Mining News

BitFUFU announces Bitcoin and Bitcoin mining and

Singapore, 06 March, 2025 (Globe Newswire) – BitFufu Inc. (“BitFUFU” or “The Company”) (NASDAQ: FUFU), a leading global company in bitcoin mining and comprehensive mining services, today on production and mining updates in February 2025.

The most prominent major events:

  • Bitcoin possesses: 1800 Bitcoins (“BTC”) was held as of February 28, 2025.
  • Bitcoin production: 219 BTC, including 58 BTC of self -mining and 161 btc for cloud clients.
  • The growth of the cloud mining platform: In less than three months, registered users increased from 500,000 to more than 600,000, as of February 28, 2025, reflecting an accelerated growth rate.
  • Strategic expansion:
    • Oklahoma website: In February, BitFUFU acquired the majority of the majority of the Bitcoin 51MW mining facility and is located in Oklahoma. The company plans to deploy S21 miners on the site and complete the activation in March 2025. Based on the average cost of electricity amounting to $ 0.03/kilowatt hours, the current cash cost for bitcoin production at OKLahoma with S21 XP Mineer is about $ 18,000 except for consumption.

“In February 2025, BitFUFU continued to implement its growth strategy to obtain the assets of the data center, upgrade the mining fleet, and the cloud retail management actively,” said Liu Lu, Chairman and CEO of BitFUFU. “In addition, we added to Bitcoin’s possessions that reflect our long -term Bitcoin’s confidence.”

Bitcoin holdings and production:

  • BTC held: 1800 BTC as of February 28, 20241.
  • Self -mining production: 58 BTC, represents a 30 % decrease from January 2025, mainly due to the transfer of the mining workers fleet.
  • Cloud Mining Production: 161 BTC, which represents a 19.5 % decrease from the previous month in the first place due to the end of a specific seizure purchase orders.

Retail management:

  • Total retail under management: 20.6 EH/S as of February 28, 2025.
    • Self -owned: 3.1EH/s.
    • The shared cloud and hosting: 17.5eh/s.
  • Activation of miners:
    • In November 2024, miners in November 2024 reached a newly obtained bitcoin mining facility in Oklahoma and the full activation will be completed in early March.

1 703 BTC includes loans and payment of mining workers’ purchases and excludes BTC produced by cloud mining agents

Power and facilities:

  • Power under management: 480 megawatts of hosting capacity, including three facilities with a total of 164 MW of guaranteed energy energy:
    • 80 megawatts in Ethiopia (hydroelectric energy)
    • 33 megawatts in the United States (network strength)
    • 51 megawatts in the United States (network strength)
  • 1GW of the guaranteed energy goal by 2026: This month, an additional 51 megawatts have been added, up to the total guaranteed energy capacity to 164 megawatts, all of which work, after completing the acquisition of the majority ownership of the Bitcoin Mining in Oklahoma, USA, USA

Mining Services:

  • Cloud mining growth: Registered users reached 602,009 as of February 28, 2025.
  • Mining Services: The BitFUFU, BitFUPOLOL mining group, BitFUFUOS programs, BitFUFUOS programs, have seen continuous growth and expansion of the customer base.

Next conferences and events:

  • On March 16 to 18, 2025, Liu Lu, Chairman and CEO of BitFufu and Charley Brady, Vice President of Investor Relations, will attend the thirty -seventh annual Roth conference in Dana Point, California, and hold individual meetings with investors.
  • On March 21-22, 2025, BitFUFU and the attendance of the FUTU 2025 in Hong Kong.

About BitFUFU Inc.

BitFufu Inc. A global pioneer in Bitcoin mining services and comprehensive mining, providing customers with one solutions including cloud mining. BitFUFU receives early investments from Bitmain, a manufacturer of the world leading digital asset mining devices, and the strategic Bitmain partner is still in the space of mining and mining services in Bitcoin.

BitFUFU is allocated to enhance the Blockchain safe, compatible and transparent infrastructure, providing a variety of stable and smart digital assets for the global customer base. Take advantage of the Global Mining Facility Network and Strategic Partnership with Bitmain, BitFufu enables institutional customers and digital asset lovers to allocate digital assets efficiently.

For more information, please visit https://ir.bitfu.com/.

Topical data

This press statement includes “aspiration data” in the sense of the provisions of a “safe port” of the 1995 litigation reform law in the United States. Or directions. Data that are not historical facts, including data about the company’s beliefs and expectations, are aspiration. These phrases depend on different assumptions, whether they are identified in this journalistic statement or not, and on the current expectations of the BitFUFU administration and not predictions of actual performance. These phrases include risks, doubts and other factors that may cause the actual BitFufu results, activity, performance levels or achievements that are financially different from those expressions or implicit by these aspecting data. Although the company believes that it has a reasonable basis for every aspecting phrase contained in this press statement, the company warns you that these phrases are based on a set of facts and factors currently known and the future expectations, which are unconfirmed by their nature. All information provided in this press statement is from the date of this press statement, and the company does not undertake any duty to update this information, except for what is required according to the law in force.

For investor inquiries, please call:
Charlie Brady
Vice President, Investor Relations
carley.b@bitfu.com

For general inquiries:
Investor bitFUFU relationships
Ir@bitfu.com
Bitfufu media relationships
pr@bitfu.com

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