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BitFuFu BitFuFu Reports Unaudited Second Quarter 2026 Financial Results SINGAPORE , Aug. 17 , 2026 ( GLOBE NEWSWIRE ) -- BitFuFu Inc. ( " BitFuFu " or the " Company " ) ( NASDAQ : FUFU ) , a world - leading Bitcoin miner and mining services innovator , today announced its unaudited financial results for the quarter ended June 30 , 2026 . Second Quarter 2026 Financial Highlights • Total revenue was $ 42.8 million , down 62.9 % from $ 115.4 million in the same period of 2025. This substantial decline reflects the combined impact of a 27.5 % year - over - year drop in Bitcoin's price , softening demand for Cloud Mining Solutions , and the Company's deliberate optimization of deployed hashrate . Category ( $ in millions ) Cloud Mining Solutions Self - Mining Operations Mining Equipment Sales Hosting Revenue and Others Total Revenue Three Months Ended June 30 , 2026 2025 Revenue % of Revenue Revenue % of Revenue $ 24.9 58.2 % $ 94.3 81.7 % 14.0 32.7 % 14.8 12.8 % 0.0 % 5.2 4.5 % 3.9 $ 42.8 9.1 % 100.0 % $ 115.4 1.1 1.0 % 100.0 % • Net loss was $ 20.5 million , compared to net income of $ 47.1 million in the same period of 2025 . . Adjusted EBITDA ( a non - GAAP metric ) was negative $ 18.4 million , which was significantly impacted by fair value loss of $ 16.9 million resulting from the decrease in the price of Bitcoin . This compared to positive $ 60.7 million in the same period of 2025 , which included a fair value gain of $ 43.4 million . • Combined balance of cash and cash equivalents and digital assets 1 were $ 119.5 million as of June 30 , 2026 , compared to $ 177.1 million as of December 31 , 2025 . " Second - quarter results reflected one of the more challenging operating environments our industry has experienced recently , but they do not change our conviction in BitFuFu's long- term opportunity . We prioritized operational quality and discipline - proactively optimizing our hashrate mix and nearly tripling self - mining production during the period . At the same time , we continued to expand our turnkey hosting services as a growing source of diversified revenue , while deploying next - generation S21 XP miners and actively managing our fleet to maintain high efficiency and protect our unit economics amid market volatility . Importantly ,