BitFuFu's Bitcoin output fell 4% in Sept.; Ethiopian deal at risk
BitFuFu FUFU reported on Tuesday that its September Bitcoin BTCUSD production reached 167 BTC, down 4% from August, as lower cloud mining output offset gains in self-mining.
TradingView
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Oct 13, 2026 at 9:23 PM UTC · 1 min de lecture
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167 BTC September Bitcoin production
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bitcoin
Market Impact
BTC-1.30%$77,054
Last Updated
il y a 17 jours
BitFuFu FUFU reported on Tuesday that its September Bitcoin BTCUSD production reached 167 BTC, down 4% from August, as lower cloud mining output offset gains in self-mining.
Self-mining production rose to 98 BTC from 88 BTC, while cloud mining output fell to 69 BTC from 86 BTC. Daily production remained at 5.6 BTC.
Bitcoin holdings increased to 1.39K BTC from 1.37K BTC. The total hash rate fell to 19.4 EH/s from 20.6 EH/s, and power capacity declined to 324 MW from 344 MW.
Moreover, the company warned that an electricity-payment dispute involving its proposed Ethiopian mining acquisition target could prevent the deal from closing.
The company has paid $4.1M to the sellers and deployed mining machines with a net book value of $1.74M.
Bitcoin moved from $84,503.7 to $77,057.3 over the last 30-day period, a decline of 8.8 percent.
Source: Kraken · NewsLayer Markets · Updated il y a quelques secondes
CEO Leo Lu said BitFuFu expects limited further impact on Bitcoin production and is evaluating options to protect its investment, including possible termination of the agreement and recovery of assets.
On the market side, the stock traded ~3% lower at ~$1.30 in the after-hours.
Content provided by Seeking Alpha is intended for information purposes only, and that Seeking Alpha does not offer any personalist investment advice and is not a licensed securities dealer, broker, US investment adviser or investment bank.
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Originally reported by TradingView
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