View Past PerformanceBitFuFu バランスシートの健全性財務の健全性 基準チェック /26BitFuFuの総株主資本は$149.6M 、総負債は$109.4Mで、負債比率は73.1%となります。総資産と総負債はそれぞれ$357.6Mと$208.0Mです。 BitFuFuの EBIT は$12.6Mで、利息カバレッジ比率2.2です。現金および短期投資は$28.3Mです。主要情報73.10%負債資本比率US$109.36m負債インタレスト・カバレッジ・レシオ2.2x現金US$28.28mエクイティUS$149.60m負債合計US$207.98m総資産US$357.58m財務の健全性に関する最新情報分析記事 • Jan 05Would BitFuFu (NASDAQ:FUFU) Be Better Off With Less Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Dec 13We Think BitFuFu (NASDAQ:FUFU) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • May 21Is BitFuFu (NASDAQ:FUFU) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...すべての更新を表示Recent updatesナラティブ更新 • May 04FUFU: Higher Margin Outlook Will Support Future P/E Re RatingAnalysts cut their average BitFuFu price target by about $2, reflecting lower revenue expectations, higher projected profit margins and a reduced assumed future P/E multiple. Analyst Commentary Recent research shows a split view on BitFuFu, with some analysts trimming targets and others lifting them, resulting in a modest net cut to the average price target.ナラティブ更新 • Apr 18FUFU: Cloud And Self Mining Mix Will Support Higher Future EfficiencyNarrative Update The updated analyst price target for BitFuFu moves lower by about $2.50, as analysts factor in a sharply reduced revenue growth outlook, higher profit margin assumptions, and a reset to a lower forward P/E multiple. Analyst Commentary Recent Street research on BitFuFu shows a split view, with one firm lifting its price target by $2 and two firms cutting their targets by $3.お知らせ • Apr 18BitFuFu Inc Launches Antminer S21 XP Hosted MiningBitFuFu Inc. announced it will return as a sponsor of Bitcoin 2026, taking place April 27-29, 2026, in Las Vegas, Nevada. BitFuFu has also launched a new hosted mining offering for the ANTMINER S21 XP at $9.50 per terahash per second (TH/s), with a hosting fee as low as $0.068/kWh. The ANTMINER S21 XP is among the most efficient Bitcoin miners currently available. Manufactured by Bitmain, the S21 XP delivers 270 TH/s, 3,645W power consumption, and 13.5 J/T energy efficiency. At $9.5/T, the hosted mining offering is designed to give individuals and institutions direct access to professional-grade Bitcoin mining infrastructure without the complexity of building it themselves. As with all BitFuFu hosted mining offerings, customers retain full ownership of their machines and receive all associated mining rewards. Units are deployed to North American facilities, supported by BitFuFu’s operations team with 24/7 maintenance, power and cooling management, and real-time performance monitoring. There are no lock-in periods or minimum hosting commitments. Daily mining revenue is sent directly to customers' wallet addresses. Orders for the ANTMINER S21 XP are available now through the BitFuFu website and via the BitFuFu App on the App Store and Google Play. BitFuFu will be on-site at Booth 863, where attendees can meet the team, explore BitFuFu’s full suite of mining services, and place orders for the S21 XP hosted mining package in person. BitFuFu’s one-stop platform integrates cloud mining, hosted mining, miner sales, proprietary firmware, mining pool services, and operational tools, offering miners at every level a single access to the full Bitcoin mining stack.ナラティブ更新 • Apr 04FUFU: Stronger Margins And Bitcoin Output Will Support Higher Future P/EBitFuFu's updated analyst price target has been reduced by $2.50, reflecting a lower fair value estimate and higher discount rate. This comes even as analysts factor in weaker revenue expectations alongside a stronger projected profit margin and a less extreme future P/E assumption.Price Target Changed • Mar 23Price target decreased by 16% to US$5.13Down from US$6.13, the current price target is an average from 4 analysts. New target price is 155% above last closing price of US$2.01. Stock is down 55% over the past year. The company is forecast to post earnings per share of US$0.17 next year compared to a net loss per share of US$0.35 last year.ナラティブ更新 • Mar 21FUFU: Future P/E Expansion Will Highlight Strength Of Recent Bitcoin ProductionAnalysts have trimmed their price target on BitFuFu from about $7.25 to roughly $5.88, citing updated assumptions for fair value, a higher discount rate, more modest revenue growth, slimmer profit margins, and a much higher future P/E multiple in their models. What's in the News BitFuFu reported unaudited production results for February 2026, with 227 BTC mined in total, including 190 BTC from cloud mining and 37 BTC from self mining (company announcement).Reported Earnings • Mar 20Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: US$0.35 loss per share (down from US$0.34 profit in FY 2024). Revenue: US$475.8m (up 2.7% from FY 2024). Net loss: US$57.5m (down 207% from profit in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings.お知らせ • Mar 13BitFuFu Inc. to Report Fiscal Year 2025 Results on Mar 20, 2026BitFuFu Inc. announced that they will report fiscal year 2025 results Pre-Market on Mar 20, 2026New Risk • Mar 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings are forecast to decline by an average of 30% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).Valuation Update With 7 Day Price Move • Mar 11Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to US$2.05, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Software industry in the US. Total loss to shareholders of 80% over the past three years.ナラティブ更新 • Mar 06FUFU: Future Bitcoin Production Mix Will Support Higher Forward P/EAnalysts have revised their price target for BitFuFu from $10.27 to $7.00, citing updates to fair value estimates, discount rate assumptions, revenue growth expectations, profit margin outlook and future P/E levels. What's in the News BitFuFu reported unaudited production for February 2026 of 227 BTC, including 190 BTC from cloud mining and 37 BTC from self mining (company announcement of operating results).ナラティブ更新 • Feb 19FUFU: Cloud And Self Mining Mix Will Support Higher Future Earnings ProfileAnalysts have trimmed their BitFuFu price target to reflect a much higher assumed future P/E multiple, along with a sharply lower projected profit margin, shifting their view of how much investors may be willing to pay for the company’s earnings profile in dollar terms. What's in the News BitFuFu reported unaudited production for January 2026 of 229 BTC, with 183 BTC from cloud mining and 46 BTC from self mining (company announcement).Valuation Update With 7 Day Price Move • Feb 17Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$2.21, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Software industry in the US. Total loss to shareholders of 78% over the past three years.Price Target Changed • Feb 09Price target decreased by 16% to US$6.13Down from US$7.25, the current price target is an average from 4 analysts. New target price is 130% above last closing price of US$2.66. Stock is down 46% over the past year. The company is forecast to post earnings per share of US$0.27 for next year compared to US$0.34 last year.