Bitfufu Reports February 2026 Bitcoin Production and Financial Position

In its latest operational update, Bitfufu reported producing 227 BTC during February 2026, a slight decrease from the 229 BTC produced in January. However, the company's daily production efficiency improved, rising to 8.1 BTC per day compared to 7.4 BTC in the previous month. Cloud mining operations contributed the majority of the output at 190 BTC, while self-mining activities generated 37 BTC.

The company's total managed hashrate ended the month at 26.4 EH/s, representing a 10.8% decrease from January but a 28.2% increase year-over-year. This total includes 3.6 EH/s of self-owned hashrate and 22.8 EH/s sourced from third-party providers and hosting clients. Bitfufu's average fleet efficiency was recorded at 17.5 J/TH, while total power capacity under management fell to 463 MW.

CEO Leo Lu noted that the reduction in hashrate reflects a deliberate strategy to avoid long-term, low-margin contracts amid a softening Bitcoin price environment. Lu emphasized that the company's cloud-mining segment remains cash-flow positive, providing a buffer against market volatility. This strategy is supported by a net cash position and significant liquidity.

As of February 28, 2026, Bitfufu held 1,830 BTC, an increase of 34 BTC from the end of January. These holdings include 476 BTC currently pledged for loans and equipment payables. The company also reported approximately $40 million in cash, cash equivalents, and stablecoins. Furthermore, Bitfufu reduced its outstanding balance on a $100 million credit line to $15 million, down from $40 million in September 2025, while long-term accounts payable stood at roughly $94 million as of late 2025.