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BitFuFu Announces September 2026 Bitcoin Production and Operational Updates

FUFU
  • BitFuFu Inc. reported unaudited Bitcoin production metrics for September 2026, with total production of 167 BTC, a 4.0% decrease from August's 174 BTC.
  • Daily Bitcoin production remained steady at 5.6 BTC, while self-mining output rose to 98 BTC from 88 BTC in August.
  • Bitcoin holdings increased by 15 BTC to reach 1,388 BTC as of September 30, 2026.
  • Total hashrate under management declined to 19.4 EH/s from 20.6 EH/s, driven by a drop in third-party hashrate to 15.6 EH/s.
  • Self-owned hashrate remained unchanged at 3.8 EH/s, & average fleet efficiency held steady at 16.7 J/TH.
  • Total power capacity decreased to 324 MW from 344 MW in the previous month.
  • The Proposed Acquisition of an 80 MW Ethiopian mining facility remains uncompleted due to unsatisfied conditions precedent, including a contractual dispute with the local power supplier.
  • BitFuFu has paid $4.1 million to sellers & deployed 13,700 Bitmain S19 miners valued at $1.74 million to the Ethiopian facility.
  • A power supplier notified the target company of potential asset seizure if disputed payments are not made within a 10-day period.
  • The company believes there is a material risk the acquisition may not close on current terms & is evaluating remedies such as termination, arbitration, & recovery of funds & equipment.
  • Management expects the Ethiopian situation to have minimal further impact on overall Bitcoin production & plans to mitigate effects through resource reallocation.