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BitFuFu Announces Full Year 2024 Unaudited Financial Results
BitFuFu (NASDAQ: FUFU) announced its unaudited full year 2024 financial results, reporting a 63.1% increase in total revenue to US$463.3 million, a 414.3% increase in net income to US$54.0 million, and a 181.8% increase in adjusted EBITDA to US$117.5 million. They also reported increased cloud-mining registered users, mining capacity, and hosting capacity. Bitcoin production from self-mining and cloud-mining solutions decreased, while BTC owned by the company increased.
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