ナラティブ更新 • Feb 05FUFU: Cloud And Self Mining Mix Will Support Stronger Future PerformanceAnalysts have trimmed their price target for BitFuFu to US$5.50, reflecting small adjustments to their assumptions on discount rate, revenue growth, profit margin, and future P/E that collectively point to a slightly more cautious outlook on the shares. What's in the News BitFuFu reported unaudited production results for December 2025, with 188 BTC mined in total, including 151 BTC from cloud mining and 37 BTC from self mining (company announcement).ナラティブ更新 • Jan 22FUFU: Hosted Mining And Platform Scale Will Drive Stronger Future PerformanceAnalysts have trimmed their price target on BitFuFu to reflect a slightly lower assumed future P/E of about 11.12x, while keeping fair value around $5.50 as they factor in modest adjustments to the discount rate, revenue growth and profit margin assumptions. What's in the News Reported unaudited production for December 2025 of 188 BTC, with 151 BTC from cloud mining and 37 BTC from self mining, giving investors a recent snapshot of operational output.分析記事 • Jan 15BitFuFu Inc. (NASDAQ:FUFU) Shares Fly 28% But Investors Aren't Buying For GrowthBitFuFu Inc. ( NASDAQ:FUFU ) shareholders are no doubt pleased to see that the share price has bounced 28% in the last...ナラティブ更新 • Jan 07FUFU: Hosted Mining Platform Expansion Will Support Stronger Future PerformanceAnalysts have lifted their price target on BitFuFu to about US$5.50, reflecting updated assumptions that include slightly adjusted discount rates, higher projected revenue growth, a stronger profit margin outlook, and a lower future P/E multiple. What's in the News Reported unaudited November 2025 production of 231 BTC, including 190 BTC from cloud mining and 41 BTC from self mining, giving investors fresh monthly output data to track.分析記事 • Jan 05Would BitFuFu (NASDAQ:FUFU) Be Better Off With Less Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$2.80, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Software industry in the US. Total loss to shareholders of 72% over the past three years.Seeking Alpha • Dec 18BitFuFu: A Misunderstood Crypto Stock Poised For A BreakoutSummary BitFuFu is deeply undervalued versus peers, trading at a forward EV/Sales of 1.23x compared to RIOT's 9.31x and MARA's 7.62x. FUFU's cloud mining business provides revenue stability, positive net income since 2021, and acts as a hedge against Bitcoin volatility. Despite market concerns over supplier reliance and regulatory risks, BitFuFu is not exposed to U.S. cloud mining regulation and is misunderstood by the market. I expect a strong comeback for BitFuFu as crypto market fears appear overblown and institutional adoption of Bitcoin strengthens the sector's fundamentals. Read the full article on Seeking Alphaナラティブ更新 • Dec 15FUFU: Cloud Mining Platform Expansion Will Drive Stronger Future PerformanceAnalysts have trimmed their price target on BitFuFu from approximately $6.00 to $5.50, citing expectations for slower revenue growth, thinner profit margins, and a higher future valuation multiple. Together, these factors warrant a slightly more conservative fair value estimate.New Risk • Nov 17New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings are forecast to decline by an average of 6.4% per year for the foreseeable future.Reported Earnings • Nov 13Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$0.07 (up from US$0.031 loss in 3Q 2024). Revenue: US$180.7m (up 100% from 3Q 2024). Net income: US$11.5m (up US$16.6m from 3Q 2024). Profit margin: 6.4% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 40%. Earnings per share (EPS) also surpassed analyst estimates by 94%. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.分析記事 • Nov 13There's No Escaping BitFuFu Inc.'s (NASDAQ:FUFU) Muted EarningsWith a price-to-earnings (or "P/E") ratio of 10.1x BitFuFu Inc. ( NASDAQ:FUFU ) may be sending bullish signals at the...Valuation Update With 7 Day Price Move • Nov 12Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to US$2.92, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Software industry in the US. Total loss to shareholders of 71% over the past three years.お知らせ • Nov 05BitFuFu Inc. to Report Q3, 2025 Results on Nov 12, 2025BitFuFu Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 12, 2025お知らせ • Oct 28BitFuFu Inc. Launches ANTMINER S21+ Hyd. Hosted Mining at $15.3/THBitFuFu Inc. announced offering of the ANTMINER S21+ Hyd. Bitcoin miners for purchase and hosting through BitFuFu's platform. As part of this hosted mining offering, BitFuFu is providing a special rate of $15.3 per terahash (TH/s), with hosting fee as low as $0.078/kWh--a compelling opportunity for miners preparing for the Bitcoin bull market. The service is open to customers worldwide, especially those in the United States. Customers can place orders directly via the BitFuFu website or the BitFuFu App, available on both the App Store and Google Play. Hosted mining refers to physical mining machines that are fully installed, powered, and operating within professional mining facilities. Once customers purchase a miner through the BitFuFu platform, the machine will be deployed in mining facilities, where facility operators oversee all day-to-day operations, including power supply, cooling, network management, and maintenance. Customers retain full ownership of their miners and the associated Bitcoin mining rewards, with complete flexibility and no lock-in periods or minimum hosting commitments. The ANTMINER S21 + Hyd., manufactured by BITMAIN, is a high-performance Bitcoin mining machine designed for hydro-cooled operations. It delivers a hashrate of 358 TH/s at 5370 W, achieving an energy efficiency of 15 J/TH. With a current shutdown price as low as $65,000, this model delivers an exceptionally long operational cycle. It is particularly well-suited for large-scale mining deployments and long-term customers seeking a reliable, efficient solution. Advantages of choosing BitFuFu's hosted mining service include: Daily mining revenue automatically sent to customers' wallet address. Hosting in top-tier North American facilities with 24/7 expert maintenance. One-click deployment and real-time earnings tracking. BitFuFu's hosted Mining service, first launched in July 2025, further strengthens the Company's one-stop platform for comprehensive Bitcoin mining solutions. The platform now integrates cloud mining, miner sales, proprietary firmware, mining pool services, and other operational tools, helping miners worldwide lower startup costs and streamline their mining experience. As of September 30, 2025, BitFuFu managed 36.0 EH/s of total hashrate, 624 MW of power capacity, served more than 641,000 users, and held 1,959 BTC.Valuation Update With 7 Day Price Move • Sep 12Investor sentiment improves as stock rises 19%After last week's 19% share price gain to US$4.23, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Software industry in the US. Total loss to shareholders of 57% over the past three years.Reported Earnings • Aug 17Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: US$0.29 (up from US$0.008 in 2Q 2024). Revenue: US$115.4m (down 11% from 2Q 2024). Net income: US$47.1m (up US$45.8m from 2Q 2024). Profit margin: 41% (up from 1.0% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.