Episode Details

BitFuFu - VP of IR, Charley Brady Q&A - Q1 Earnings & 2026 Outlook!

Season 1 Episode 588 Published 1 week, 5 days ago

Description

We sit down with BitFuFu VP of Investor Relations Charley Brady right after Q1 earnings to separate the real operating story from the accounting noise. We dig into why cloud mining is becoming the core revenue engine, how hash rate allocation decisions get made, and what investors should watch as costs rebalance through 2026.

• Q1 revenue performance and why cloud mining drives the mix
• How BitFuFu shifts hash rate between cloud mining and self-mining for return
• Fair value Bitcoin accounting, mark-to-market impacts, and what to watch in the EBITDA bridge
• Customer retention, churn, and why institutional demand behaves differently than retail
• Where growth is coming from, including Africa and Asia, plus why the US market is not active yet
• Ethiopia facility disruption, fleet monitoring, and efficiency gains from upgrading miners
• ASIC pricing dynamics for S19s and S21s, used machine supply, and the next 18 months of hardware cycles
• Data centre footprint, leased capacity, and the cautious approach to HPC AI and GPU infrastructure

Let us know in the comment section below if you're currently holding shares of BitFuFu and what you thought about this round of earnings!

Anthonys Info:

Website:

https://www.powermininganalysis.com

https://twitter.com/cazenove_uk

Patreon:

https://www.patreon.com/Cazenove_UK

Bryce's Info:

https://twitter.com/McnallieM

Patreon:

https://www.patreon.com/McNallieMoney

Merch: