StockWatch
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Finance: Consumer Services
Monthly UpdateJun 9, 2026, 07:46 AM

BitFuFu May Bitcoin Production +22.1% to 177 BTC; Self-Mining Triples

AI Summary

BitFuFu Inc. announced its unaudited Bitcoin production and operational metrics for May 2026, reporting a 22.1% month-over-month increase in total Bitcoin production to 177 BTC. A significant strategic shift saw self-mining output nearly triple to 90 BTC, now accounting for over half of total production, reflecting a deliberate capital allocation decision to accumulate Bitcoin. The company's Bitcoin holdings grew to 1,855 BTC, and the increase in production was primarily due to easing power curtailment in Ethiopia.

Key Highlights

  • Total Bitcoin production increased 22.1% month-over-month to 177 BTC in May.
  • Self-mining production nearly tripled to 90 BTC from 32 BTC in April.
  • Bitcoin holdings grew by 43 BTC to 1,855 BTC as of May 31, 2026.
  • Daily Bitcoin production rose to 5.7 BTC from 4.8 BTC in April.
  • Total hashrate under management decreased to 19.5 EH/s from 22.4 EH/s.
  • Average fleet efficiency improved to 17.8 J/TH from 18.1 J/TH.
  • Total power capacity under management decreased 14.4% MoM to 346 MW.