BitFuFu Announces October 2025 Bitcoin Production and Operational Updates

Core Insights - BitFuFu Inc. reported its unaudited production and mining operation updates for October 2025, highlighting fluctuations in managed hashrate and the execution of a new hashrate contract to meet cloud mining demand [1][2]. Bitcoin Holdings and Production - As of October 31, 2025, BitFuFu held 1,953 BTC, a decrease of 6 BTC from September 30, 2025 [6]. - The company produced 253 BTC in October, with 223 BTC from cloud mining and 30 BTC from self-mining [6]. - The decline in production was attributed to rising network difficulty, power curtailment programs, and the expiration of third-party contracted hashrate [6]. Hashrate Overview - Total hashrate under management was 30.5 EH/s, reflecting a 15.3% month-over-month decrease [6]. - Self-owned hashrate remained unchanged at 5.0 EH/s [6]. - The hashrate from third-party suppliers and hosting customers was 25.5 EH/s [6]. - Average fleet efficiency was reported at 18.2 J/TH [6]. Power and Infrastructure - Total power capacity under management decreased to 555 MW, marking an 11.1% month-over-month decline [3]. Mining Services - BitFuFu announced a new miner purchase and hosting program for ANTMINER S21+ Hyd Bitcoin miners, available to customers globally [6]. - The number of cloud mining users increased to 645,801 as of October 31, 2025, up from 641,526 at the end of September 2025 [6]. Upcoming Conferences - BitFuFu will participate in the Cantor Crypto & AI/Energy Infrastructure Conference in Miami, FL, from November 10-12, 2025, and Mining Disrupt 2025 in Dallas, TX, from November 12-13, 2025 [6].