お知らせ • Jul 31BitFuFu Inc. to Report Q2, 2025 Results on Aug 15, 2025BitFuFu Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 15, 2025分析記事 • Jul 24Investors Still Aren't Entirely Convinced By BitFuFu Inc.'s (NASDAQ:FUFU) Revenues Despite 28% Price JumpThose holding BitFuFu Inc. ( NASDAQ:FUFU ) shares would be relieved that the share price has rebounded 28% in the last...お知らせ • Jul 24BitFuFu Inc. Launches High-Performance Bitcoin Mining Pool with Cutting-Edge TechnologiesBitFuFu Inc. has announced the significant achievement of its private-label Bitcoin mining pool, BitFuFuPool, which has surpassed 20 exahashes per second (EH/s) in hashrate. This milestone, reached just eight months after its public launch, places BitFuFuPool among the top 11 largest Bitcoin mining pools worldwide. The pool adopts a Full Pay-Per-Share (FPPS) reward model, offering a competitive commission rate starting as low as 0%. This model guarantees miners a fixed payout for their contributed hashrate, regardless of whether the pool successfully mines a block. The pool's rapid growth is supported by cutting-edge technologies such as BitFuFuOS and the Aladdin management system, which help miners maximize the efficiency of their machines and automatically allocate hashrate based on real-time network conditions, improving overall mining performance.お知らせ • Jun 11BitFuFu Inc. has filed a Follow-on Equity Offering in the amount of $150 million.BitFuFu Inc. has filed a Follow-on Equity Offering in the amount of $150 million. Security Name: Class A Ordinary Shares Security Type: Common Stock Transaction Features: At the Market OfferingNew Risk • Jun 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.4% Last year net profit margin: 12% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin).Reported Earnings • Jun 06First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: US$0.10 loss per share (down from US$0.23 profit in 1Q 2024). Revenue: US$78.0m (down 46% from 1Q 2024). Net loss: US$16.9m (down 148% from profit in 1Q 2024). Revenue missed analyst estimates by 32%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings.お知らせ • May 29BitFuFu Inc. to Report Q1, 2025 Results on Jun 05, 2025BitFuFu Inc. announced that they will report Q1, 2025 results Pre-Market on Jun 05, 2025Valuation Update With 7 Day Price Move • Apr 30Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$3.35, the stock trades at a forward P/E ratio of 12x. Average trailing P/E is 32x in the Software industry in the US. Total loss to shareholders of 66% over the past three years.新しいナラティブ • Apr 29Owning Data Centers And Power Assets Will Cut Hosting Costs Transition to owning data center assets and low-cost power facilities aims to enhance operational efficiency and lower Bitcoin mining costs, boosting profitability. 分析記事 • Apr 26Lacklustre Performance Is Driving BitFuFu Inc.'s (NASDAQ:FUFU) 29% Price DropBitFuFu Inc. ( NASDAQ:FUFU ) shareholders that were waiting for something to happen have been dealt a blow with a 29...Valuation Update With 7 Day Price Move • Apr 01Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to US$4.53, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 5x in the Software industry in the US. Total loss to shareholders of 54% over the past three years.Reported Earnings • Mar 25Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: US$0.34 (up from US$0.07 in FY 2023). Revenue: US$463.3m (up 63% from FY 2023). Net income: US$54.0m (up 414% from FY 2023). Profit margin: 12% (up from 3.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 31%. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.お知らせ • Mar 17BitFuFu Inc. to Report Q4, 2024 Results on Mar 25, 2025BitFuFu Inc. announced that they will report Q4, 2024 results Pre-Market on Mar 25, 2025分析記事 • Feb 22There's No Escaping BitFuFu Inc.'s (NASDAQ:FUFU) Muted RevenuesBitFuFu Inc.'s ( NASDAQ:FUFU ) price-to-sales (or "P/S") ratio of 1.9x might make it look like a strong buy right now...お知らせ • Jan 08BitFuFu Inc. Unveils BitfufuOS Software Service to Boost Mining Revenue by Up to 20%BitFuFu Inc. announced the launch of its new software service, BitFuFuOS, which can increase mining overall earnings by up to 20%. By integrating miners, hosting, mining pools, and software services, BitFuFu aims to provide users with a seamless one-stop mining experience. Designed for ease of use, advanced customization, and flexibility, BitFuFuOS features a range of overclocking and underclocking modes, empowering miners to optimize operations on the fly, based on temperature conditions, power availability and market conditions. BitFuFuOS aims to enhance miner performance, boost efficiency, and maximize profitability and is compatible with 10 mainstream mining rigs including Antminer S21, Antminer T21, and Antminer S19 XP. The service is also supported by a professional team available to assist users and address issues promptly.Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improves as stock rises 19%After last week's 19% share price gain to US$5.96, the stock trades at a forward P/E ratio of 17x. Average trailing P/E is 40x in the Software industry in the US. Total loss to shareholders of 39% over the past three years.分析記事 • Dec 13We Think BitFuFu (NASDAQ:FUFU) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...お知らせ • Dec 02Bitfufu Inc. Enhances One-Click Mining User Experience with Upgraded Website and Mobile AppBitFuFu Inc. announced the launch of its upgraded website and mobile app, delivering a reimined one-click digital asset mining experience. The enhanced platform features an intuitive, user interface, faster navigation, and improved access to BitFuFu's products and services. These advancements reflect BitFuFu's dedication to innovation and its commitment to empowering users with cutting-edge, user-friendly solutions tailored to their needs. The upgrades introduce a broader range of flexible and convenient payment options. Users can now choose to pay service fees using FuFu loyalty points automatically deducted from their personal accounts or opt for manual payment methods. BitFuFu's platform now supports service fee payments in multiple digital assets, including BTC, USDT, and ETH, catering to the diverse needs of its user base. Celebrating the upgrade, BitFuFu is offering a special promotion for users of its "Miner Co-Hosting" product, which allows users to purchase miners and co-host them at BitFu's mining farm. Users can begin mining immediately after installation and earn mining profits throughout the hosting period. They also retain ownership of the miner after the hosting period ends, making Miner Co-Hosting a hassle-free way to participate in mining. BitFu-Miner Co-Hosting: explore the enhanced website and app now. New users can claim their miner co-hosting discount by downloading the BitFuFu app.お知らせ • Nov 17BitFuFu Inc. Announces the Resignation of Cheng Yao as DirectorBitFuFu Inc. announced changes in its board of directors (the “Board”). Mr. Cheng Yao has resigned from the Board, effective from November 14, 2024. With the above changes, the Board currently consists of five directors: Leo Lu, Celine Lu, Huaiyu Liu, Yeeli Hua Zheng and Joshua Kewei Cui.Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 27%After last week's 27% share price gain to US$5.80, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 41x in the Software industry in the US. Total loss to shareholders of 46% over the past year.分析記事 • Nov 07BitFuFu Inc.'s (NASDAQ:FUFU) 26% Jump Shows Its Popularity With InvestorsBitFuFu Inc. ( NASDAQ:FUFU ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...Reported Earnings • Nov 05Third quarter 2024 earnings released: US$0.031 loss per share (vs US$0.009 profit in 3Q 2023)Third quarter 2024 results: US$0.031 loss per share (down from US$0.009 profit in 3Q 2023). Revenue: US$90.3m (up 21% from 3Q 2023). Net loss: US$5.01m (down 475% from profit in 3Q 2023).お知らせ • Oct 30BitFuFu Inc. to Report Q3, 2024 Results on Nov 05, 2024BitFuFu Inc. announced that they will report Q3, 2024 results at 9:30 AM, US Eastern Standard Time on Nov 05, 2024Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improves as stock rises 19%After last week's 19% share price gain to US$4.60, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 40x in the Software industry in the US. Total loss to shareholders of 57% over the past year.Reported Earnings • Sep 25Second quarter 2024 earnings released: EPS: US$0.008 (vs US$0.031 in 2Q 2023)Second quarter 2024 results: EPS: US$0.008 (down from US$0.031 in 2Q 2023). Revenue: US$129.4m (up 70% from 2Q 2023). Net income: US$1.33m (down 74% from 2Q 2023). Profit margin: 1.0% (down from 6.7% in 2Q 2023). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$5.05, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 37x in the Software industry in the US. Total loss to shareholders of 53% over the past year.Reported Earnings • Aug 21Second quarter 2024 earnings released: EPS: US$0.008 (vs US$0.034 in 2Q 2023)Second quarter 2024 results: EPS: US$0.008 (down from US$0.034 in 2Q 2023). Revenue: US$129.4m (up 70% from 2Q 2023). Net income: US$1.33m (down 74% from 2Q 2023). Profit margin: 1.0% (down from 6.7% in 2Q 2023). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improves as stock rises 31%After last week's 31% share price gain to US$5.00, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 35x in the Software industry in the US. Total loss to shareholders of 53% over the past year.お知らせ • Aug 13BitFuFu Inc. to Report Q2, 2024 Results on Aug 20, 2024BitFuFu Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 20, 2024Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improves as stock rises 34%After last week's 34% share price gain to US$5.75, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 41x in the Software industry in the US. Total loss to shareholders of 46% over the past year.Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 74%After last week's 74% share price gain to US$6.10, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 40x in the Software industry in the US. Total loss to shareholders of 42% over the past year.Valuation Update With 7 Day Price Move • Jun 11Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to US$3.17, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 40x in the Software industry in the US. Total loss to shareholders of 70% over the past year.お知らせ • May 31BitFuFu Inc. Appoints Calla Zhao as Chief Financial OfficerBitFuFu Inc. announced the appointment of Ms. Calla Zhao as Chief Financial Officer, effective May 29, 2024. Ms. Calla Zhao has served as BitFuFu’s financial controller since September 2021. Prior to joining BitFuFu, she served as head of finance at GGG Limited, an investment division of a conglomerate, from 2017 to 2021, and as an auditor at KPMG from 2005 to 2011. Ms. Zhao is a CPA and earned a Bachelor of Arts in Management from Peking University with a major in accounting.分析記事 • May 21Is BitFuFu (NASDAQ:FUFU) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 21%After last week's 21% share price gain to US$3.45, the stock trades at a trailing P/E ratio of 53.6x. Average trailing P/E is 44x in the Software industry in the US. Total loss to shareholders of 67% over the past year.お知らせ • May 12BitFuFu Inc. to Report Q1, 2024 Results on May 20, 2024BitFuFu Inc. announced that they will report Q1, 2024 results Pre-Market on May 20, 2024Reported Earnings • Apr 29Full year 2023 earnings released: EPS: US$0.07 (vs US$0.016 in FY 2022)Full year 2023 results: EPS: US$0.07 (up from US$0.016 in FY 2022). Revenue: US$284.1m (up 43% from FY 2022). Net income: US$10.5m (up 330% from FY 2022). Profit margin: 3.7% (up from 1.2% in FY 2022). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Apr 19Investor sentiment deteriorates as stock falls 30%After last week's 30% share price decline to US$3.00, the stock trades at a trailing P/E ratio of 46.6x. Average trailing P/E is 41x in the Software industry in the US. Total loss to shareholders of 71% over the past year.Reported Earnings • Apr 14Full year 2023 earnings released: EPS: US$0.07 (vs US$0.015 in FY 2022)Full year 2023 results: EPS: US$0.07 (up from US$0.015 in FY 2022). Revenue: US$284.1m (up 43% from FY 2022). Net income: US$10.5m (up 330% from FY 2022). Profit margin: 3.7% (up from 1.2% in FY 2022). The increase in margin was driven by higher revenue.Board Change • Apr 05High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Cheng Yao is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Apr 04BitFuFu Inc. to Report Fiscal Year 2023 Results on Apr 11, 2024BitFuFu Inc. announced that they will report fiscal year 2023 results at 9:30 AM, US Eastern Standard Time on Apr 11, 2024財務状況分析短期負債: FUFUの 短期資産 ( $324.5M ) が 短期負債 ( $98.5M ) を超えています。長期負債: FUFUの短期資産 ( $324.5M ) が 長期負債 ( $109.5M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: FUFUの 純負債対資本比率 ( 54.2% ) は 高い と見なされます。負債の削減: FUFUの負債対資本比率は、過去 5 年間で0%から73.1%に増加しました。債務返済能力: FUFUの 営業キャッシュフロー はマイナスであるため、負債は十分にカバーされていません。インタレストカバレッジ: FUFUの負債に対する 利息支払い は EBIT ( 2.2 x coverage) によって 十分にカバーされていません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YSoftware 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/07 01:43終値2026/05/07 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋BitFuFu Inc. 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Nicholas GilesB. Riley Securities, Inc.Hunter DiamondDiamond Equity Research LLCKevin DedeH.C. Wainwright & Co.2 その他のアナリストを表示
分析記事 • Jan 05Would BitFuFu (NASDAQ:FUFU) Be Better Off With Less Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Dec 13We Think BitFuFu (NASDAQ:FUFU) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • May 21Is BitFuFu (NASDAQ:FUFU) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
ナラティブ更新 • May 04FUFU: Higher Margin Outlook Will Support Future P/E Re RatingAnalysts cut their average BitFuFu price target by about $2, reflecting lower revenue expectations, higher projected profit margins and a reduced assumed future P/E multiple. Analyst Commentary Recent research shows a split view on BitFuFu, with some analysts trimming targets and others lifting them, resulting in a modest net cut to the average price target.
