Bitcoin mining firm BitFuFu announced its unaudited financial results for Q1 2026, revealing a total revenue of $72.66 million. The company's cloud computing power revenue was $57.5 million, making up 79.1% of the total, while self-mining contributed $11.4 million. BitFuFu's managed hash rate grew to 25.9 EH/s, a 25.7% increase year-over-year, with power capacity reaching 457 MW.
Despite operational advancements, BitFuFu reported an adjusted EBITDA loss of $34.4 million, largely due to a $35.6 million fair value loss from Bitcoin price declines. The company ended the quarter with $141.5 million in cash, cash equivalents, and digital assets, including 1,794 Bitcoin.
BitFuFu Reports $72.66M Revenue in Q1 2026, Holds 1,794 BTC
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