SINGAPORE, April 09, 2025 — BitFuFu Inc. (NASDAQ: FUFU), a leading global Bitcoin mining company and provider of comprehensive mining services, today released its unaudited production and operational updates for Bitcoin mining for March 2025.

Key Highlights:

  • Bitcoin Holdings: As of March 31, 2025, the company held 1,847 Bitcoins (“BTC”), a 47 BTC increase from the end of February 2025.
  • Bitcoin Production: The company produced 234 BTC, with 58 BTC from its own mining operations and 176 BTC for its cloud-mining clients.
  • Miner Energization: As of the end of March 2025, the company had energized most of the 2,000 S21 XP miners ordered in November 2024 and the 4,000 S21+ miners ordered in December 2024 at its secure U.S. datacenters (excluding a portion of miners sold to customers). This added 1.1 EH/s of self-owned mining capacity to the company’s managed hashrate network.

“In March 2025, we accelerated the energization of our self-owned S21 series miners, adding over 1 EH/s of highly efficient self-mining hashrate amidst ongoing market volatility,” stated Leo Lu, Chairman and Chief Executive Officer of BitFuFu. “As global macroeconomic risks increase, Bitcoin’s value as a resilient store of value is becoming increasingly clear. With one of the most efficient mining fleets and a rapidly progressing vertical integration strategy, we are quickly lowering our operating costs and reinforcing our competitive advantage.”

Bitcoin Holdings and Production:

  • BTC Held: As of March 31, 2025, the company held 1,847 BTC1, representing a 47 BTC increase compared to the balance at the end of February 2025.
  • Self-Mining Production: 58 BTC, consistent with February 2025.
  • Cloud-Mining Production: 176 BTC, a 9% increase from February 2025.

Hashrate Management:

  • Total Hashrate Under Management: As of March 31, 2025, the total was 20.6 EH/s.
    • Self-Owned Hashrate: 4.2 EH/s, a 1.1 EH/s or 35% increase compared to the previous month, due to the energization of the company’s self-owned S21 series miners purchased in the fourth quarter of 2024.
    • Cloud-Mining and Co-Hosting: 16.4 EH/s.
  • Miner Energization:
    • Most of the 2,000 S21 XP miners ordered in November 2024 and the 4,000 S21+ miners ordered in December 2024 have been energized in the Company’s secure datacenters in the U.S. in March 2025, with the exception of a portion of miners sold to customers.

Power and Facilities:

  • Power Under Management: Total hosting capacity of 478 MW.

Mining Services:

  • Cloud-Mining Growth: As of March 31, 2025, registered users reached 607,377.

Upcoming Conferences & Events:

  • April 16, 2025: The company will present at the Jefferies Power x Coin Virtual Conference.
  • May 27-29, 2025: The company will participate and present at Bitcoin 2025 in Las Vegas.
  • May 29, 2025: The company will present at the Lytham Partners Spring 2025 Investor Virtual Conference.

About BitFuFu Inc.

BitFuFu Inc. is a global leader in Bitcoin mining and comprehensive mining services, offering customers comprehensive solutions, including cloud-mining. BitFuFu received early investment from BITMAIN, a leading global manufacturer of digital asset mining hardware, and remains BITMAIN’s strategic partner in Bitcoin mining and mining services.

BitFuFu is committed to creating a secure, compliant, and transparent blockchain infrastructure, offering a range of stable and intelligent digital asset mining solutions to a global customer base. By leveraging its expanding global mining facility network and strategic partnership with BITMAIN, BitFuFu enables institutional customers and digital asset enthusiasts to efficiently mine digital assets.

For more information, please visit .

Forward-Looking Statements

This press release contains “forward-looking statements” as defined in the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by terms such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target,” or similar expressions that predict or indicate future events or trends. Statements that do not relate to historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. These statements are based on various assumptions, whether or not specified in this press release, and on the current expectations of BitFuFu’s management, and are not predictions of actual performance. These statements involve risks, uncertainties, and other factors that may cause BitFuFu’s actual results, levels of activity, performance, or achievements to differ materially from those expressed or implied by these forward-looking statements. Although the Company believes it has a reasonable basis for each forward-looking statement in this press release, the Company advises that these statements are based on a combination of currently known facts and factors, as well as projections of the future, which are inherently uncertain. All information in this press release is current as of its date, and the Company undertakes no obligation to update this information, except as required by law.

For investor inquiries, please contact:
Charley Brady
Vice President, Investor Relations

For general inquiries, please contact:
BitFuFu Investor Relations

BitFuFu Media Relations

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1 Includes 794 BTC pledged for loans and miner procurement payables and excludes BTC produced by cloud-mining customers

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