STOCK TITAN

BitFuFu Announces April 2026 Bitcoin Production and Operational Updates

(Neutral)
Tags
crypto

BitFuFu (NASDAQ:FUFU) reported unaudited April 2026 Bitcoin production and operational metrics. Bitcoin production was 145 BTC (113 BTC cloud, 32 BTC self-mining), down from 214 BTC in March, mainly due to an Ethiopia power outage and reduced third-party hashrate procurement.

Bitcoin holdings rose to 1,812 BTC. Total hashrate under management declined 13.5% month-over-month to 22.4 EH/s, while self-owned hashrate remained 3.3 EH/s. Power capacity under management fell 11.6% to 404 MW, and average fleet efficiency was 18.1 J/TH.

Loading...
Loading translation...

Positive

  • Bitcoin holdings increased to 1,812 BTC, up 18 BTC from March 31, 2026
  • Company continued adding to Bitcoin treasury despite some miners selling or exiting holdings
  • Self-owned hashrate remained stable at 3.3 EH/s month-over-month
  • Average cash-based self-mining cost per BTC in April was approximately $59,000
  • Ethiopia facility has operated with improved power conditions since May 2, 2026

Negative

  • Total Bitcoin production declined to 145 BTC from 214 BTC in March 2026
  • Daily Bitcoin production decreased to 4.8 BTC from 6.9 BTC in March
  • Total hashrate under management fell 13.5% month-over-month to 22.4 EH/s
  • Hashrate from third-party suppliers and hosting customers dropped to 19.1 EH/s from 22.6 EH/s
  • Total power capacity under management declined 11.6% to 404 MW

News Market Reaction – FUFU

-0.46%
8 alerts
-0.46% Session close to close
-2.5% Trough in 30 min
$338.54M Market Cap
0.1x Rel. Volume

In the May 14 session, FUFU declined 0.46%, reflecting a mild negative market reaction. Argus tracked a trough of -2.5% from its starting point during tracking. Our momentum scanner triggered 8 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement details April 2026 Bitcoin operations, with production of 145 BTC, self-owned hash...
Analysis

This announcement details April 2026 Bitcoin operations, with production of 145 BTC, self-owned hashrate steady at 3.3 EH/s, and total managed hashrate at 22.4 EH/s. Power issues in Ethiopia and reduced third-party procurement contributed to lower output, while Bitcoin holdings increased to 1,812 BTC. Compared with prior monthly crypto updates, it continues the focus on treasury building and efficiency, but also highlights sensitivity to power availability and contract economics that investors may monitor going forward.

Key Figures

Bitcoin held: 1,812 BTC Bitcoin production: 145 BTC Cloud mining production: 113 BTC +5 more
8 metrics
Bitcoin held 1,812 BTC End of April 2026 holdings
Bitcoin production 145 BTC April 2026 total production
Cloud mining production 113 BTC Portion of April 2026 production
Self-mining production 32 BTC Portion of April 2026 production
Total hashrate 22.4 EH/s Hashrate under management in April 2026
Self-owned hashrate 3.3 EH/s Self-owned capacity in April 2026
Self-mining cost $59,000 per BTC Average cash-based self-mining cost in April 2026
Power capacity 404 MW Total power capacity under management in April 2026

Previous Crypto Reports

5 past events · Latest: Jan 07 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jan 07 Crypto operations update Positive -0.7% December 2025 metrics with 1,780 BTC held and 188 BTC produced.
Feb 05 Crypto operations update Positive -8.7% January 2026 update showing 229 BTC produced and 1,796 BTC held.
Mar 05 Crypto operations update Positive -1.1% February 2026 metrics with 227 BTC produced and 1,830 BTC held.
Apr 10 Crypto operations update Positive -1.0% March 2026 report with 214 BTC produced and 1,794 BTC held.
Apr 16 Mining product launch Positive +5.9% Launch of ANTMINER S21 XP hosted mining at $9.50/TH and low hosting fees.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Crypto operational and treasury updates have often been met with muted or negative price reactions, even when underlying metrics trend positively.

