The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
BitFuFu reported a loss of $0.21 per share, significantly missing analyst estimates of a $0.03 profit. Revenue fell 6.8% year-over-year to $72.66 million, missing the estimated $93.35 million. The net loss widened to $35.0 million, driven by a $35.6 million non-cash fair value loss reflecting Bitcoin price fluctuations. On May 30, Bitdeer reported zero net Bitcoin holdings after selling 206.2 BTC.