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JUST IN: BitFuFu closed 2025 with a profound shift in its business model: while its own Bitcoin production plummeted, cloud mining became its primary revenue driver.
The company maintains that the change was due to lower profitability per terahash, higher mining difficulty, and a strategy focused on capital efficiency and revenue predictability.
BitFuFu reported revenues of USD $475.8 million in 2025, a 2.7% increase year over year.