BitFuFu's Q3 Revenue Soars as Increased Bitcoin Prices Drive Demand for Miners

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

CLOUD-7.28%

BTC-1.067%

AI-3.284%

Source: Coinmarketcap

Updated: Nov 13 2025

Revenue Growth: BitFuFu's third-quarter revenue doubled to $180.7 million, driven by a surge in demand for cloud mining and equipment sales, with cloud mining contributing $122 million.
User and Equipment Sales Increase: The number of cloud mining users rose over 40% to 641,526, and mining equipment sales skyrocketed to $35 million from just $0.3 million the previous year.
Self-Mining Contribution: BitFuFu continues to benefit from self-mining operations, having mined 174 Bitcoin in Q3 and increasing its total holdings by 19% to 1,962 coins.
Market Trends: The company attributes its growth to the rising Bitcoin prices and a strategic dual-engine model that combines cloud mining revenue with self-mining, allowing for better management of market volatility.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

BitFuFu's Q3 Revenue Soars as Increased Bitcoin Prices Drive Demand for Miners

About the author

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