Recent Company History

Over recent months, BitFuFu has consistently reported detailed crypto operating metrics, including BTC production, holdings, hashrate, and power capacity. Prior crypto-tagged updates from Dec 2025 through Apr 2026 showed steady or growing Bitcoin holdings and sizable hashrate under management, yet four of five such releases saw negative next-day moves. The current April 2026 update continues this pattern of operational transparency, highlighting lower production alongside maintained self-owned hashrate and increasing BTC holdings.

Key Terms

hashrate, cloud mining, self-mining, fleet efficiency
4 terms
hashrate technical
"Our self-owned hashrate held steady at 3.3 EH/s, and our average..."
Hashrate is a measure of how quickly a computer network can process and verify transactions, often expressed as the number of calculations it can perform in a second. Think of it like the engine power of a car; the higher the hashrate, the more work the network can do in a given time. For investors, a higher hashrate generally indicates a more secure and robust network, which can influence confidence and the value of related digital assets.
cloud mining technical
"Bitcoin Production: 145 BTC (including 113 BTC from cloud mining and 32 BTC..."
Cloud mining is a way to obtain digital currency by renting powerful computers over the internet, rather than setting up and maintaining the equipment yourself. It allows investors to participate in cryptocurrency mining without dealing with the technical details or high upfront costs. This approach makes it easier for more people to get involved in mining and potentially earn rewards from digital currencies.
self-mining technical
"average cash-based self-mining cost per BTC in April was approximately $59,000."
Self-mining is when a person or company uses its own equipment and resources to create new cryptocurrency coins rather than buying them or hiring someone else to mine. For investors, it matters because self-mining turns computing power into an ongoing source of revenue and digital assets, like owning a small factory instead of just selling its products; it affects costs, cash flow, asset holdings and exposure to energy and regulatory risks.
fleet efficiency technical
"Average Fleet Efficiency | 18.1 J/TH | 17.7 J/TH"
Fleet efficiency measures how effectively a group of vehicles or equipment uses resources like fuel, time, and maintenance to complete their tasks. Higher fleet efficiency means more work is done with less waste, saving money and reducing environmental impact. For investors, improved fleet efficiency can signal better management and potential profitability, making it an important indicator of operational performance.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

SINGAPORE, May 14, 2026 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a world-leading Bitcoin miner and mining services innovator, today announced its unaudited Bitcoin production and operational metrics for April 2026.

“April presented us with two distinct headwinds: an unexpected power outage at our Ethiopia facility and a deliberate recalibration of our third-party hashrate procurement, which weighed on our monthly production figures,” said Leo Lu, Chairman and CEO of BitFuFu. “Importantly, this reflects disciplined decision-making, not structural weakness. Our self-owned hashrate held steady at 3.3 EH/s, and our average cash-based self-mining cost per BTC in April was approximately $59,000.

“On procurement, we chose not to renew certain third-party contracts where economics would have pressured margins given April's Bitcoin price environment. Preserving profitability is a strategic priority, and we will not pursue hashrate growth at the expense of unit economics.

“Our Ethiopia facility has been operating under improved power conditions since May 2, and as market conditions improve, we believe we are well-positioned to scale our managed hashrate as opportunities meet our return thresholds. Notably, while some miners have sold down, or in certain cases exited, their Bitcoin holdings in recent months, we continued to add to our Bitcoin holdings, which increased to 1,812 BTC during the month, reflecting our continued conviction in Bitcoin as a long-term store of value. We enter May with operational clarity, a stronger balance sheet, and the flexibility to accelerate growth when the risk-reward warrants it.”

April 2026 Highlights (as of April 30, 2026)

 April 2026March 2026
Bitcoin Held1,812 BTC1,794 BTC
Bitcoin Production145 BTC214 BTC
Daily Bitcoin Production4.8 BTC6.9 BTC
Self-Mining Production32 BTC43 BTC
Cloud Mining Production113 BTC171 BTC
Hashrate22.4 EH/s25.9 EH/s
Self-Owned Hashrate3.3 EH/s3.3 EH/s
Hashrate from Third-Party Suppliers and Hosting Customers19.1 EH/s22.6 EH/s
Average Fleet Efficiency18.1 J/TH17.7 J/TH
Power Capacity404 MW457 MW


Bitcoin Holdings and Production:

  • Bitcoin Held: 1,812 BTC1, an increase of 18 BTC from March 31, 2026.
  • Bitcoin Production: 145 BTC (including 113 BTC from cloud mining and 32 BTC from self-mining). The month-over-month decline in BTC production was primarily driven by (1) a power outage at the Ethiopia facility that reduced managed hashrate uptime and (2) lower third-party hashrate procurement following contract expirations, as the Company adjusted purchasing levels in response to April Bitcoin price conditions to preserve profitability.

