星球日报|May 29, 2026 12:33
**[BitFuFu Releases 2026 Q1 Financial Report: Revenue Reaches $72.66 Million, Holding 1,794 Bitcoins at Quarter-End]**
Odaily Planet Daily News – Nasdaq-listed Bitcoin mining company BitFuFu has released its unaudited financial report for the first quarter ending March 31, 2026. The report shows that the company achieved total quarterly revenue of $72.66 million, with cloud mining services contributing $57.5 million, accounting for approximately 79.1% of total revenue, continuing to serve as the core revenue source. Self-mining operations generated $11.4 million, representing 15.7%, while hosting and other business revenues also saw year-over-year growth.
On the operational side, the company’s total managed hash rate increased to 25.9 EH/s, a year-over-year growth of 25.7%, and its power capacity reached 457 MW. During the first quarter, the company continued to optimize its mining fleet structure, disposing of outdated machines and advancing the deployment of next-generation high-efficiency equipment, further enhancing overall operational efficiency and cost competitiveness.
Financially, the company reported an adjusted EBITDA of negative $34.4 million, primarily impacted by a $35.6 million fair value loss due to the decline in Bitcoin prices. As of the end of the quarter, the company held a total of $141.5 million in cash, cash equivalents, and digital assets, including 1,794 Bitcoins.
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