BitFuFu Inc. (FUFU) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.076 Good day and thank you for standing by. Welcome to BitFuFu's first quarter 00:00:05.076 -- 00:00:06.557 2026 00:00:06.557 -- 00:00:11.622 earnings conference call. At this time and for the duration of the conference, 00:00:11.622 -- 00:00:14.364 all participants are in a listen-only mode. 00:00:14.364 -- 00:00:18.568 Please be advised that today's conference is being recorded. 00:00:18.568 -- 00:00:22.051 I'd now like to hand the conference over to your first speaker today, Mr. 00:00:22.051 -- 00:00:26.353 Charlie Brady. Please go ahead, sir. 00:00:27.576 -- 00:00:32.731 Thank you, Operator. Ladies and gentlemen, good morning, and thank you for joining BitFufu's 00:00:32.731 -- 00:00:35.756 first quarter 2026 earnings conference call. 00:00:35.756 -- 00:00:40.322 The company's financial results were released earlier today and are available on BitFufu's 00:00:40.322 -- 00:00:44.705 investor relations website at ir.bitfufu.com 00:00:44.808 -- 00:00:47.148 and globenewswire.com. 00:00:47.952 -- 00:00:52.759 Joining me today on the call are Chairman and CEO Liu Liu and CFO Kala Zhao. 00:00:52.759 -- 00:00:57.285 As we begin, please note that today's call will contain forward-looking statements under 00:00:57.285 -- 00:01:02.602 the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. 00:01:02.602 -- 00:01:08.629 These statements involve risks and uncertainties, and actual results may differ materially. 00:01:08.629 -- 00:01:12.954 We refer you to our filings with the SEC for a full discussion of these risks. 00:01:12.954 -- 00:01:17.500 The company assumes no obligation to update any forward-looking statements, except as 00:01:17.500 -- 00:01:22.866 required by law. We will also discuss non-GAAP financia...