Hashrate Overview:

  • Total Hashrate Under Management: 22.4 EH/s, a month-over-month decrease of 13.5%.
    • Self-Owned Hashrate2: 3.3 EH/s.
    • Hashrate from Third-Party Suppliers and Hosting Customers2: 19.1 EH/s.
  • Average Fleet Efficiency: 18.1 J/TH

Power and Infrastructure:

  • Total Power Capacity Under Management: 404 MW, a month-over-month decrease of 11.6%.

About BitFuFu Inc.
BitFuFu Inc. is a world-leading Bitcoin miner and mining services innovator. BitFuFu is committed to empowering the global Bitcoin network through its industry-leading cloud mining platform, rapidly scaling infrastructure, and innovative mining services.

For more information, visit ir.bitfufu.com or follow BitFuFu on X @BitFuFuOfficial.

Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of BitFuFu’s management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause BitFuFu’s actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Although the Company believes that it has a reasonable basis for each forward-looking statement contained in this press release, the Company cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. All information provided in this press release is as of the date of this press release and the Company does not undertake any duty to update such information, except as required under applicable law.

Investor Contact:
BitFuFu Investor Relations
ir@bitfufu.com

Charley Brady
Vice President, Investor Relations:
charley.b@bitfufu.com

Media Contact:
BitFuFu Media Relations
pr@bitfufu.com

1 Includes 238 BTC pledged for loans and miner procurement payables and excludes BTC produced by cloud mining customers.
2 Hashrate may be used for both self-mining and cloud mining.

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/233fb202-4d02-4952-a491-04b5dd1755f0

https://www.globenewswire.com/NewsRoom/AttachmentNg/04440f20-69ad-4866-bdfa-2564dd553d27


FAQ

How much Bitcoin did BitFuFu (NASDAQ:FUFU) produce in April 2026?

BitFuFu produced 145 BTC in April 2026. According to the company, this included 113 BTC from cloud mining and 32 BTC from self-mining, reflecting the impact of an Ethiopia power outage and lower third-party hashrate procurement.

Why did BitFuFu's Bitcoin production decline in April 2026 compared with March 2026?

BitFuFu's Bitcoin production fell from 214 BTC in March to 145 BTC in April 2026. According to the company, the decline was mainly due to a power outage at its Ethiopia facility and reduced third-party hashrate procurement after certain contracts expired.

What were BitFuFu's total and self-owned hashrate levels in April 2026?

In April 2026, BitFuFu managed total hashrate of 22.4 EH/s, with self-owned hashrate steady at 3.3 EH/s. According to the company, the remaining 19.1 EH/s came from third-party suppliers and hosting customers.

How many Bitcoin did BitFuFu hold as of April 30, 2026?

As of April 30, 2026, BitFuFu held 1,812 BTC. According to the company, this represented an increase of 18 BTC from March 31, 2026, as the firm continued adding to holdings while some miners reportedly sold or exited positions.

What happened at BitFuFu's Ethiopia mining facility in April 2026?

BitFuFu experienced a power outage at its Ethiopia facility in April 2026, reducing managed hashrate uptime. According to the company, power conditions improved and the facility has operated under better power starting May 2, supporting future hashrate scalability.

What was BitFuFu's power capacity and fleet efficiency in April 2026?

In April 2026, BitFuFu managed 404 MW of power capacity, down 11.6% month-over-month. According to the company, average fleet efficiency was 18.1 J/TH, reflecting the energy performance of its mining hardware across operations.

How did BitFuFu adjust its third-party hashrate procurement in April 2026?

BitFuFu chose not to renew some third-party hashrate contracts in April 2026. According to the company, this decision reflected April’s Bitcoin price environment and a strategy to avoid margin pressure, prioritizing profitability over hashrate growth.