bitfufu Announces 2026 Q2 Financial Report, with Revenue of 42.8 Million US Dollars
2026-08-17 19:38:35
According to CoinMeta, bitfufu released its financial report for the second quarter of 2026, showing revenue of $42.8 million, a year-on-year decrease of 62.9%, and a net loss of $20.5 million. In the same period last year, there was a net profit of $47.1 million. After adjustment, EBITDA resulted in a net loss of $18.4 million. Affected by the decline in demand for cloud mining, the decrease in Bitcoin prices, and improvements in computing power efficiency, the company's total managed computing power dropped to 15.3 EH /s, but the number of coins mined through its own operations increased to 192 BTC. As of the end of June, bitfufu held 1,671 BTC, with cash and digital assets totaling approximately $119.5 million. The company stated that its total managed computing power had recovered to about 20 EH /s by mid-August.
Source:X
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