BitFuFu Announces September 2026 Bitcoin Production and Operational Updates
Self-mining output increased, but cloud mining production, managed computing power and power capacity fell from August.
Sentiment and the balance of points
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Rhea-AI Summary
BitFuFu (NASDAQ: FUFU) reported unaudited September 2026 Bitcoin production of 167 BTC, down 4.0% from August, while self-mining output increased.
Self-mining produced 98 BTC versus 88 BTC in August; cloud mining produced 69 BTC versus 86 BTC. Daily production remained 5.6 BTC. Bitcoin holdings rose by 15 BTC to 1,388 BTC. Managed computing power fell to 19.4 EH/s from 20.6 EH/s, and power capacity declined to 324 MW from 344 MW. Self-owned computing power and fleet energy efficiency were unchanged.
The proposed majority-stake acquisition of an Ethiopian company operating an 80-MW mining facility remains uncompleted, with closing conditions not all satisfied or waived. BitFuFu has paid sellers US$4.1 million and deployed approximately 13,700 mining machines, carrying a US$1.74 million net book value as of September 30, 2026.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Positive
- Minor pointBitcoin holdings increased by 15 BTC from August to 1,388 BTC in September.
- Minor pointSelf-mining production increased to 98 BTC in September from 88 BTC in August.
Negative
- Moderate pointBitcoin production decreased 4.0% month over month to 167 BTC from 174 BTC.
- Moderate pointThird-party supplier and hosting customer computing power fell to 15.6 EH/s from 16.8 EH/s.
- Moderate pointPower capacity declined to 324 MW in September from 344 MW in August.
- Minor pointCloud mining production fell to 69 BTC in September from 86 BTC in August.
- Minor pointEthiopian acquisition closing conditions, including asset consolidation and required government filings, remain not all satisfied or waived.
News Explained
The supplier warned on
Details
Market Reaction – FUFU
On Oct 13, the day this news came out, the latest delayed price for FUFU is 0.75% below the previous close. Argus tracked a peak move of +6.4% during the session. Our momentum scanner has recorded 6 alerts for this stock so far that day. The latest delayed price is $1.33. Relative volume is above average at 1.9x the average.
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Key Figures
- Bitcoin production
- 167 BTC
- September 2026
- Month-over-month production change
- 4.0% decrease
- September 2026 versus August 2026
- Mining facility capacity
- 80 MW
- Ethiopian facility involved in the proposed acquisition
- Cash payments to sellers
- US$4,100,000
- Aggregate payments made in connection with the proposed acquisition
- Deployed mining machines
- Approximately 13,700 units
- BITMAIN ANTMINER S19 series machines deployed to the facility
- Deployed machines' aggregate hashrate
- Approximately 1.57 EH/s
- Machines deployed to the facility
- Deployed machines' net book value
- US$1.74 million
- As of September 30, 2026
- Supplier notice period
- 10 days
- Notice period before the supplier intended to exercise security rights over collateralized assets
Previous Crypto Reports
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August production rose to 174 BTC, with higher hashrate and improved fleet efficiency.
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July production was 112 BTC, below June's 125 BTC, while management cited planned hashrate recovery.
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June production fell 29.4% month over month to 125 BTC.
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May production increased 22.1% month over month to 177 BTC.
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April production fell to 145 BTC from 214 BTC amid an Ethiopia power outage.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
hashrate technical
cloud mining technical
eh/s technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
SINGAPORE, Oct. 13, 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 September 2026.
“September reflected the stability of our operating platform and our continued focus on operational efficiency. Daily Bitcoin production remained steady at 5.6 BTC, while self-mining production increased to 98 BTC from 88 BTC in August,” said Leo Lu, Chairman and CEO of BitFuFu. “Regarding the matters relating to the previous agreement in Ethiopia, the investment represents a limited portion of our overall asset base. The facility has been subject to local power curtailment, the effects of which have been reflected in our previously reported monthly operating results, with limited further impact on our Bitcoin production expected going forward. We believe this event’s incremental impact on the Company will be minimal, and we are well positioned to manage any necessary adjustments to further mitigate its effects.”
September 2026 Highlights (as of September 30, 2026)
| September 2026 | August 2026 | |
| Bitcoin Held | 1,388 BTC | 1,373 BTC |
| Bitcoin Production | 167 BTC | 174 BTC |
| Daily Bitcoin Production | 5.6 BTC | 5.6 BTC |
| Self-Mining Production | 98 BTC | 88 BTC |
| Cloud Mining Production | 69 BTC | 86 BTC |
| Hashrate | 19.4 EH/s | 20.6 EH/s |
| Self-Owned Hashrate | 3.8 EH/s | 3.8 EH/s |
| Hashrate from Third-Party Suppliers and Hosting Customers | 15.6 EH/s | 16.8 EH/s |
| Average Fleet Efficiency | 16.7 J/TH | 16.7 J/TH |
| Power Capacity | 324 MW | 344 MW |
Bitcoin Holdings and Production:
- Bitcoin Held: 1,388 BTC, an increase of 15 BTC from August.
