.jpg)
1 hour ago
3
Article content
SINGAPORE, June 09, 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 May 2026.
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Sign In or Create an Account
or
Article content
“In May, BitFuFu delivered strong operational results with total Bitcoin production rising 22.1% month-over-month to 177 BTC. The more significant story, however, was the strategic shift in our production mix: self-mining output nearly tripled to 90 BTC in May from 32 BTC in April and accounted for more than half of total production. This reflects a deliberate capital allocation decision. We view the current Bitcoin price environment as an attractive long-term accumulation opportunity, and we have proactively shifted resources toward self-mining to build our Bitcoin holdings. We remain confident in Bitcoin’s long-term outlook, and periods of price consolidation are precisely when we seek to accumulate.
Article content
Article content
Article content
Our platform’s flexibility to dynamically reallocate hashrate between self-mining and cloud mining is a key competitive advantage, and we will continue to deploy it with discipline. As our Bitcoin holdings grow to 1,855 BTC, we remain committed to optimizing asset utilization, maximizing fleet efficiency, and creating lasting value for our shareholders through operational excellence and a strong Bitcoin balance sheet,” said Leo Lu, Chairman and CEO of BitFuFu.
Article content
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
Article content
May 2026 Highlights (as of May 31, 2026)
Article content
| May 2026 | April 2026 | |
| Bitcoin Held | 1,855 BTC | 1,812 BTC |
| Bitcoin Production | 177 BTC | 145 BTC |
| Daily Bitcoin Production | 5.7 BTC | 4.8 BTC |
| Self-Mining Production | 90 BTC | 32 BTC |
| Cloud Mining Production | 87 BTC | 113 BTC |
| Hashrate | 19.5 EH/s | 22.4 EH/s |
| Self-Owned Hashrate | 3.2 EH/s | 3.3 EH/s |
| Hashrate from Third-Party Suppliers and Hosting Customers | 16.3 EH/s | 19.1 EH/s |
| Average Fleet Efficiency | 17.8 J/TH | 18.1 J/TH |
| Power Capacity | 346 MW | 404 MW |
Article content
Bitcoin Holdings and Production:
Article content
- Bitcoin Held: 1,855 BTC1, an increase of 43 BTC from April 30, 2026.
- Bitcoin Production: 177 BTC (including 87 BTC from cloud mining and 90 BTC from self-mining), representing a 22.1% month-over-month increase. The increase was primarily attributable to the easing of power curtailment at the mining facilities in Ethiopia, resulting in higher miner uptime and increased Bitcoin production.
Article content
Article content
Hashrate Overview:
Article content
- Total Hashrate Under Management: 19.5 EH/s, compared with 22.4 EH/s in April 2026.
- Self-Owned Hashrate2: 3.2 EH/s.
- Hashrate from Third-Party Suppliers and Hosting Customers2: 16.3 EH/s.
- Average Fleet Efficiency: 17.8 J/TH
Article content
Power and Infrastructure:
Article content
- Total Power Capacity Under Management: 346 MW, a month-over-month decrease of 14.4%.
Article content
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.
Article content
For more information, visit ir.bitfufu.com or follow BitFuFu on X @BitFuFuOfficial.
Article content
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.
Article content
Investor Contact:
BitFuFu Investor Relations
[email protected]
Article content
Charley Brady
Vice President, Investor Relations:
[email protected]
Article content
Media Contact:
BitFuFu Media Relations
[email protected]
Article content
____________________________
1 Includes 119 BTC pledged for loans and excludes BTC produced by cloud mining customers.
2 Hashrate may be used for both self-mining and cloud mining.
Article content
Article content
Article content
Article content
Article content
Article content
English (US)