Bitcoin mining company BitFuFu showed a 150% increase in revenue in its Q1 financial report. BitFuFu's total revenue in Q1 was $144.4 million, up 149.0% from $58.0 million in the same period in 2023. 📈 Growth is driven by demand for cloud mining. Income from cloud mining increased by 181%, to $81.5 million. In March, BitFuFu entered an IPO on Nasdaq under the ticker FUFU.