- Bitcoin Production: 167 BTC (including 69 BTC from cloud mining and 98 BTC from self-mining), representing a
4.0% month-over-month decrease from 174 BTC in August. Daily Bitcoin production averaged 5.6 BTC in September, unchanged from August.
Hashrate Overview:
- Total Hashrate Under Management: 19.4 EH/s.
- Self-Owned Hashrate1: 3.8 EH/s, unchanged from August.
- Hashrate from Third-Party Suppliers and Hosting Customers1: 15.6 EH/s.
- Average Fleet Efficiency: 16.7 J/TH, maintaining the same level as in August.
Power and Infrastructure:
- Total Power Capacity Under Management: 324 MW.
Update on Proposed Acquisition of Bitcoin Mining Facility in Ethiopia:
As previously disclosed on October 22, 2024,the Company, through its wholly-owned subsidiary, Finfront Holding Company, entered into an acquisition agreement (as amended and supplemented from time to time, the “Agreement”) with certain shareholders (the “Sellers”) of an Ethiopian company which owns and operates an 80-megawatt (MW) Bitcoin mining facility in Ethiopia (the “Target Company”), pursuant to which the Company agreed to acquire a majority stake in the Target Company (the “Proposed Acquisition”). The closing of the Proposed Acquisition is subject to a number of conditions precedent designated to protect the Company’s interests, including but not limited to the Target Company’s completion of certain asset consolidation, the Sellers’ completion of the required government filings in Ethiopia within the applicable timeframes, and the absence of any material adverse change in or undisclosed liability of the Target Company (the “Conditions Precedent”).
As of the date of this current report on Form 6-K (this “Report”), the Conditions Precedent have not all been satisfied or waived by the Company, and the Proposed Acquisition has not been consummated. In connection with the Proposed Acquisition, the Company has made cash payments in the aggregate amount of US
The Company has recently become aware that the Target Company is involved in a contractual dispute with its electric power supplier in Ethiopia (the “Supplier”). The Company is not a direct party to the underlying contract or dispute. On September 28, 2026, the Supplier notified the Target Company that, if the Target Company did not make certain payment to the Supplier within a ten (10)-day notice period, the Supplier intended to exercise certain security rights and take possession of the Target Company’s collateralized equipment and assets upon the expiration of such ten (10)-day notice period. To the best of the Company’s knowledge, as of the date of this Report, the Target Company has not remitted the disputed amounts to the Supplier. Considering this, the Company promptly initiated an assessment of its response.
Based on this assessment, the Company believes there is a material risk that the Target Company may be unable to satisfy the relevant Conditions Precedent. Such failure could prevent the closing of the Proposed Acquisition on the currently contemplated terms, within the anticipated timeframe, or at all. In addition, if the dispute results in a change to the operating environment of the Deployed Machines, part of the Company’s mining operation arrangements may need to be adjusted accordingly; however, the Company believes it has the ability to address such changes through the reallocation of its existing resources.
To safeguard the security of its existing investments, the Company is currently evaluating its contractual rights and available remedies under the Agreement, including potential termination of the Agreement, commencement of arbitration against the Sellers, recovery of amounts paid and return of the Deployed Machines. The Company has full confidence in its ability to protect its legal and financial interests, as well as those of its shareholders. However, the final outcome of these matters remains uncertain, and the Company will continue to monitor the situation and provide further disclosures as necessary and appropriate under applicable obligations.
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
Media Contact:
BitFuFu Media Relations
pr@bitfufu.com
_____________________________
1 Hashrate may be used for both self-mining and cloud mining.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much Bitcoin did BitFuFu produce in September 2026?
BitFuFu produced 167 BTC in September 2026, a 4.0% decrease from 174 BTC in August. September output included 98 BTC from self-mining and 69 BTC from cloud mining. Daily production averaged 5.6 BTC, unchanged from August.
Has BitFuFu completed its proposed Ethiopian mining facility acquisition?
BitFuFu has not completed its proposed majority-stake acquisition of the Ethiopian company operating an 80-MW mining facility. Closing conditions have not all been satisfied or waived. Those conditions include asset consolidation, required Ethiopian government filings within applicable timeframes, and the absence of material adverse changes or undisclosed liabilities.
What computing power and energy efficiency did BitFuFu retain in September 2026?
BitFuFu's self-owned computing power remained 3.8 EH/s, and average fleet energy efficiency remained 16.7 J/TH, both unchanged from August. EH/s measures mining computing power; J/TH measures the energy used per unit of computing work.
What mining equipment has BitFuFu deployed at the Ethiopian facility?
BitFuFu deployed approximately 13,700 BITMAIN ANTMINER S19 series machines to the facility. The machines collectively generate approximately 1.57 EH/s of computing power and had a total net book value of US$1.74 million as of September 30, 2026.