Bitfufu Inc. (FUFU)
Bitfufu Inc. reported revenue of $477.5M in fiscal 2025, up 3.1% from a year earlier. It posted a net loss of $31.3M. At December 31, 2025 it held $27.8M in cash against $15M of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 28, 2026.
Key facts about Bitfufu Inc.
- Net worth
- Bitfufu Inc. has a market value (market cap) of $159.2M at the latest share price, and shareholders' equity of $149.6M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $477.5M (+3.1% year on year), with a net loss of $31.3M.
- Cash flow
- In fiscal 2025 operations used $112.9M of cash.
- Latest report
- The latest periodic report (annual report (foreign issuer), 20-F) was filed with the SEC on April 28, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR
What Bitfufu Inc. does
Bitfufu Inc. is registered with the SEC under industry code SIC 6199 (Finance Services). Its shares trade on NASDAQ under the ticker FUFU.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $477.5M | -$31.3M | -$0.18 | n/a |
| 2024 | $463.3M | $54M | $0.33 | n/a |
| 2023 | $284.1M | $10.5M | $0.07 | n/a |
| 2023 | $198.2M | $2.4M | $0.02 | n/a |
| 2021 | $103M | $4.9M | $0.03 | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where FUFU ranks in Finance
Latest SEC filings
What Bitfufu Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 6, 2026
- October 15, 2026
- October 13, 2026
- September 29, 2026
- September 10, 2026
- September 3, 2026
- August 17, 2026
- August 7, 2026
- July 10, 2026
- June 22, 2026
Insider trades
What the people running Bitfufu Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| July 1, 2026 | Liu HuaiyuDirector | Exercised options | 17,500 | - |
| July 1, 2026 | Lu CelineSenior Vice President, Director | Exercised options | 120,000 | - |
| July 1, 2026 | Cui Joshua KeweiDirector | Exercised options | 17,500 | - |
| July 1, 2026 | Zhao CallaChief Financial Officer | Exercised options | 56,000 | - |
| July 1, 2026 | Zheng Yeeli HuaDirector | Exercised options | 17,500 | - |
Who owns FUFU
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Liang (Leo) Lu13D, may seek influence with 1 related filers | 82.8% | March 7, 2024 |
| Morgan Stanley I.R.S. # 36-3145972 --------------------------------------------------------------------------------13G, passive | 5.5% | November 14, 2024 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 16 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 554,865 | +76,413 |
| Vident Advisory, LLC | 187,989 | +14,335 |
| Renaissance Technologies LLC | 85,200 | +28,053 |
| Geode Capital Management, LLC | 26,958 | +9,627 |
| Millennium Management LLC | 21,920 | new |
| Jane Street Group, LLC | 19,326 | new |
| Engineers Gate Manager LP | 16,969 | new |
| UBS Group AG | 13,070 | -4,717 |
| Morgan Stanley | 3,018 | +390 |
| Osaic Holdings, Inc. | 1,200 | 0 |
| BlackRock, Inc. | 1,052 | 0 |
| Tower Research Capital LLC (TRC) | 513 | new |
| SBI Securities Co., Ltd. | 302 | -153 |
| Cambridge Investment Research Advisors, Inc. | 57,000 | +34,691 |
| Caitong International Asset Management Co., Ltd | 3 | new |
| Royal Bank of Canada | 28 | +4 |
Insiders
5 insiders reported holding 1,685,000 shares in total, about $1.6M at the last price.
| Holder | Shares |
|---|---|
| Lu CelineSenior Vice President, Director | 1,141,500 |
| Zhao CallaChief Financial Officer | 491,000 |
| Cui Joshua KeweiDirector | 17,500 |
| Zheng Yeeli HuaDirector | 17,500 |
| Liu HuaiyuDirector | 17,500 |
Questions about FUFU
What does Bitfufu Inc. do?
Bitfufu Inc. is a company in the Finance sector, listed on NASDAQ as FUFU. Its shares trade on NASDAQ under the ticker FUFU.
What is Bitfufu Inc.'s net worth?
Bitfufu Inc. has a market value (market cap) of $159.2M at the latest share price, and shareholders' equity of $149.6M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Bitfufu Inc. profitable?
No. In fiscal 2025 it reported a net loss of $31.3M on revenue of $477.5M.
How much revenue does Bitfufu Inc. make?
In fiscal 2025 Bitfufu Inc. reported revenue of $477.5M. That is 3.1% more than a year earlier.
When did Bitfufu Inc. last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 28, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from November 6, 2026.
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Where the numbers come from
Financial figures are the values Bitfufu Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.