BitFuFu Announces September 2025 Bitcoin Production and Operation Updates: Bitcoin Holdings Increasing to 1,959 BTC

Rhea-AI Summary

BitFuFu (NASDAQ: FUFU) reported unaudited September 2025 mining and operations updates. As of September 30, 2025, the company held 1,959 BTC, up by 60 BTC month-over-month. September production totaled 329 BTC (296 BTC from cloud mining; 33 BTC from self-mining). Total hashrate under management was 36 EH/s (a 1.1% monthly increase) with self-owned hashrate at 5.0 EH/s. Average fleet efficiency improved to 17.3 J/TH. Total power capacity under management was 624 MW, down 0.6% month-over-month. Cloud mining registered users numbered 641,526. The company cited rising network difficulty and power curtailment programs as drivers of the production decline.

Positive

• Bitcoin holdings reached 1,959 BTC
• Month-over-month holdings increase of 60 BTC
• Total production of 329 BTC in September
• Total hashrate under management at 36 EH/s
• Cloud mining users: 641,526 registered accounts
• Fleet efficiency improved to 17.3 J/TH

Negative

• September production declined due to rising network difficulty
• Power curtailment programs reduced self-mining output
• Self-mining produced only 33 BTC in September
• Total power capacity under management decreased 0.6%

Insights

Mining Operations Analyst

BitFuFu increased holdings to 1,959 BTC while production fell; operational scale remains large but outcomes hinge on network difficulty and power availability.

BitFuFu grows its treasury by adding 60 BTC to reach 1,959 BTC, funded via a mix of self-mining and purchases while managing a large cloud-mining footprint. The company reports 329 BTC produced in September, with 296 BTC from cloud mining and 33 BTC from self-mining, and total hashrate under management at 36 EH/s with self-owned capacity at 5.0 EH/s. Average fleet efficiency improved to 17.3 J/TH, indicating hardware or operational gains on the efficiency front.

Key dependencies include network difficulty increases and power curtailments, which the company cites as the primary drivers of the production decline. The split heavily favors cloud-mining revenue, which concentrates operational exposure to third-party suppliers and customer-hosted rigs. Watch the pace of self-mining growth, changes in self-owned hashrate, and power capacity trends—total power capacity under management fell to 624 MW (down 0.6%) while total hashrate rose 1.1% month-over-month. Monitor monthly BTC production, holdings, and average efficiency over the next 3-6 months to see if accumulation and efficiency gains offset difficulty and curtailment effects; upcoming investor-facing events on Oct. 9-10, 2025, Oct. 19-21, 2025, Oct. 22, 2025, and Oct. 30, 2025 may provide further operational detail.

• BitFuFu held 1,959 BTC as of September 30, 2025, an increase of 60 BTC from August 31, 2025.
• Average fleet efficiency improved to 17.3 J/TH.

SINGAPORE, Oct. 06, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a world-leading Bitcoin miner and mining services innovator, today announced its unaudited production and mining operation updates for September 2025.

“We increased our Bitcoin holdings to 1,959 BTC, up 60 BTC from the prior month,” said Leo Lu, Chairman and CEO of BitFuFu. “We are executing our treasury strategy to accumulate BTC through two levers: efficient self-mining, driven by low-cost power and next-generation miners, and disciplined, opportunistic Bitcoin purchases. Together, these actions position us to continue compounding BTC holdings over time.”

September 2025 Highlights (as of September 30, 2025)
Bitcoin Holdings and Production:

• Bitcoin Held: 1,959 BTC¹, an increase of 60 BTC from August 31, 2025.
• Bitcoin Production: 329 BTC, including 296 BTC from cloud mining and 33 BTC from self-mining. The decline in Bitcoin production is primarily attributed to the rising network difficulty and power curtailment programs at certain mining facilities.

Hashrate Overview:

• Total Hashrate Under Management: 36 EH/s, an 1.1% month-over-month increase.
  • Self-Owned Hashrate²: 5.0 EH/s, unchanged from the prior month.
  • Hashrate from Third-Party Suppliers and Hosting Customers²: 31.0 EH/s.
  • Average Fleet Efficiency: 17.3 J/TH.

Power and Infrastructure:

• Total Power Capacity Under Management: 624 MW, a 0.6% month-over-month decrease.
  

Mining Services:

• Cloud Mining Users: 641,526 registered users as of September 30, 2025.
  

Upcoming Conferences:

• BitFuFu will be attending the following upcoming conferences.
  • October 9-10, 2025: North American Blockchain Summit in Dallas, TX.
  • October 19-21, 2025: LD Micro Main Event Conference in San Diego, CA.
  • October 22, 2025: Stocktoberfest in San Diego, CA.
  • October 30, 2025: ThinkEquity Conference in New York, NY.
    

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 601 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.

FAQ

How many bitcoins did FUFU hold as of September 30, 2025?

BitFuFu held 1,959 BTC as of September 30, 2025.

What was BitFuFu's total Bitcoin production in September 2025 (FUFU)?

September production totaled 329 BTC—296 BTC from cloud mining and 33 BTC from self-mining.

How did BitFuFu's hashrate change in September 2025 (FUFU)?

Total hashrate under management was 36 EH/s, a 1.1% month-over-month increase; self-owned hashrate remained at 5.0 EH/s.

What caused the decline in BitFuFu's Bitcoin production in September 2025 (FUFU)?

The company attributed the decline to rising network difficulty and power curtailment programs at some facilities.

What is BitFuFu's reported fleet efficiency for September 2025 (FUFU)?

Average fleet efficiency improved to 17.3 J/TH in September 2025.

How many cloud mining users did BitFuFu report as of September 30, 2025 (FUFU)?

BitFuFu reported 641,526 registered cloud mining users as of September 30, 2025.