$24M$98M$99M$156M$64M 16%
Others$682,446$983,000$1M$746,000$4M 1%
Europe$14M$29M$47M$41M$3M 1%
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Questions

Where does BitFuFu make its money?

In fiscal 2025, by product: Cloud mining solutions $353M, Bitcoin self-mining revenue $63M, Sales of mining equipment $54M, Hosting services and others $8M.

From BitFuFu's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.