BitFuFu Announces February 2026 Bitcoin Production and Operational Updates
Rhea-AI Summary
BitFuFu (NASDAQ: FUFU) released unaudited February 2026 operational metrics showing 227 BTC produced and 1,830 BTC held as of February 28, 2026. Total hashrate under management was 26.4 EH/s (down 10.8% month-over-month, up 28.2% year-over-year).
The company reported $40 million in cash, a net cash position, reduction in borrowings to $15 million on its $100 million line, and continued positive cash flow from its cloud-mining business. Power capacity managed declined to 463 MW.
Positive
- Hashrate +28.2% YoY to 26.4 EH/s
- $40M cash and net cash position as of Feb 28, 2026
- Borrowings reduced to $15M from $40M (Sept 30, 2025)
- Cloud mining produced 190 BTC and generates positive cash flow
Negative
- Month-over-month hashrate down 10.8%
- Power capacity declined 11.0% month-over-month to 463 MW
- Third-party and hosted hashrate represents 22.8 EH/s (≈86%) of total
News Market Reaction – FUFU
In the Mar 5 session, FUFU declined 1.10%, reflecting a mild negative market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Previous Crypto Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Feb 05 | January operations update | Positive | -8.7% | Reported higher January BTC production, larger holdings and improved fleet efficiency. |
| Jan 07 | December ops & FY 2025 | Positive | -0.7% | Released December/FY metrics with 3,662 BTC mined and reduced pledged balances. |
| Dec 05 | November operations update | Negative | -3.0% | Disclosed temporary contraction, lower BTC held, and reduced hashrate and power. |
| Dec 04 | Bitcoin MENA sponsorship | Positive | +0.7% | Announced sponsorship to expand Middle East presence and promote services. |
| Nov 05 | October operations update | Positive | +11.7% | Shared October BTC production, 30.5 EH/s hashrate and new miner/hosting program. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Crypto and operational updates have often seen muted-to-negative next-day moves, even when metrics or liquidity trends looked constructive.
Over recent months, BitFuFu has regularly reported detailed bitcoin production and hashrate updates. Prior crypto-tagged releases showed holdings between 1,764–1,953 BTC and hashrate around 26.1–30.5 EH/s, alongside efficiency near 18 J/TH and power capacity up to 555 MW. Some updates highlighted liquidity improvements and reduced pledged BTC, while November flagged operational contraction. This February update, with 1,830 BTC held and lower hashrate, continues that transparency on capacity, balance sheet, and strategic positioning.
Key Terms
hashrate technical
cloud-mining technical
self-mining technical
cash and cash equivalents financial
line of credit financial
long-term accounts payable financial
power capacity technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
SINGAPORE, March 05, 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 February 2026.
“Our February month-end hashrate declined from the end of January as we maintained a disciplined approach to incremental hashrate procurement to preserve flexibility and avoid committing to longer-term, low-margin contracts. While the near-term Bitcoin pricing environment has softened, our cloud-mining business continues to generate positive cash flow, allowing us to ride out the inherent cyclicality of Bitcoin. Flexibility across the market cycle is a key pillar of our strategy, and that flexibility is underpinned by our balance sheet strength,” said Leo Lu, Chairman and CEO of BitFuFu.
“We remain in a net cash position with strong liquidity. As of February 28, 2026, we held 1,830 Bitcoin and approximately
February 2026 Highlights (as of February 28, 2026)
| February 2026 | January 2026 | |
| Bitcoin Held | 1,830 BTC | 1,796 BTC |
| Bitcoin Production | 227 BTC | 229 BTC |
| Daily Bitcoin Production | 8.1 BTC | 7.4 BTC |
| Self-Mining Production | 37 BTC | 46 BTC |
| Cloud Mining Production | 190 BTC | 183 BTC |
| Hashrate | 26.4 EH/s | 29.6 EH/s |
| Self-Owned Hashrate | 3.6 EH/s | 3.7 EH/s |
| Hashrate from Third-Party Suppliers and Hosting Customers | 22.8 EH/s | 25.9 EH/s |
| Average Fleet Efficiency | 17.5 J/TH | 17.5 J/TH |
| Power Capacity | 463 MW | 520 MW |
Bitcoin Holdings and Production:
- Bitcoin Held: 1,830 BTC2, an increase of 34 BTC from January 31, 2026.
- Bitcoin Production: 227 BTC (including 190 BTC from cloud mining and 37 BTC from self-mining).
Hashrate Overview:
- Total Hashrate Under Management: 26.4 EH/s, a year-over-year increase of
28.2% and a month-over-month decrease of10.8% .- Self-Owned Hashrate3: 3.6 EH/s.
- Hashrate from Third-Party Suppliers and Hosting Customers3: 22.8 EH/s.
- Average Fleet Efficiency: 17.5 J/TH
Power and Infrastructure:
- Total Power Capacity Under Management: 463 MW, a year-over-year decrease of
3.3% and a month-over-month decrease of11.0% .
Upcoming Conferences:
BitFuFu will be attending the following upcoming conferences.
- March 22-24, 2026: 38th Annual ROTH Conference, Dana Point, CA
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 stablecoins.
2 Includes 476 BTC pledged for loans and miner procurement payables and excludes BTC produced by cloud mining customers.
3 Hashrate may be used for both self-mining and cloud mining.
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/a32f33bb-fbac-41e5-9e24-322a9ecd7f50
https://www.globenewswire.com/NewsRoom/AttachmentNg/9aafd2f5-5deb-4253-b3e5-b6ac1b23ef53
