SINGAPORE, Dec. 05, 2025 — BitFuFu Inc. (NASDAQ: FUFU), a prominent global Bitcoin mining company and services innovator, released its unaudited production and operational performance figures for November 2025 today.
“Throughout the last month, we expedited the divestiture of older S19 series miners, substituting them with advanced S21 models. While this transition led to a brief reduction in our overall managed hashrate, our upgrade strategy is proceeding as planned, setting us up for improved mining efficiency in the future,” stated Leo Lu, BitFuFu’s Chairman and CEO.
“Concurrently, we adopted a cautious strategy regarding third-party hashrate acquisitions, refraining from expensive obligations during a period of declining Bitcoin prices. Our primary objective is sustained profitability in all market conditions, and we maintain a strong conviction in Bitcoin’s long-term prospects. Furthermore, we are exploring avenues to broaden our global hashrate presence, anticipating this will help diversify our cost structure and fuel future expansion.”
Key Metrics for November 2025 (as of November 30, 2025)
Bitcoin Reserves and Output:
Adhering to its rigorous treasury management, the Company strategically divested 205 BTC in November 2025 at an average rate of $107,000. This action was taken to cover supplier payments and to judiciously mitigate risk during transient market instability.
- Bitcoin Holdings: 1,764 BTC1, reflecting a reduction of 189 BTC compared to October 31, 2025.
- Total Bitcoin Produced: 231 BTC, comprising 190 BTC from cloud mining services and 41 BTC from proprietary mining operations.
Hashrate Summary:
- Overall Managed Hashrate: 26.4 EH/s, marking a 13.4% month-over-month decline. This decrease stems from a deliberate slowdown in hashrate acquisition to manage risks during the period of Bitcoin price fluctuations.
- Proprietary Hashrate2: 3.7 EH/s, a reduction of 1.3 EH/s since October 31, 2025, attributable to an ongoing modernization of owned mining rigs, involving the sale of certain S19 XP miners to be succeeded by next-generation models soon.
- Hashrate Sourced from Third-Party Providers and Hosting Clients2: 22.7 EH/s.
- Fleet Average Efficiency: 18.1 J/TH.
Energy and Infrastructure:
- Total Managed Power Capacity: 478 MW, representing a 13.9% month-over-month reduction.
Mining Service Offerings:
- Cloud Mining Client Base: 648,221 registered users as of November 30, 2025.
Forthcoming Conferences:
BitFuFu is scheduled to participate in the following upcoming events.
- December 4, 2025: B. Riley Convergence Conference, New York City.
- December 8-9, 2025: Bitcoin MENA 2025, located in Abu Dhabi.
- December 11, 2025: Emerging Markets Conference, conducted virtually.
Concerning BitFuFu Inc.
BitFuFu Inc. stands as a premier global Bitcoin miner and pioneer in mining services. The company is dedicated to strengthening the worldwide Bitcoin network via its advanced cloud mining platform, swiftly expanding infrastructure, and groundbreaking mining solutions.
To learn more, please visit or connect with BitFuFu on X @.
Statements Regarding Future Prospects
This press release contains “forward-looking statements” as defined by the “safe harbor” stipulations of the United States Private Securities Litigation Reform Act of 1995. Such statements are often identifiable by terms like “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target,” or comparable phrases that suggest future occurrences or directions. Any declarations that are not historical in nature, including those concerning the Company’s convictions and outlook, constitute forward-looking statements. These assertions rest upon various assumptions, whether explicitly stated herein or not, and reflect the present expectations of BitFuFu’s leadership, rather than guarantees of actual outcomes. Such statements are subject to risks, uncertainties, and other elements that could lead to BitFuFu’s actual results, operational levels, performance, or accomplishments varying significantly from those articulated or implied by these forward-looking statements. Despite the Company’s belief that it has a sound foundation for each forward-looking statement in this release, it advises that these statements are derived from a blend of current facts, known factors, and future projections, which are intrinsically unpredictable. All data presented in this press release is current as of its publication date, and the Company assumes no obligation to revise such information, unless mandated by relevant law.
Contact for Investors:
BitFuFu Investor Relations Department
Charley Brady
Vice President of Investor Relations:
Contact for Media:
BitFuFu Media Relations Department
1 Encompasses 620 BTC committed as collateral for loans and miner acquisition payables, and does not include BTC generated by cloud mining clients.
2 Hashrate capacity can be allocated to both proprietary mining and cloud mining services.
