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BitFuFu Updates: Bitcoin Holdings Rise Amid Production Drop

BitFuFu Updates: Bitcoin Holdings Rise Amid Production Drop

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by Giorgi Kostiuk

2 days ago


Singapore-based Bitcoin cloud miner BitFuFu has released its operational updates for August 2025, reporting growth in Bitcoin holdings alongside a dip in production.

Bitcoin Holdings and Production

The company revealed that its Bitcoin holdings grew to 1,899 BTC, an increase of 115 BTC from July. However, production took a hit, dropping by 12.6% to a total of 408 BTC mined for the month, which includes 353 BTC from cloud mining and 55 BTC from self-mining.

Mining Efficiency and Hashrate Changes

BitFuFu’s total hashrate under management fell to 35.6 EH/s, a 7.8% decline from July, due to normal fluctuations in leased hashrate. Nevertheless, self-owned hashrate experienced a significant increase of 31.6%, reaching 5.0 EH/s. The improved efficiency of the ANTMINER S21 series enabled the firm to reduce its total power capacity to 628 MW, a drop of 16.5%.

Company Plans and Growing User Base

The platform is witnessing a surge in its user base, with registered cloud mining users reaching 636,798 as of August 31. BitFuFu has announced plans to engage with investors at major industry events, including the Gateway Conference in San Francisco on September 3-4 and the Wainwright Global Investment Conference in New York on September 8-10.

BitFuFu's focus on efficiency and growth indicates its long-term vision despite temporary production setbacks, reflecting increasing demand for Bitcoin mining services.

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