BitFuFu cuts self-mined Bitcoin in 2025, shifts focus to cloud mining

BitFuFu’s 2025 results showed a crisp displacement successful its concern mix, with unreality mining overtaking self-mining arsenic the company’s main gross driver.

The Singapore-based Bitcoin (BTC) miner reported $475.8 cardinal successful gross for 2025, up 2.7% from a twelvemonth earlier.

Its self-mining output fell to 611 BTC from 2,537 BTC successful 2024, a driblet of 76%, portion its Bitcoin holdings edged up to 1,778 BTC from 1,720 BTC a twelvemonth earlier.

The institution attributed the alteration to weaker Bitcoin net per terahash, higher mining trouble and a reduced stock of hashrate allocated to self-mining, arsenic it leaned much heavy connected cloud-mining products.

BitFuFu said it reallocated hashrate distant from self-mining and toward unreality mining implicit a 52% diminution successful Bitcoin regular net per terahash owed to higher mining trouble and a 47% simplification successful hashrate allocated to self-mining, which were partially offset by rising prices successful 2025.

Source: BitFuFu

BitFuFu said it shifted hashrate distant from self-mining to amended superior ratio and marque gross much predictable.

Revenue from self-mining fell astir 60% to $63.1 cardinal successful 2025 from $157.5 cardinal a twelvemonth earlier.

Cloud mining overtakes self-mining

Cloud mining gross accounted for astir 74% of BitFuFu’s revenues successful 2025, amounting to $350.6 million. In contrast, unreality mining accounted for 58.5% of gross successful 2024, erstwhile the conception generated $271 million.

The institution reported 3,662 BTC successful combined yearly accumulation crossed its self-mining operations and lawsuit cloud-mining activity, including 611 BTC from self-mining and 3,051 BTC produced by cloud-mining customers.

Source: BitFuFu

BitFuFu said it besides accrued mining instrumentality sales, which roseate 76% year-over-year to $53.7 million.

BitFuFu outlines 2026 priorities

Although BitFuFu accrued its Bitcoin holdings by conscionable 58 BTC past year, the institution said it remains committed to expanding its BTC treasury successful 2026.

“Looking up to 2026, we volition standard our unreality mining business, grow hashrate and powerfulness capableness with discipline, and proceed gathering our Bitcoin treasury,” the institution said successful a connection connected X.

Source: BitFuFu

BitFuFu CEO Leo Lu said that the institution volition absorption connected acquiring mining infrastructure successful 2026 and volition support reviewing imaginable concern opportunities arsenic portion of its vertical integration strategy.

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