BitFuFu’s 2025 outcomes confirmed a robust shift in its enterprise combine, with cloud mining overtaking self-mining as the corporate’s high income driver.
The Singapore-based Bitcoin ($BTC) the mining firm reported $475.8 million in income by 2025, 2.7% greater than the earlier yr.
Its auto-mining manufacturing fell to 611 $BTC from 2,537 $BTC in 2024, a 76% drop, whereas its Bitcoin holdings rose to 1,778 $BTC since 1720 $BTC a yr earlier than.
The corporate attributed the change to weaker Bitcoin earnings per terahash, larger mining problem, and a lowered proportion of hashrate allotted to self-mining because it relied extra on cloud mining merchandise.
BitFuFu stated it reallocated hashrate from self-mining to cloud mining following a 52% decline in day by day Bitcoin earnings per terahash, pushed by larger mining problem and a 47% discount in hashrate allotted to self-mining. Rising Bitcoin costs partially offset the impression.

Supply: BitFuFu
The corporate stated it moved the hashrate away from self-mining to enhance capital effectivity and make income extra predictable.
Automining income fell about 60% to $63.1 million in 2025 from $157.5 million a yr earlier.
Cloud mining surpasses self-mining
Cloud mining income accounted for round 74% of BitFuFu’s income in 2025, amounting to $350.6 million. Against this, cloud mining accounted for 58.5% of income in 2024, when the section generated $271 million.
The corporate reported 3,662 $BTC in mixed annual manufacturing throughout its self-mining operations and buyer cloud mining exercise, together with 611 $BTC of self-mining and three,051 $BTC produced by cloud mining purchasers.
BitFuFu stated it additionally elevated gross sales of mining tools, which elevated 76% yr over yr to $53.7 million.
BitFuFu outlines priorities for 2026
Though BitFuFu elevated its Bitcoin holdings by solely 58 $BTC Final yr, the corporate stated it stays dedicated to increasing its $BTC Treasury in 2026.
“Looking forward to 2026, we are going to scale our cloud mining enterprise, develop hash fee and power capability with self-discipline, and proceed constructing our Bitcoin treasury,” the corporate stated in an announcement on X.

Fountain: BitFuFu
BitFuFu CEO Leo Lu stated the corporate will deal with buying mining infrastructure in 2026 and can proceed to evaluate potential partnership alternatives as a part of its vertical integration technique.
Journal: The talk over Bitcoin’s four-year cycle is over: Benjamin Cowen

