BitFuFu Inc. (FUFU) Q2 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.412 Good day and thank you for standing by. Welcome to BitfuFu Inc. 00:00:03.412 -- 00:00:07.272 second quarter 2026 earnings conference call. 00:00:07.272 -- 00:00:10.893 At this time, all participants are in a listen-only mode. 00:00:10.893 -- 00:00:13.614 Please be advised that today's conference is being recorded. 00:00:13.614 -- 00:00:17.554 I would now like to turn the conference over to your first speaker today, Ms. 00:00:17.554 -- 00:00:20.615 Lian Tang from BitfuFu's Investor Relations. 00:00:20.615 -- 00:00:23.615 Thank you. Please go ahead. 00:00:23.615 -- 00:00:25.716 Thank you, operator. 00:00:25.716 -- 00:00:27.749 Good morning, everyone. 00:00:27.749 -- 00:00:32.291 Welcome to BitFuFu's second quarter 2026 earnings call. 00:00:32.291 -- 00:00:37.313 Thank you so much for joining us today. Joining me today on the call are Chairman 00:00:37.313 -- 00:00:41.495 and CEO Leo Lu and CFO Calla Zhao. 00:00:41.495 -- 00:00:46.838 As we begin, please note that today's call will contain forward-looking statements. 00:00:46.838 -- 00:00:53.680 The statements involve risks and uncertainties, and actual results may differ materially. 00:00:53.747 -- 00:01:00.390 We refer you to our filings with the SEC for a full discussion of these risks. 00:01:00.390 -- 00:01:05.752 The company assumes no obligation to update any forward-looking statements, except 00:01:05.752 -- 00:01:08.313 as required by law. 00:01:08.313 -- 00:01:13.135 We will also discuss non-GAAP financial information on this call. 00:01:13.135 -- 00:01:17.858 The company provides this information to supplement information prepared in accordance 00:01:17.858 -- 00:01:20.578 with U.S. GAAP 00:01:20.726 -- 00:01:25.868 A reconciliation of these measures to the company's reporte...