ナラティブ更新 • Apr 18FUFU: Cloud And Self Mining Mix Will Support Higher Future EfficiencyNarrative Update The updated analyst price target for BitFuFu moves lower by about $2.50, as analysts factor in a sharply reduced revenue growth outlook, higher profit margin assumptions, and a reset to a lower forward P/E multiple. Analyst Commentary Recent Street research on BitFuFu shows a split view, with one firm lifting its price target by $2 and two firms cutting their targets by $3.
お知らせ • Apr 18BitFuFu Inc Launches Antminer S21 XP Hosted MiningBitFuFu Inc. announced it will return as a sponsor of Bitcoin 2026, taking place April 27-29, 2026, in Las Vegas, Nevada. BitFuFu has also launched a new hosted mining offering for the ANTMINER S21 XP at $9.50 per terahash per second (TH/s), with a hosting fee as low as $0.068/kWh. The ANTMINER S21 XP is among the most efficient Bitcoin miners currently available. Manufactured by Bitmain, the S21 XP delivers 270 TH/s, 3,645W power consumption, and 13.5 J/T energy efficiency. At $9.5/T, the hosted mining offering is designed to give individuals and institutions direct access to professional-grade Bitcoin mining infrastructure without the complexity of building it themselves. As with all BitFuFu hosted mining offerings, customers retain full ownership of their machines and receive all associated mining rewards. Units are deployed to North American facilities, supported by BitFuFu’s operations team with 24/7 maintenance, power and cooling management, and real-time performance monitoring. There are no lock-in periods or minimum hosting commitments. Daily mining revenue is sent directly to customers' wallet addresses. Orders for the ANTMINER S21 XP are available now through the BitFuFu website and via the BitFuFu App on the App Store and Google Play. BitFuFu will be on-site at Booth 863, where attendees can meet the team, explore BitFuFu’s full suite of mining services, and place orders for the S21 XP hosted mining package in person. BitFuFu’s one-stop platform integrates cloud mining, hosted mining, miner sales, proprietary firmware, mining pool services, and operational tools, offering miners at every level a single access to the full Bitcoin mining stack.
ナラティブ更新 • Apr 04FUFU: Stronger Margins And Bitcoin Output Will Support Higher Future P/EBitFuFu's updated analyst price target has been reduced by $2.50, reflecting a lower fair value estimate and higher discount rate. This comes even as analysts factor in weaker revenue expectations alongside a stronger projected profit margin and a less extreme future P/E assumption.
Price Target Changed • Mar 23Price target decreased by 16% to US$5.13Down from US$6.13, the current price target is an average from 4 analysts. New target price is 155% above last closing price of US$2.01. Stock is down 55% over the past year. The company is forecast to post earnings per share of US$0.17 next year compared to a net loss per share of US$0.35 last year.
ナラティブ更新 • Mar 21FUFU: Future P/E Expansion Will Highlight Strength Of Recent Bitcoin ProductionAnalysts have trimmed their price target on BitFuFu from about $7.25 to roughly $5.88, citing updated assumptions for fair value, a higher discount rate, more modest revenue growth, slimmer profit margins, and a much higher future P/E multiple in their models. What's in the News BitFuFu reported unaudited production results for February 2026, with 227 BTC mined in total, including 190 BTC from cloud mining and 37 BTC from self mining (company announcement).
Reported Earnings • Mar 20Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: US$0.35 loss per share (down from US$0.34 profit in FY 2024). Revenue: US$475.8m (up 2.7% from FY 2024). Net loss: US$57.5m (down 207% from profit in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings.
お知らせ • Mar 13BitFuFu Inc. to Report Fiscal Year 2025 Results on Mar 20, 2026BitFuFu Inc. announced that they will report fiscal year 2025 results Pre-Market on Mar 20, 2026
New Risk • Mar 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings are forecast to decline by an average of 30% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to US$2.05, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Software industry in the US. Total loss to shareholders of 80% over the past three years.
ナラティブ更新 • Mar 06FUFU: Future Bitcoin Production Mix Will Support Higher Forward P/EAnalysts have revised their price target for BitFuFu from $10.27 to $7.00, citing updates to fair value estimates, discount rate assumptions, revenue growth expectations, profit margin outlook and future P/E levels. What's in the News BitFuFu reported unaudited production for February 2026 of 227 BTC, including 190 BTC from cloud mining and 37 BTC from self mining (company announcement of operating results).
ナラティブ更新 • Feb 19FUFU: Cloud And Self Mining Mix Will Support Higher Future Earnings ProfileAnalysts have trimmed their BitFuFu price target to reflect a much higher assumed future P/E multiple, along with a sharply lower projected profit margin, shifting their view of how much investors may be willing to pay for the company’s earnings profile in dollar terms. What's in the News BitFuFu reported unaudited production for January 2026 of 229 BTC, with 183 BTC from cloud mining and 46 BTC from self mining (company announcement).
