v3.25.2
Unaudited Interim Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Total revenues $ 193,439 $ 273,832
Cost of revenues    
Total cost of revenues (174,127) (241,152)
Gross profit 19,312 32,680
Operating expenses    
Sales and marketing expenses (1,107) (968)
General and administrative expenses (4,093) (3,326)
Research and development expenses (751) (734)
Unrealized gain on digital asset receivables or payables 5,170
Unrealized gain/(loss) on digital assets 15,074 (4,603)
Realized gain on sales of digital assets 2,426 22,982
Total operating income, net 16,719 13,351
Operating income 36,031 46,031
Investment income 250
Interest expense (4,283) (3,056)
Interest income 1,092 1,118
Other (expenses)/income, net (143) (15)
Income before income taxes 32,947 44,078
Income tax expense (2,620) (7,439)
Net income and total comprehensive income 30,327 36,639
Less: Net income attributable to non-controlling interests (74)
Total Comprehensive income attributable to ordinary shareholders of BitFuFu $ 30,253 $ 36,639
Weighted average shares outstanding used in calculating basic and diluted earnings per share:    
Ordinary shares – basic (in Shares) 163,186,914 159,525,286
Ordinary shares –diluted (in Shares) 168,569,206 163,153,129
Earnings per share:    
Ordinary shares – basic (in Dollars per share) $ 0.19 $ 0.23
Ordinary shares –diluted (in Dollars per share) $ 0.18 $ 0.22
Related Party    
Cost of revenues    
Total cost of revenues $ (89,002) $ (88,989)
Third Parties    
Cost of revenues    
Total cost of revenues (71,663) (139,969)
Depreciation and Amortization    
Cost of revenues    
Total cost of revenues $ (13,462) $ (12,194)