BitFuFu Inc. (FUFU) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.860 Good day, and thank you for standing by. Welcome to the BitFuFu second quarter 2025 earnings 00:00:05.860 -- 00:00:10.727 conference call. At this time, all participants are in listen-only mode. 00:00:10.727 -- 00:00:13.130 Please be advised that this conference is being recorded. 00:00:13.130 -- 00:00:18.779 I would now like to hand the conference over to our first speaker today, Charlie Brady. 00:00:18.779 -- 00:00:21.460 Please go ahead, sir. 00:00:23.005 -- 00:00:28.113 Thank you, operator. Good morning, and welcome to BitFuFu's second quarter 2025 earnings 00:00:28.113 -- 00:00:32.879 call. The company's financial results were released earlier today and are available on 00:00:32.879 -- 00:00:38.082 BitFufu's investor relations website at ir.bitfufu.com 00:00:38.605 -- 00:00:40.745 and globalnewswire.com. 00:00:41.127 -- 00:00:46.732 Joining me on the call today are BitFufu's Chairman and CEO, Leo Liu, and CFO, 00:00:46.732 -- 00:00:48.654 Kala Zhao. 00:00:48.654 -- 00:00:52.757 Before we begin, please note that the discussion today will contain forward-looking statements 00:00:52.757 -- 00:00:55.280 made under the safe harbor provisions of the U.S. 00:00:55.280 -- 00:00:59.397 Private Securities and Litigation Reform Act of 1995. 00:00:59.397 -- 00:01:03.763 Statements that are not historical facts, including statements about the company's beliefs 00:01:03.763 -- 00:01:07.589 and expectations, are forward-looking statements. 00:01:07.589 -- 00:01:11.535 Forward-looking statements involve risks and uncertainties that may cause actual results 00:01:11.535 -- 00:01:15.978 to differ materially from the management's current expectations. 00:01:16.361 -- 00:01:20.828 Potential risks and uncertainties include but are not limited to t...