BitFuFu Q3 revenue doubles as rising Bitcoin prices boost miner demand

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Why This Matters

BitFuFu reported that its Q3 revenue has doubled, driven by a significant increase in Bitcoin prices, which rose from an average of $61,000 to $114,500. This surge in prices has led to heightened demand for mining equipment and cloud mining services among miners.

Market Impact

Market impact analysis based on bullish sentiment with 76% confidence.

Sentiment
Bullish
AI Confidence
76%

Article Context

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The average cost of Bitcoin during Q3 last year was $61,000, in contrast to $114,500, according to BitFuFu, which led more miners to buy up machines and use cloud mining to get some for themselves.

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Original article published by Unknown on November 13, 2025.
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