BitFuFu Inc. (FUFU) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.359 Good day and thank you for standing by. Welcome to the BitFufu second quarter 2025 00:00:05.359 -- 00:00:10.608 earnings conference call. At this time, all participants are in listen-only mode. 00:00:10.608 -- 00:00:12.991 Please be advised that this conference is being recorded. 00:00:12.991 -- 00:00:18.660 I would now like to hand the conference over to our first speaker today, Charlie Brady. 00:00:18.660 -- 00:00:21.341 Please go ahead, sir. 00:00:22.847 -- 00:00:27.995 Thank you, operator. Good morning and welcome to BitFufu's second quarter 2025 earnings 00:00:27.995 -- 00:00:32.761 call. The company's financial results were released earlier today and are available on 00:00:32.761 -- 00:00:37.964 BitFufu's investor relations website at ir.bitfufu.com 00:00:38.467 -- 00:00:40.627 and globalnewswire.com. 00:00:41.009 -- 00:00:46.614 Joining me on the call today are BitFufu's Chairman and CEO, Leo Liu, and CFO, 00:00:46.614 -- 00:00:48.536 Kala Zhao. 00:00:48.536 -- 00:00:52.639 Before we begin, please note that the discussion today will contain forward-looking statements 00:00:52.639 -- 00:00:55.162 made under the safe harbor provisions of the U.S. 00:00:55.162 -- 00:00:59.279 Private Securities and Litigation Reform Act of 1995. 00:00:59.279 -- 00:01:03.625 Statements that are not historical facts, including statements about the company's beliefs 00:01:03.625 -- 00:01:07.471 and expectations, are forward-looking statements. 00:01:07.471 -- 00:01:11.396 Forward-looking statements involve risks and uncertainties that may cause actual results 00:01:11.396 -- 00:01:15.840 that differ materially from the management's current expectations. 00:01:16.243 -- 00:01:20.710 Potential risks and uncertainties include but are not limited to t...