Reports Q3 revenue $180.7M, consensus $129.19M. “The Q3 marked a clear inflection point for BitFuFu (FUFU) as revenue doubled year-over-year and increased 56.6% sequentially. Our strong Q3 results demonstrate the benefits of our differentiated dual-engine model, combining recurring cloud-mining revenue with direct participation in Bitcoin (BTC-USD) price appreciation through our self-mining operations. This model gives us multiple levers to manage volatility and sustain profitability through cycles, and our strong balance sheet provides the flexibility to invest where returns are most compelling. With the Q4 well underway, we are focused on finishing the year strong,” said Leo Lu, Chairman and CEO.
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