When was BitFuFu founded?

BitFuFu was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is BitFuFu located?

BitFuFu is headquartered in Shanghai, China.

How many employees does BitFuFu have?

As of Jun 30, 2026, the latest employee count at BitFuFu is 22.

Is BitFuFu a funded company?

BitFuFu is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 08, 2021.

When was the latest funding round of BitFuFu?

BitFuFu's latest funding was a $***** Post IPO round on Oct 09, 2025, with participation from 0 investor.

Where does BitFuFu rank among its competitors?

BitFuFu ranks 9th amongst 473 active competitors, of which 30 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Bitfarms, which secured $588M in Oct, 2025.

Who are the top competitors of BitFuFu?

BitFuFu's top competitors include Bitdeer, Pi Network and Riot Platforms. Among them, Bitfarms secured the most recent funding round in October, 2025.

BitFuFu - 2026 Company Profile, Funding & Competitors

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 473 active competitors, including 30 funded and 24 that have exited. Its top competitors include companies like Bitdeer, Pi Network and Riot Platforms.

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
Social

Key Metrics

Founded Year

2020

Location

Shanghai, China

Stage

Public

Latest Funding Round

Post IPO, Oct 09, 2025, $*****

Investors

BITMAIN

Ranked

9^th among 473 active competitors

Employee Count

22 as on Jun 30, 2026

Similar Companies

Bitdeer & 1645 more

Exit Details

Public

View BitFuFu's full profile

BitFuFu got listed on Mar 01, 2024.

Click here to take a look at BitFuFu's IPO in detail

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	4202825	Post IPO	7537487	6847859	3552133	4021177
Jun 16, 2025	8382881	Post IPO	2017399	1878152	4807020	3042932
Apr 08, 2021	8161552	Seed	8756526	7699866	BITMAIN	8239605

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View details of BitFuFu's funding rounds and investors

BitFuFu's employee count trend

BitFuFu has 22 employees as of Jun 26. Here is BitFuFu's employee count trend over the years:

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Top competitors of BitFuFu include Bitdeer, Pi Network and Riot Platforms. Here is the list of Top 10 competitors of BitFuFu, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bitdeer 2013, Singapore (Singapore), Public	Developer of pool mining solutions for cryptocurrency	$12M	Genimous Technology, Tether & 1 others	70/100
2nd	Pi Network 2019, Palo Alto (United States), Seed	Provider of blockchain-based platform offering to mine coins	-	137 Ventures, Ulu Ventures & 1 others	68/100
3rd	Riot Platforms 2000, Castle Rock (United States), Acquired	Platform offering bitcoin mining solutions	-	Fidelity Investments, BlackRock & 9 others	62/100
4th	Core Scientific 2017, Bellevue (United States), Acquired	AI and blockchain-based infrastructure and software solutions	$49M	BITMAIN, Ibex Investors & 5 others	61/100
5th	Rated 2020, London (United Kingdom), Acquired	Validator rating platform for Beacon chain	$15.3M	Archetype, 1confirmation & 7 others	59/100
6th	DMG 2016, Vancouver (Canada), Public	Blockchain and cryptocurrency mining platform	$172K	Amasia, Plug and Play Tech Center & 3 others	59/100
7th	Bitfarms 2017, Toronto (Canada), Public	Cloud mining solutions for cryptocurrency	-	Vermögensclub, Dominion Capital & 1 others	58/100
8th	Genesis Digital Assets 2021, New York City (United States), Series D	Provider of profitable bitcoin mining operation services	$556M	Paradigm, Ribbit Capital & 7 others	57/100
9th	BitFuFu 2020, Shanghai (China), Public	Cloud mining platform for cryptocurrencies	-	BITMAIN	56/100
10th	Vogogo 2008, Calgary (Canada), Public	Bitcoin mining company	$8.5M	Cormark Securities, Planet Ventures & 5 others	49/100