Valuation Update With 7 Day Price Move • Feb 17Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$2.21, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Software industry in the US. Total loss to shareholders of 78% over the past three years.
Price Target Changed • Feb 09Price target decreased by 16% to US$6.13Down from US$7.25, the current price target is an average from 4 analysts. New target price is 130% above last closing price of US$2.66. Stock is down 46% over the past year. The company is forecast to post earnings per share of US$0.27 for next year compared to US$0.34 last year.
ナラティブ更新 • Feb 05FUFU: Cloud And Self Mining Mix Will Support Stronger Future PerformanceAnalysts have trimmed their price target for BitFuFu to US$5.50, reflecting small adjustments to their assumptions on discount rate, revenue growth, profit margin, and future P/E that collectively point to a slightly more cautious outlook on the shares. What's in the News BitFuFu reported unaudited production results for December 2025, with 188 BTC mined in total, including 151 BTC from cloud mining and 37 BTC from self mining (company announcement).
ナラティブ更新 • Jan 22FUFU: Hosted Mining And Platform Scale Will Drive Stronger Future PerformanceAnalysts have trimmed their price target on BitFuFu to reflect a slightly lower assumed future P/E of about 11.12x, while keeping fair value around $5.50 as they factor in modest adjustments to the discount rate, revenue growth and profit margin assumptions. What's in the News Reported unaudited production for December 2025 of 188 BTC, with 151 BTC from cloud mining and 37 BTC from self mining, giving investors a recent snapshot of operational output.
分析記事 • Jan 15BitFuFu Inc. (NASDAQ:FUFU) Shares Fly 28% But Investors Aren't Buying For GrowthBitFuFu Inc. ( NASDAQ:FUFU ) shareholders are no doubt pleased to see that the share price has bounced 28% in the last...
ナラティブ更新 • Jan 07FUFU: Hosted Mining Platform Expansion Will Support Stronger Future PerformanceAnalysts have lifted their price target on BitFuFu to about US$5.50, reflecting updated assumptions that include slightly adjusted discount rates, higher projected revenue growth, a stronger profit margin outlook, and a lower future P/E multiple. What's in the News Reported unaudited November 2025 production of 231 BTC, including 190 BTC from cloud mining and 41 BTC from self mining, giving investors fresh monthly output data to track.
分析記事 • Jan 05Would BitFuFu (NASDAQ:FUFU) Be Better Off With Less Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$2.80, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Software industry in the US. Total loss to shareholders of 72% over the past three years.
Seeking Alpha • Dec 18BitFuFu: A Misunderstood Crypto Stock Poised For A BreakoutSummary BitFuFu is deeply undervalued versus peers, trading at a forward EV/Sales of 1.23x compared to RIOT's 9.31x and MARA's 7.62x. FUFU's cloud mining business provides revenue stability, positive net income since 2021, and acts as a hedge against Bitcoin volatility. Despite market concerns over supplier reliance and regulatory risks, BitFuFu is not exposed to U.S. cloud mining regulation and is misunderstood by the market. I expect a strong comeback for BitFuFu as crypto market fears appear overblown and institutional adoption of Bitcoin strengthens the sector's fundamentals. Read the full article on Seeking Alpha
ナラティブ更新 • Dec 15FUFU: Cloud Mining Platform Expansion Will Drive Stronger Future PerformanceAnalysts have trimmed their price target on BitFuFu from approximately $6.00 to $5.50, citing expectations for slower revenue growth, thinner profit margins, and a higher future valuation multiple. Together, these factors warrant a slightly more conservative fair value estimate.
New Risk • Nov 17New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings are forecast to decline by an average of 6.4% per year for the foreseeable future.
Reported Earnings • Nov 13Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$0.07 (up from US$0.031 loss in 3Q 2024). Revenue: US$180.7m (up 100% from 3Q 2024). Net income: US$11.5m (up US$16.6m from 3Q 2024). Profit margin: 6.4% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 40%. Earnings per share (EPS) also surpassed analyst estimates by 94%. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
分析記事 • Nov 13There's No Escaping BitFuFu Inc.'s (NASDAQ:FUFU) Muted EarningsWith a price-to-earnings (or "P/E") ratio of 10.1x BitFuFu Inc. ( NASDAQ:FUFU ) may be sending bullish signals at the...
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to US$2.92, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Software industry in the US. Total loss to shareholders of 71% over the past three years.
お知らせ • Nov 05BitFuFu Inc. to Report Q3, 2025 Results on Nov 12, 2025BitFuFu Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 12, 2025
お知らせ • Oct 28BitFuFu Inc. Launches ANTMINER S21+ Hyd. Hosted Mining at $15.3/THBitFuFu Inc. announced offering of the ANTMINER S21+ Hyd. Bitcoin miners for purchase and hosting through BitFuFu's platform. As part of this hosted mining offering, BitFuFu is providing a special rate of $15.3 per terahash (TH/s), with hosting fee as low as $0.078/kWh--a compelling opportunity for miners preparing for the Bitcoin bull market. The service is open to customers worldwide, especially those in the United States. Customers can place orders directly via the BitFuFu website or the BitFuFu App, available on both the App Store and Google Play. Hosted mining refers to physical mining machines that are fully installed, powered, and operating within professional mining facilities. Once customers purchase a miner through the BitFuFu platform, the machine will be deployed in mining facilities, where facility operators oversee all day-to-day operations, including power supply, cooling, network management, and maintenance. Customers retain full ownership of their miners and the associated Bitcoin mining rewards, with complete flexibility and no lock-in periods or minimum hosting commitments. The ANTMINER S21 + Hyd., manufactured by BITMAIN, is a high-performance Bitcoin mining machine designed for hydro-cooled operations. It delivers a hashrate of 358 TH/s at 5370 W, achieving an energy efficiency of 15 J/TH. With a current shutdown price as low as $65,000, this model delivers an exceptionally long operational cycle. It is particularly well-suited for large-scale mining deployments and long-term customers seeking a reliable, efficient solution. Advantages of choosing BitFuFu's hosted mining service include: Daily mining revenue automatically sent to customers' wallet address. Hosting in top-tier North American facilities with 24/7 expert maintenance. One-click deployment and real-time earnings tracking. BitFuFu's hosted Mining service, first launched in July 2025, further strengthens the Company's one-stop platform for comprehensive Bitcoin mining solutions. The platform now integrates cloud mining, miner sales, proprietary firmware, mining pool services, and other operational tools, helping miners worldwide lower startup costs and streamline their mining experience. As of September 30, 2025, BitFuFu managed 36.0 EH/s of total hashrate, 624 MW of power capacity, served more than 641,000 users, and held 1,959 BTC.
