BitFuFu Reports March 2026 Operational Metrics: Bitcoin Production Down 5.7% to 214 BTC Amid Portfolio Optimization
BitFuFu Inc. announced its unaudited Bitcoin production and operational metrics for March 2026, reporting a slight decrease in total Bitcoin production and hashrate under management. Total Bitcoin production for the month was 214 BTC, a 5.7% decline from 227 BTC in February, while total hashrate decreased to 25.9 EH/s from 26.4 EH/s. The company strategically disposed of older self-owned mining machines, contributing to a decline in self-owned hashrate, with plans to refresh capacity with more energy-efficient equipment. BitFuFu also sold 80 BTC in March as part of its treasury strategy, reducing its Bitcoin holdings to 1,794 BTC, but reiterated its long-term objective to increase holdings, with CEO Leo Lu emphasizing the company's strong position in cloud mining amidst network difficulty volatility.
Key Highlights
- Total Bitcoin production for March 2026 was 214 BTC, a 5.7% decrease from 227 BTC in February 2026.
- Self-mining production increased by 16.2% to 43 BTC in March from 37 BTC in February, while cloud mining production decreased by 10% to 171 BTC from 190 BTC.
- Total hashrate under management slightly declined to 25.9 EH/s in March from 26.4 EH/s in February, with self-owned hashrate decreasing to 3.3 EH/s from 3.6 EH/s due to strategic disposal of older machines.
- BitFuFu sold 80 BTC in March in line with its treasury strategy, resulting in Bitcoin holdings of 1,794 BTC as of March 31, 2026, a decrease of 36 BTC from February 28, 2026.
- Average fleet efficiency slightly worsened to 17.7 J/TH in March from 17.5 J/TH in February, while total power capacity decreased to 457 MW from 463 MW.
- CEO Leo Lu stated the company plans to refresh self-owned capacity with newer, more energy-efficient equipment and believes its cloud mining platform is well-positioned to serve customers across changing market conditions.