BitFuFu held 1,959 BTC as of September 30, 2025, an increase of 60 BTC from August 31, 2025.Average fleet efficiency improved to 17.3 J/TH. SINGAPORE, Oct. 06, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a world-leading Bitcoin miner and mining services innovator, today announced its unaudited production and mining operation updates for September 2025. “We increased our Bitcoin holdings to 1,959 BTC, up 60 BTC from the prior month,” said Leo Lu, Chairman and CEO of Bit ...

Core Insights - BitFuFu Inc. reported significant growth in Bitcoin production and mining operations for July 2025, highlighting a 43% month-over-month increase in self-mining output [2][6][7] - The company achieved a record hashrate of 38.6 EH/s and total power capacity of 752 MW, marking a 3.3% month-over-month increase in power capacity [3][6][7] - BitFuFu's Bitcoin holdings decreased slightly to 1,784 BTC, primarily due to vendor payments, while total Bitcoin production reached 467 BTC, a 4.9% increase from the previous month [7] Bitcoin Holdings and Production - Bitcoin production for July 2025 was 467 BTC, with 384 BTC from cloud mining and 83 BTC from self-mining [7] - The self-mining output increased by 43.1% month-over-month, demonstrating the effectiveness of the company's dual-engine model [2][6] - Bitcoin holdings decreased by 8 BTC from June 30, 2025, due to payments made to vendors [7] Hashrate Overview - Total hashrate under management reached 38.6 EH/s, reflecting a 6.6% month-over-month increase [7] - Self-owned hashrate accounted for 3.8 EH/s, while hashrate from third-party suppliers and hosting customers was 34.8 EH/s [7] - The average fleet efficiency was reported at 19.5 J/TH [7] Power and Infrastructure - Total power capacity under management was 752 MW, with a 3.3% month-over-month increase [3][6] - The company operates across five continents, indicating a broad geographical footprint in its mining operations [3] Mining Services - BitFuFu has a growing cloud mining user base, with 629,487 registered users as of July 31, 2025 [8] - The BitFuFuPool mining pool surpassed 20 EH/s in July 2025, showcasing the company's competitive position in the mining services sector [8]

Core Viewpoint - BitFuFu Inc. is set to participate in the Emerging Growth Conference on July 16, 2025, where it will discuss its strategic initiatives and growth outlook [1][2]. Company Overview - BitFuFu Inc. is recognized as a world-leading Bitcoin miner and innovator in mining services, focusing on empowering the global Bitcoin network through its cloud mining platform and rapidly scaling infrastructure [4]. Conference Details - The presentation will be led by Charley Brady, Vice President of Investor Relations, and will include a Q&A session for investors to engage with company leadership [2]. - The conference aims to facilitate public companies in presenting their new products and services to the investment community efficiently [5]. - The audience for the conference includes individual and institutional investors, investment advisors, and analysts, potentially reaching tens of thousands [6]. Additional Information - For those unable to attend the live presentation, a recorded webcast will be available post-event on EmergingGrowth.com and YouTube [3]. - Interested parties can submit questions in advance to enhance engagement during the event [2].

Summary of BitFuFu (FUFU) 2025 Conference Company Overview - **Company Name**: BitFuFu - **Ticker Symbol**: FUFU - **Industry**: Bitcoin Mining - **Business Model**: Cloud mining and self-mining of Bitcoin, making Bitcoin mining accessible to a broader audience [4][5] Key Points and Arguments - **Market Position**: BitFuFu is the number one cloud mining service provider globally with over 600,000 registered users and a computing power of 28.3 exahash as of April 30, 2025 [5][6] - **Revenue Composition**: In 2023 and the first nine months of 2024, cloud mining accounted for approximately 60% of total revenues, with a slight decrease to over 50% in Q4 2024 [8] - **Profitability**: The company has been profitable every year since its inception, with a compounded annual growth rate (CAGR) of 65% in revenue and 73% in EBITDA over the past four years [18][50] - **Data Center Strategy**: BitFuFu is transitioning from an asset-light strategy to owning data centers, having acquired several facilities in Ethiopia and the US, aiming for an additional 1 gigawatt of capacity by the end of 2026 [22][25] - **Electricity Costs**: The company has reduced its all-in electricity costs from 7-7.5 cents per kilowatt-hour to as low as 3 cents in Oklahoma, significantly improving margins [26][28] Unique Selling Propositions - **Dynamic Hash Rate Allocation**: BitFuFu utilizes proprietary technology to dynamically allocate hash rates between self-mining and cloud mining based on market conditions [7][46] - **Customer Transparency**: Customers can monitor their mining activities in real-time through an app or website, with a guaranteed uptime of 95% [16][35] - **Full-Service Model**: The company offers a comprehensive suite of services, including hosting, mining pool, and sales of mining rigs, enhancing customer experience [30][34] Growth Potential - **User Growth**: Registered users of the cloud mining service increased from 300,000 in Q4 2023 to over 612,000 as of April 2025, indicating strong market demand [36] - **Untapped US Market**: BitFuFu has not yet penetrated the US market due to regulatory hurdles but sees significant growth potential in this area [37][38] Financial Performance - **EBITDA Growth**: The company reported an EBITDA of approximately $118 million in 2024, a significant increase from $42 million in 2023 [51] - **Cost Efficiency**: The cost to mine Bitcoin in Oklahoma is $18,000, with Bitcoin trading over $100,000, indicating a strong return on investment [28] Additional Insights - **Strategic Partnerships**: BitFuFu has a long-term hosting agreement with Bitmain, securing access to mining rigs and favorable financing terms [32][41] - **Customer Benefits**: Cloud mining can allow users to acquire 2-20% more Bitcoin compared to purchasing directly from exchanges, depending on market conditions [42] This summary encapsulates the key aspects of BitFuFu's business model, market position, growth strategies, and financial performance as discussed in the conference.