Valuation Update With 7 Day Price Move • Sep 12Investor sentiment improves as stock rises 19%After last week's 19% share price gain to US$4.23, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Software industry in the US. Total loss to shareholders of 57% over the past three years.
Reported Earnings • Aug 17Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: US$0.29 (up from US$0.008 in 2Q 2024). Revenue: US$115.4m (down 11% from 2Q 2024). Net income: US$47.1m (up US$45.8m from 2Q 2024). Profit margin: 41% (up from 1.0% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
お知らせ • Jul 31BitFuFu Inc. to Report Q2, 2025 Results on Aug 15, 2025BitFuFu Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 15, 2025
分析記事 • Jul 24Investors Still Aren't Entirely Convinced By BitFuFu Inc.'s (NASDAQ:FUFU) Revenues Despite 28% Price JumpThose holding BitFuFu Inc. ( NASDAQ:FUFU ) shares would be relieved that the share price has rebounded 28% in the last...
お知らせ • Jul 24BitFuFu Inc. Launches High-Performance Bitcoin Mining Pool with Cutting-Edge TechnologiesBitFuFu Inc. has announced the significant achievement of its private-label Bitcoin mining pool, BitFuFuPool, which has surpassed 20 exahashes per second (EH/s) in hashrate. This milestone, reached just eight months after its public launch, places BitFuFuPool among the top 11 largest Bitcoin mining pools worldwide. The pool adopts a Full Pay-Per-Share (FPPS) reward model, offering a competitive commission rate starting as low as 0%. This model guarantees miners a fixed payout for their contributed hashrate, regardless of whether the pool successfully mines a block. The pool's rapid growth is supported by cutting-edge technologies such as BitFuFuOS and the Aladdin management system, which help miners maximize the efficiency of their machines and automatically allocate hashrate based on real-time network conditions, improving overall mining performance.
お知らせ • Jun 11BitFuFu Inc. has filed a Follow-on Equity Offering in the amount of $150 million.BitFuFu Inc. has filed a Follow-on Equity Offering in the amount of $150 million. Security Name: Class A Ordinary Shares Security Type: Common Stock Transaction Features: At the Market Offering
New Risk • Jun 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.4% Last year net profit margin: 12% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin).
Reported Earnings • Jun 06First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: US$0.10 loss per share (down from US$0.23 profit in 1Q 2024). Revenue: US$78.0m (down 46% from 1Q 2024). Net loss: US$16.9m (down 148% from profit in 1Q 2024). Revenue missed analyst estimates by 32%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings.
お知らせ • May 29BitFuFu Inc. to Report Q1, 2025 Results on Jun 05, 2025BitFuFu Inc. announced that they will report Q1, 2025 results Pre-Market on Jun 05, 2025
Valuation Update With 7 Day Price Move • Apr 30Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$3.35, the stock trades at a forward P/E ratio of 12x. Average trailing P/E is 32x in the Software industry in the US. Total loss to shareholders of 66% over the past three years.
新しいナラティブ • Apr 29Owning Data Centers And Power Assets Will Cut Hosting Costs Transition to owning data center assets and low-cost power facilities aims to enhance operational efficiency and lower Bitcoin mining costs, boosting profitability.
分析記事 • Apr 26Lacklustre Performance Is Driving BitFuFu Inc.'s (NASDAQ:FUFU) 29% Price DropBitFuFu Inc. ( NASDAQ:FUFU ) shareholders that were waiting for something to happen have been dealt a blow with a 29...
Valuation Update With 7 Day Price Move • Apr 01Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to US$4.53, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 5x in the Software industry in the US. Total loss to shareholders of 54% over the past three years.
Reported Earnings • Mar 25Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: US$0.34 (up from US$0.07 in FY 2023). Revenue: US$463.3m (up 63% from FY 2023). Net income: US$54.0m (up 414% from FY 2023). Profit margin: 12% (up from 3.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 31%. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
お知らせ • Mar 17BitFuFu Inc. to Report Q4, 2024 Results on Mar 25, 2025BitFuFu Inc. announced that they will report Q4, 2024 results Pre-Market on Mar 25, 2025
分析記事 • Feb 22There's No Escaping BitFuFu Inc.'s (NASDAQ:FUFU) Muted RevenuesBitFuFu Inc.'s ( NASDAQ:FUFU ) price-to-sales (or "P/S") ratio of 1.9x might make it look like a strong buy right now...
お知らせ • Jan 08BitFuFu Inc. Unveils BitfufuOS Software Service to Boost Mining Revenue by Up to 20%BitFuFu Inc. announced the launch of its new software service, BitFuFuOS, which can increase mining overall earnings by up to 20%. By integrating miners, hosting, mining pools, and software services, BitFuFu aims to provide users with a seamless one-stop mining experience. Designed for ease of use, advanced customization, and flexibility, BitFuFuOS features a range of overclocking and underclocking modes, empowering miners to optimize operations on the fly, based on temperature conditions, power availability and market conditions. BitFuFuOS aims to enhance miner performance, boost efficiency, and maximize profitability and is compatible with 10 mainstream mining rigs including Antminer S21, Antminer T21, and Antminer S19 XP. The service is also supported by a professional team available to assist users and address issues promptly.
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improves as stock rises 19%After last week's 19% share price gain to US$5.96, the stock trades at a forward P/E ratio of 17x. Average trailing P/E is 40x in the Software industry in the US. Total loss to shareholders of 39% over the past three years.
分析記事 • Dec 13We Think BitFuFu (NASDAQ:FUFU) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
お知らせ • Dec 02Bitfufu Inc. Enhances One-Click Mining User Experience with Upgraded Website and Mobile AppBitFuFu Inc. announced the launch of its upgraded website and mobile app, delivering a reimined one-click digital asset mining experience. The enhanced platform features an intuitive, user interface, faster navigation, and improved access to BitFuFu's products and services. These advancements reflect BitFuFu's dedication to innovation and its commitment to empowering users with cutting-edge, user-friendly solutions tailored to their needs. The upgrades introduce a broader range of flexible and convenient payment options. Users can now choose to pay service fees using FuFu loyalty points automatically deducted from their personal accounts or opt for manual payment methods. BitFuFu's platform now supports service fee payments in multiple digital assets, including BTC, USDT, and ETH, catering to the diverse needs of its user base. Celebrating the upgrade, BitFuFu is offering a special promotion for users of its "Miner Co-Hosting" product, which allows users to purchase miners and co-host them at BitFu's mining farm. Users can begin mining immediately after installation and earn mining profits throughout the hosting period. They also retain ownership of the miner after the hosting period ends, making Miner Co-Hosting a hassle-free way to participate in mining. BitFu-Miner Co-Hosting: explore the enhanced website and app now. New users can claim their miner co-hosting discount by downloading the BitFuFu app.
