ChainThink News, March 20: Bitcoin mining company BitFuFu, listed on Nasdaq, has released its full-year financial results for 2025. Total revenue reached $475.8 million, representing a 2.7% increase from $463.3 million in 2024. The company recorded a net loss of $57.4 million in 2025, compared to a net profit of $54 million in 2024. The loss was primarily driven by fair value fluctuations in digital assets and accounts receivable, as well as impairment charges related to equipment due to adverse market conditions.

In terms of operations, revenue from BitFuFu’s cloud mining solutions amounted to $350.6 million in 2025, up 29.4% year-over-year; meanwhile, revenue from self-mining operations declined to $63.1 million. As of December 31, 2025, the company's total mining capacity increased by 11.1% year-over-year to 26.1 EH/s, and its held Bitcoin reserves rose to 1,778 BTC. The average cost of Bitcoin production from self-mining operations in 2025 was $77,573 per BTC, compared to $47,496 per BTC in 2024. By the end of 2025, the company held cash, cash equivalents, and digital assets totaling approximately $177 million.