Operator

Good day, and thank you for standing by. Welcome to BitFuFu's First Quarter 2026 Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded.

I'd now like to hand the conference over to your first speaker today, Mr. Charlie Brady. Please go ahead, sir.

Charles Brady
Vice President of Investor Relations

Thank you, operator. Ladies and gentlemen, good morning, and thank you for joining BitFuFu's First Quarter 2026 Earnings Conference Call. The company's financial results were released earlier today and are available on BitFuFu's Investor Relations website at ir.bitfufu.com and globenewswire.com. Joining me today on the call are Chairman and CEO, Leo Lu; and CFO, Calla Zhao.

As we begin, please note that today's call will contain forward-looking statements under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties, and actual results may differ materially. We refer you to our filings with the SEC for a full discussion of these risks. The company assumes no obligation to update any forward-looking statements, except as required by law.

We will also discuss non-GAAP financial information on this call. The company provides this information to supplement information prepared in accordance with U.S. GAAP. A reconciliation of these measures to the company's reported GAAP results can be found in the reconciliation tables provided in today's earnings release.

Finally, for those new to our call, we will not be conducting a Q&A session on the call itself. However, if you have any questions, please send them to ir@bitfufu.com. We aim to respond within 24 hours. We value your