お知らせ • Nov 17BitFuFu Inc. Announces the Resignation of Cheng Yao as DirectorBitFuFu Inc. announced changes in its board of directors (the “Board”). Mr. Cheng Yao has resigned from the Board, effective from November 14, 2024. With the above changes, the Board currently consists of five directors: Leo Lu, Celine Lu, Huaiyu Liu, Yeeli Hua Zheng and Joshua Kewei Cui.
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 27%After last week's 27% share price gain to US$5.80, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 41x in the Software industry in the US. Total loss to shareholders of 46% over the past year.
分析記事 • Nov 07BitFuFu Inc.'s (NASDAQ:FUFU) 26% Jump Shows Its Popularity With InvestorsBitFuFu Inc. ( NASDAQ:FUFU ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...
Reported Earnings • Nov 05Third quarter 2024 earnings released: US$0.031 loss per share (vs US$0.009 profit in 3Q 2023)Third quarter 2024 results: US$0.031 loss per share (down from US$0.009 profit in 3Q 2023). Revenue: US$90.3m (up 21% from 3Q 2023). Net loss: US$5.01m (down 475% from profit in 3Q 2023).
お知らせ • Oct 30BitFuFu Inc. to Report Q3, 2024 Results on Nov 05, 2024BitFuFu Inc. announced that they will report Q3, 2024 results at 9:30 AM, US Eastern Standard Time on Nov 05, 2024
Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improves as stock rises 19%After last week's 19% share price gain to US$4.60, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 40x in the Software industry in the US. Total loss to shareholders of 57% over the past year.
Reported Earnings • Sep 25Second quarter 2024 earnings released: EPS: US$0.008 (vs US$0.031 in 2Q 2023)Second quarter 2024 results: EPS: US$0.008 (down from US$0.031 in 2Q 2023). Revenue: US$129.4m (up 70% from 2Q 2023). Net income: US$1.33m (down 74% from 2Q 2023). Profit margin: 1.0% (down from 6.7% in 2Q 2023). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$5.05, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 37x in the Software industry in the US. Total loss to shareholders of 53% over the past year.
Reported Earnings • Aug 21Second quarter 2024 earnings released: EPS: US$0.008 (vs US$0.034 in 2Q 2023)Second quarter 2024 results: EPS: US$0.008 (down from US$0.034 in 2Q 2023). Revenue: US$129.4m (up 70% from 2Q 2023). Net income: US$1.33m (down 74% from 2Q 2023). Profit margin: 1.0% (down from 6.7% in 2Q 2023). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improves as stock rises 31%After last week's 31% share price gain to US$5.00, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 35x in the Software industry in the US. Total loss to shareholders of 53% over the past year.
お知らせ • Aug 13BitFuFu Inc. to Report Q2, 2024 Results on Aug 20, 2024BitFuFu Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 20, 2024
Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improves as stock rises 34%After last week's 34% share price gain to US$5.75, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 41x in the Software industry in the US. Total loss to shareholders of 46% over the past year.
Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 74%After last week's 74% share price gain to US$6.10, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 40x in the Software industry in the US. Total loss to shareholders of 42% over the past year.
Valuation Update With 7 Day Price Move • Jun 11Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to US$3.17, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 40x in the Software industry in the US. Total loss to shareholders of 70% over the past year.
お知らせ • May 31BitFuFu Inc. Appoints Calla Zhao as Chief Financial OfficerBitFuFu Inc. announced the appointment of Ms. Calla Zhao as Chief Financial Officer, effective May 29, 2024. Ms. Calla Zhao has served as BitFuFu’s financial controller since September 2021. Prior to joining BitFuFu, she served as head of finance at GGG Limited, an investment division of a conglomerate, from 2017 to 2021, and as an auditor at KPMG from 2005 to 2011. Ms. Zhao is a CPA and earned a Bachelor of Arts in Management from Peking University with a major in accounting.
分析記事 • May 21Is BitFuFu (NASDAQ:FUFU) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 21%After last week's 21% share price gain to US$3.45, the stock trades at a trailing P/E ratio of 53.6x. Average trailing P/E is 44x in the Software industry in the US. Total loss to shareholders of 67% over the past year.
お知らせ • May 12BitFuFu Inc. to Report Q1, 2024 Results on May 20, 2024BitFuFu Inc. announced that they will report Q1, 2024 results Pre-Market on May 20, 2024
Reported Earnings • Apr 29Full year 2023 earnings released: EPS: US$0.07 (vs US$0.016 in FY 2022)Full year 2023 results: EPS: US$0.07 (up from US$0.016 in FY 2022). Revenue: US$284.1m (up 43% from FY 2022). Net income: US$10.5m (up 330% from FY 2022). Profit margin: 3.7% (up from 1.2% in FY 2022). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment deteriorates as stock falls 30%After last week's 30% share price decline to US$3.00, the stock trades at a trailing P/E ratio of 46.6x. Average trailing P/E is 41x in the Software industry in the US. Total loss to shareholders of 71% over the past year.
Reported Earnings • Apr 14Full year 2023 earnings released: EPS: US$0.07 (vs US$0.015 in FY 2022)Full year 2023 results: EPS: US$0.07 (up from US$0.015 in FY 2022). Revenue: US$284.1m (up 43% from FY 2022). Net income: US$10.5m (up 330% from FY 2022). Profit margin: 3.7% (up from 1.2% in FY 2022). The increase in margin was driven by higher revenue.
Board Change • Apr 05High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Cheng Yao is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Apr 04BitFuFu Inc. to Report Fiscal Year 2023 Results on Apr 11, 2024BitFuFu Inc. announced that they will report fiscal year 2023 results at 9:30 AM, US Eastern Standard Time on Apr 11, 2024
