BitFuFu - About the company
BitFuFu is a public company based in Shanghai (China), founded in 2020. It operates as a Cloud mining platform for cryptocurrencies. BitFuFu has raised an undisclosed amount in funding from BITMAIN. The company has 535 active competitors, including 30 funded and 24 that have exited. Its top competitors include companies like Bitdeer, Pi Network and Core Scientific.
Company Details
Cloud mining platform for cryptocurrencies. It mines cryptocurrency utilizing a remote data center with shared processing power. It supports currencies such as BTC and ETH.
- Website
- bitfufu.com
Key Metrics
Founded Year
2020
Location
Shanghai, China
Stage
Public
Latest Funding Round
Investors
Ranked
8th among 535 active competitors
Employee Count
20 as on Sep 30, 2026
Exit Details
Public
BitFuFu's IPO details
BitFuFu got listed on Mar 01, 2024.
Click here to take a look at BitFuFu's IPO in detail
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BitFuFu's funding and investors
BitFuFu has raised funding over 3 rounds. Its first funding round was on Apr 08, 2021. BitFuFu has 1 institutional investor.
Here is the list of recent funding rounds of BitFuFu:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 09, 2025 | 5278734 | Post IPO | 2643360 | 4704129 | 4611916 | 8730592 |
Jun 16, 2025 | 7096356 | Post IPO | 1786210 | 3547176 | 7896671 | 2870583 |
Apr 08, 2021 | 9707976 | Seed | 6382851 | 3630613 | 3893126 |
View details of BitFuFu's funding rounds and investors
BitFuFu's founders and board of directors
Founder? Claim ProfileBitFuFu's employee count trend
BitFuFu has 20 employees as of Sep 26. Here is BitFuFu's employee count trend over the years:
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BitFuFu's Competitors and alternates
Top competitors of BitFuFu include Bitdeer, Pi Network and Core Scientific. Here is the list of Top 10 competitors of BitFuFu, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of pool mining solutions for cryptocurrency | $12M | 70/100 | ||
2nd | Pi Network 2019, Palo Alto (United States), Seed | Provider of blockchain-based platform offering to mine coins | - | 67/100 | |
3rd | Core Scientific 2017, Bellevue (United States), Acquired | AI and blockchain-based infrastructure and software solutions | $49M | 64/100 | |
4th | Rated 2020, London (United Kingdom), Acquired | Validator rating platform for Beacon chain | $15.3M | 63/100 | |
5th | Riot Platforms 2000, Castle Rock (United States), Acquired | Platform offering bitcoin mining solutions | - | 62/100 | |
6th | Blockchain and cryptocurrency mining platform | $172K | 59/100 | ||
7th | Cloud mining solutions for cryptocurrency | - | 58/100 | ||
8th | Cloud mining platform for cryptocurrencies | - | 56/100 | ||
9th | Multipli 2023, San Francisco (United States), Series A | Platform providing cross-chain secure yield farming solutions | $21.5M | 53/100 | |
10th | OneMiners 2021, Austin (United States), Unfunded | ASIC miner hosting and crypto miner seller | - | - | 53/100 |
Looking for more details on BitFuFu's competitors? Click here to see the top ones
BitFuFu's Investments and acquisitions
BitFuFu has made no investments or acquisitions yet.
Reports related to BitFuFu
Here is the latest report on BitFuFu's sector:
News related to BitFuFu
Media has covered BitFuFu for a total of 25 events in the last 1 year, 10 of them have been about company updates.
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BitFuFu Launches BTC-Denominated Hashrate Token (HASH) with FinloopFinancial Post•Oct 15, 2026•Finloop, BitFuFu
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BitFuFu Announces September 2026 Bitcoin Production and Operational UpdatesFinancial Post•Oct 14, 2026•BitFuFu
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BitFuFu Announces August 2026 Bitcoin Production and Operational UpdatesFinancial Post•Sep 03, 2026•BitFuFu
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BitFuFu GAAP EPS of -$0.12 misses by $0.11, revenue of $42.8M (FUFU:NASDAQ)Seeking Alpha•Aug 17, 2026•BitFuFu
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BitFuFu to Report Second Quarter 2026 Unaudited Financial Results on August 17, 2026Financial Post•Aug 10, 2026•BitFuFu
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BitFuFu Announces July 2026 Bitcoin Production and Operational UpdatesFinancial Post•Aug 07, 2026•BitFuFu
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BitFuFu Announces June 2026 Bitcoin Production and Operational UpdatesGlobeNewswire•Jul 10, 2026•BitFuFu
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BitFuFu Named to TIME’s World’s Growth Leaders 2026 and Fortune Southeast Asia 500Financial Post•Jul 09, 2026•BitFuFu
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RSU vesting gives Bitfufu (FUFU) director 17,500 Class A ordinary sharesStocktitan•Jul 01, 2026•BitFuFu
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