BitFuFu Inc. Class A Ordinary Shares logo

BitFuFu Inc. Class A Ordinary Shares(FUFU)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$0.96
11/09/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for FUFU

11/09/2026: FUFU (1-star) is currently NOT-A-BUY. Pass it for now.

BitFuFu Inc. is a digital asset mining infrastructure company that balances proprietary mining with cloud services and third-party hosting. Its main strengths include an asset-light cloud platform and a strategic supply-chain relationship with Bitmain. The company's primary growth story centers on its ability to scale global mining capacity and diversify into broader data center infrastructure. However, it faces significant risks from Bitcoin price volatility, energy cost surges, and intense industry competition. The stock is best suited for growth-oriented investors with a high risk tolerance, and key developments to monitor include Bitcoin price trends, operational energy costs, and success in diversifying into new high-performance computing markets.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitThe company offers high-beta exposure to the cryptocurrency sector and rapid infrastructure expansion.
Momentum investorStrong fit while signal remains positiveThe stock often trends strongly with the underlying price of Bitcoin.
Value investorWeak fitThe company's valuation is tied to speculative digital asset markets rather than traditional P/E metrics.
Dividend investorWeak fitThe company does not pay dividends, focusing capital on fleet expansion.
Low-risk investorWeak fitExtreme price volatility in the crypto sector makes this unsuitable for conservative portfolios.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe company's revenue is directly tied to the highly volatile price of Bitcoin.
Valuation riskHighMarket sentiment for crypto-stocks can lead to wide swings in valuation regardless of operating performance.
Competition risk (Crypto Mining)Medium / highIntense competition for hash rate dominance forces constant, expensive hardware upgrades.
Business qualityMediumOperations are capital-intensive and dependent on external supply chains for specialized mining hardware.
Dividend incomeLow / noneNo income is currently returned to shareholders via dividends.
Execution riskMediumScaling infrastructure globally requires navigating complex regulatory and energy environments.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type Stock
Historic Profit -72.87%
Avg. Invested days 16
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/09/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
FUFU receives a 3-star rating, supported by solid analyst coverage. The rating is constrained by weak unit economics, and weak price momentum.

Company Fundamentals

★★★★★
FUFU has moderate overall fundamentals (3 stars), with moderate financial health, moderate growth momentum, and solid ownership. In FY2026 versus FY2025, growth and ownership metrics are mixed: negative earnings growth (-157.9%), weak cash generation (FCF margin -29.5%), moderate revenue growth (+3.1%).

Financial Health Rating

★★★★★
FUFU's financial health is supported by solid liquidity, including working-capital and asset support (WC/assets 63.2%). Profitability is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is FUFU's strongest growth driver at +40.4% FY2026 versus FY2025 (strong, 5 stars). By comparison, while revenue growth (+3.1%, moderate) and earnings growth (-157.9%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 4.4% and approximately 53.4% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 46.62% supports management-shareholder alignment.

Top 5 Institutional Investors

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.33%
Vident Advisory, LLC 0.11%
Renaissance Technologies Corp 0.05%
CAMBRIDGE Invest RESEARCH ADVISORS, INC. 0.03%
Geode Capital Management, LLC 0.02%

Unit Economics (Per $1K Revenue)

★★★★★
FUFU generates approximately $61 of gross profit, $26 of operating income, and $-295 of free cash flow for every $1,000 of revenue. Based on FY2026 results. Negative free cash flow explains the 1-star rating, with weak cash conversion and soft capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: -6.42% (Tax Credit)

Quantitative Style Profile

★★★★★
FUFU has a liquid, relatively low-volatility profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

Low VolatilitySmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 157.18M USD
Price to earnings Ratio -
1Y Target Price 3.5
Price to earnings Ratio -
1Y Target Price 3.5
Volume (30-day avg) 2.0M shares
Beta 0.47
52 Weeks Range 0.64 - 3.47
Updated Date 11/08/2026
52 Weeks Range 0.64 - 3.47
Updated Date 11/08/2026
Dividends yield (FY) -
Basic EPS (TTM) -0.71

How Company Makes Money

Business areaWhat it includesRetail investor read
Cloud Mining ServicesLeasing out hash rate to users.The company makes money by renting out their mining computers to other people.
Self-MiningRunning proprietary hardware to mine crypto for treasury.The company earns Bitcoin directly by operating its own mining machines.
Infrastructure HostingColocation and facility management.The company charges fees to host and maintain equipment for other mining companies.

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

Valuation

Trailing PE -
Forward PE 5.24
Enterprise Value 139.39M
Price to Sales(TTM) 0.39
Enterprise Value 139.39M
Price to Sales(TTM) 0.39
Enterprise Value to Revenue 0.41
Enterprise Value to EBITDA 43.73
Shares Outstanding 31.70M
Shares Floating 16.92M
Shares Outstanding 31.70M
Shares Floating 16.92M
Percent Insiders 46.62
Percent Institutions 4.41

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

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