MiniMax: Over 236 million users, more than 214,000 enterprise clients and developers

BlockBeats News, March 2 — Hong Kong-listed company MINIMAX-WP (00100.HK) announced that by December 31, 2025, MiniMax has served over 236 million users across more than 200 countries and regions, as well as 214,000 enterprise clients and developers from over 100 countries and regions.

In February 2026, MiniMax released version M2.5, achieving top-tier global performance in programming, tool invocation, and office productivity scenarios. In programming, M2.5 set a new industry record in SWE-BenchVerified testing and improved efficiency by 37% over the previous M2.1. More importantly, M2.5 makes the operation of complex agents infinitely scalable in terms of economic cost — running continuously at 100 tokens per second costs only $1 per hour. This means $10,000 can support four agents working continuously for a year. The breakthrough in model capabilities has also driven rapid growth in usage, with M2.5 quickly topping OpenRouter’s rankings after release. From M2 to M2.1 to M2.5, each generation of models has shown significant improvements in capability and usage. The average daily token consumption of the M2 series text models in February 2026 has increased more than sixfold compared to December 2025, with token consumption from the CodingPlan package increasing over tenfold.