BitFuFu Announces February 2026 Bitcoin Production and Operational Updates

Core Insights - BitFuFu Inc. reported a disciplined approach to hashrate procurement, resulting in a decline in hashrate from January to February 2026, while maintaining flexibility in operations [2] - The company remains in a net cash position with strong liquidity, holding 1,830 Bitcoin and approximately $40 million in cash as of February 28, 2026 [3][4] - February 2026 saw a total Bitcoin production of 227 BTC, with a notable contribution from cloud mining [5][11] Bitcoin Holdings and Production - As of February 28, 2026, BitFuFu held 1,830 BTC, an increase of 34 BTC from January 31, 2026 [5][11] - Total Bitcoin production for February 2026 was 227 BTC, which included 190 BTC from cloud mining and 37 BTC from self-mining [5][11] - Daily Bitcoin production averaged 8.1 BTC in February, up from 7.4 BTC in January [5] Hashrate Overview - BitFuFu managed a hashrate of 26.4 EH/s as of February 28, 2026, reflecting a year-over-year increase of 28.2% but a month-over-month decrease of 10.8% [4][11] - The self-owned hashrate was 3.6 EH/s, while hashrate from third-party suppliers and hosting customers was 22.8 EH/s [5][11] Power and Infrastructure - The total power capacity under management was 463 MW, which represents a year-over-year decrease of 3.3% and a month-over-month decrease of 11.0% [6][11] - The average fleet efficiency remained stable at 17.5 J/TH [5][11] Upcoming Conferences - BitFuFu will participate in the 38th Annual ROTH Conference from March 22-24, 2026, in Dana Point, CA [7]