BitFuFu (NASDAQ: FUFU) details February 2026 Bitcoin production update

Rhea-AI Filing Summary

BitFuFu Inc. reported unaudited Bitcoin production and key operating metrics for February 2026. The company produced 227 BTC in the month, with average daily production of 8.1 BTC. Cloud-mining contributed 190 BTC while self-mining accounted for 37 BTC.

As of February 28, 2026, BitFuFu held 1,830 BTC and approximately $40 million in cash and cash equivalents, and remained in a net cash position. The company’s total hashrate was 26.4 EH/s, including 3.6 EH/s of self-owned hashrate and 22.8 EH/s from third-party suppliers and hosting customers. Borrowings on its $100 million line of credit were reduced to $15 million, and long-term accounts payable stood at approximately $94 million.

Insights

Crypto mining and balance-sheet analyst

BitFuFu shows steady February BTC output and lower debt with modest hashrate pullback.

BitFuFu reported February 2026 Bitcoin production of 227 BTC, with 190 BTC from cloud mining and 37 BTC from self-mining. Total hashrate was 26.4 EH/s, down from 29.6 EH/s in January, reflecting a more cautious stance on hashrate expansion.

Management highlighted a disciplined approach to avoiding long-term, low-margin contracts amid a softer Bitcoin price environment. The business continues to generate positive cash flow from cloud mining, and the company emphasized flexibility across the Bitcoin cycle as a strategic priority.

On the balance sheet, BitFuFu remained in a net cash position, holding 1,830 BTC plus about $40 million in cash and equivalents as of February 28, 2026. Borrowings on its $100 million credit line declined to $15 million, and long-term accounts payable were approximately $94 million, indicating some ongoing leverage balanced by liquidity.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934

For the month of March 2026

Commission file number: 001-41972

BitFuFu Inc.

(Exact Name of Registrant as Specified in Its Charter)

7 Temasek Boulevard

Suntec Tower 1, #11-01

Singapore 038987

(Address of Principal Executive Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F  ☒        Form 40-F  ☐

INCORPORATION BY REFERENCE

This current report on Form 6-K is hereby incorporated by reference in the registration statements of BitFuFu Inc. on Form F-3 (No. 333-278207, No. 333-286356 and No.333-288554), to the extent not superseded by documents or reports subsequently filed or furnished.

EXHIBIT INDEX

Exhibit No.		Description
99.1		BitFuFu Announces February 2026 Bitcoin Production and Operational Updates

1

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	BitFuFu Inc.
Date: March 5, 2026	By:	/s/ Leo Lu
	Name:	Leo Lu
	Title:	Chairman of Board of Directors and Chief Executive Officer

2

Exhibit 99.1

 

BitFuFu Announces February 2026 Bitcoin Production and Operational Updates

SINGAPORE, March 5, 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 $40 million in cash and cash equivalents¹. We also reduced outstanding borrowings on our $100 million line of credit to $15 million from $40 million as of September 30, 2025, while our long-term accounts payable balance decreased to approximately $94 million as of December 31, 2025.”

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 of 10.8%.

○ 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

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.

1

BitFuFu Announces February 2026 Bitcoin Production and Operational Updates

Power and Infrastructure:

● Total Power Capacity Under Management: 463 MW, a year-over-year decrease of 3.3% and a month-over-month decrease of 11.0%.

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

FAQ

What were BitFuFu Inc. (FUFU) Bitcoin production figures for February 2026?

BitFuFu produced 227 Bitcoin in February 2026, with average daily output of 8.1 BTC. Cloud-mining contributed 190 BTC, while self-mining generated 37 BTC, showing a business mix tilted toward its cloud-mining operations.

How much Bitcoin and cash did BitFuFu (FUFU) hold as of February 28, 2026?

As of February 28, 2026, BitFuFu held 1,830 Bitcoin and approximately $40 million in cash and cash equivalents. Management stated the company remained in a net cash position, emphasizing balance sheet strength and liquidity during a softer Bitcoin price environment.

What was BitFuFu’s hashrate and mining capacity in February 2026?

In February 2026, BitFuFu reported total hashrate of 26.4 EH/s, including 3.6 EH/s of self-owned hashrate and 22.8 EH/s from third-party suppliers and hosting customers. Reported power capacity was 463 MW, supporting its global Bitcoin mining operations.

How is BitFuFu managing debt and credit facilities according to the February 2026 update?

BitFuFu reduced borrowings on its $100 million line of credit to $15 million, down from $40 million as of September 30, 2025. Long-term accounts payable were about $94 million as of December 31, 2025, balancing leverage against liquidity and Bitcoin holdings.

What strategy did BitFuFu highlight in its February 2026 Bitcoin production update?

BitFuFu emphasized a disciplined approach to incremental hashrate procurement and avoiding long-term, low-margin contracts. Management highlighted positive cash flow from cloud mining, a focus on flexibility across Bitcoin cycles, and using its balance sheet strength to navigate pricing volatility.

Is BitFuFu’s cloud mining or self-mining segment larger based on February 2026 data?

Cloud mining was larger in February 2026, producing 190 BTC versus 37 BTC from self-mining. This indicates the company’s Bitcoin output was primarily driven by its cloud-mining platform rather than proprietary self-mining during the period.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 BITFUFU ANNOUNCES FEBRUARY 2026 BITCOIN PRODUCTION AND OPERATIONAL UPDATES 26.1 KB